$2,525,000
●
House -
Off Market
511 Ruby Street
Redondo Beach, CA 90277
5 Beds
4 Baths,
1
Half Bath
3,767 Ft²
$4,132,394
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
Exquisite 3-level Mediterranean home blocks from the beach. This
property features 5 bedrooms, 4.5 bathrooms and 3767 SF (per
assessor) of stunning living space.( Seller states the basement sq
ft is not included in the 5100) Buyer to verify. This great room
truly owns its name, flooded with light, lovely fireplace,
beautiful hardwood floors, open plan layout, dual a/c and a
relaxing balcony. Gourmet kitchen with top-of-the-line appliances
and plenty of storage. The spacious master suite features an
en-suite bathroom and large walk-in closet. All bedrooms are on the
same level. Access the roof top deck from the living room, perfect
for entertaining. Huge wine cellar on the first floor, perfect for
any wine enthusiast. Only minutes from great local schools, popular
shopping and dining, and the historic Redondo Beach pier. This is a
must see!
Unit Size
3,767 Ft²
Days on Market
70 days
Land Size
0.14 acres
Price per sqft
$689
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #SB17159993)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2017 | Sold | ||
| Sold | |||
| Jul 18, 2017 | Listed by Beach City Brokers | $2,595,000 | |
| Listed by Beach City Brokers | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About South Redondo Beach
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Listed by: Gary Elminoufi, Beach City Brokers
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB17159993
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB17159993
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