2116 Bataan Rd
Redondo Beach, CA 90278

Bd   — Ba   4,395 Sqft    61 Days
4 LARGE townhouse style units. High demand, easily rented units. All long term tenants, all month to month. Currently below market rents. Building and units in good condition (but interiors could use updating to increase rents). 3 bedroom 2 bath - "owner's unit" has fireplace, dishwasher and large balcony. All other units have 2 bedrooms 1 1/2 baths. All units have and washer, dryer hookups. Units B 1 unit has attached 1 car garage with direct entry to the unit. All electric building with individual meters. The location is excellent, wide street with good mix of properties including new and newer construction. The location has superior access to freeways and all services - it is also Manhattan Beach adjacent. With a little updating the rents should match the (pro-forma that is stated below). POTENTIAL gross income of $112,800 with current actual expenses and new taxes NOI would be $80,988 - this is a 4.2 CAP rate and 16.8 GRM. Offers are subject to inspection and presented as a 1031 Exchange at no cost, liability or delay to the buyer.
  • $0 HOA
  • $410/Sqft
  • MLS#SB16189063 provided by David Keller of Re/Max Estate Properties
  • Movoto last checked CRMLS for new data 44 minutes ago
  • CRMLS last updated this listing 9 months ago

Home Features for 2116 Bataan Road , Redondo Beach

Year Built: 1968
Lot Size Acres: 0.17
Lot Size Square Feet: 7505
Lot Size Units: Square Feet
Lot Size Area: 7505
Price Per Square Foot: 409.56
Tax Lot: 4
Tax Tract Number: B
New Taxes Expense: 23737
Parcel Number: 4150015004
Special Listing Conditions: Standard
Standard Status: Closed
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Property History for 2116 Bataan Road, Redondo Beach

Oct 26, 2016
Active Under Contract
Sep 19, 2016
Sep 11, 2016
Active Under Contract
Sep 6, 2016
Aug 26, 2016

Refinance Rates for 2116 Bataan Road, Redondo Beach

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Public Record for 2116 Bataan Road, Redondo Beach

9 Beds
8 Baths
4,395 Sqft Building Area
Quadruplex (4 units, any combination)
7,505 Sqft Lot Size
1968 Year Built
$1,050,000 Last Sale Price
10/16/2003 Last Sale Date

Real Estate Market Statistics for 2116 Bataan Road, Redondo Beach


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Redondo Beach

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2116 Bataan Rd is a multi family home located in 90278 in Redondo Beach, CA. It was last listed for $1,800,000, which is 76% above the current market median of $1,025,000 in 90278 and 44% above the market median of $1,249,000 in Redondo Beach. 2116 Bataan Rd is approximately 4,395 Sqft, which is 98% above the median size in Redondo Beach of 2,224 square feet and 106% above the median size in 90278 of 2,135 Sqft. This property's price per Sqft was $410, which is 20% below the current median in 90278 of $511 and 29% below the Redondo Beach median of $577. As of today, , there are 45 properties listed for sale in ZIP code 90278 and 111 properties listed for sale in the city of Redondo Beach. Of those 111 properties, there are 53 single family houses and 58 condos.
Built in 1968, this multi family house at 2116 Bataan Rd, Redondo Beach CA, 90278 is approximately 4,395 square feet and comes with 7 parking spots. It was last listed with a cost per Sqft of $410. 2116 Bataan Rd is located in the North Redondo Beach neighborhood in the Redondo Beach Unified School District. The closest school is Lincoln Elementary School.

2116 Bataan Rd, Redondo Beach CA, 90278 was on the market for 61 days. The median days on the market for properties in this area is 27 with a median list price of $1,249,000 and median cost per square foot of $577. Its current status is sold under the MLS #SB16189063.

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