Movoto Real Estate
Sold on 12/22/2023
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2107 Pullman Ln, Redondo Beach, CA 90278

$4,003,000

Last sold 12/22/2023 for $2.15M

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    bed

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    bath

Multi-family not for sale

About 2107 Pullman Ln

Property type Multi-family
Neighborhood
Year built 1965
HOA fee $0/month
Lot size 7,501 Sqft
Movoto estimate
Parking 6 garage spaces
Rental estimate
Property description
We are pleased to present an excellent investor or owner user opportunity. This 4-unit multifamily property is in a highly desirable Redondo Beach location just minutes to the Beach and nearby major employers, popular shopping centers, trendy restaurants, lively entertainment, neighborhood parks, transportation, and award-winning Redondo Beach schools. The property is comprised of a recently remodeled 3 -Bedroom/2-Bathroom with fenced front yard and three 2-Bedroom/1-Bathroom units. There are six-1-car garages, along with an attached storage room, presenting a prime opportunity for an ADU conversion (buyer to verify). Additional room to park 4 vehicles on the property without blocking the driveway or garages. The property features copper plumbing, a newer roof, and vinyl windows. The 3-Bedroom/2-Bath has recently been remodeled. One of the 2-Bedroom/1-Bath units was remodeled in 2022. These two remodeled units feature vinyl plank flooring, tiled showers, new cabinetry, new quartz counters, smooth ceilings, and recessed lighting. Strong rental location with upside in the rents. The tenants are on month-to-month agreements. Community laundry room with 2 washers / 2 dryers (machines are owned). Subject only to California AB 1482. Zip code 90278 received an overall A+ Grade per Niche.com along with ranking #47 of 1,211 as the Best Zip Code to Live in California.
Listed by
Listing Agent - Nancy Bush
Listing Office - Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS mls logo
MLS#SB23138246 • last updated 2 years ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style One, Traditional
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.1722
Lot Size (SqFt) 7501
Year Built 1965
Condition Repairs Cosmetic
Interior
Flooring See Remarks
Appliances Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
Interior Features Granite Counters, Quartz Counters
Window Features Double Pane Windows
Exterior
Construction Frame, Stucco
Building Area Square Feet, 3515
Roof Shingle
Parking Garage Faces Side, Garage - Single Door
# Uncovered Spaces 4
# Parking Spaces 10
# Garage Spaces 6
Lot Description Front Yard, Near Public Transit, Park Nearby
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Inclusions Washers & Dryers
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Biking, Curbs, Dog Park, Gutters, Park, Sidewalks, Storm Drains, Street Lights
Zoning RBR-2
Directions Pullman, Between Rindge And Blossom
APN 4159002016
Multifamily Details
Vacancy Allowance Rate 3
Laundry Income 150
Operating Expense 41761
Cap Rate 4.15
Expense: Insurance 2812
Total Expenses 41659
Expense: Maintenance 3000
Gross Income 128298
Gross Operating Income 124449
Gross Multiplier 15.5
Gross Scheduled Income 128298
Expense: Gardener 1920
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$4M
Range: $3.6M-$4.4M
Last 30 days 
Rental est.: $2,069/month
Gross rent multiplier: 86.6
  • Jun 2026
    mls logo MLS # 26841337
  • Jun 8, 2026 Active
    —
  • Jun 2, 2026 Listed
    $4,750,000 (+120.9%)
  • Dec 2023
    mls logo MLS # SB23138246
  • Dec 24, 2023 Sold
    $2,150,000
  • Nov 20, 2023 Pending
    —
  • Nov 10, 2023 Active
    —
  • Jul 26, 2023 Listed
    $1,995,000
  • Dec 2023
    Public Records
  • Dec 22, 2023 Sold
    $2,150,000 (+7.8%)
  • Year Property taxes Tax assessment
  • 2024
    $25,006 +294.6%
    $2,150,000 +379.85%
  • 2023
    $6,337 +1.3%
    $448,057
  • 2022
    $6,258 +2.2%
    $448,057 +4.04%
  • 2021
    $6,124 -0.1%
    $430,660 +1.04%
  • 2020
    $6,128 +6.3%
    $426,245 +2.0%
  • 2018
    $5,765 +1.4%
    $417,889 +4.04%
  • 2017
    $5,684 +2.3%
    $401,663 +2.0%
  • 2016
    $5,559 +1.8%
    $393,789
  • 2015
    $5,463
    —
  • 2107 Pullman Ln
    $2.15M
  • North Redondo Beach
    $1.36M -10% y/y
  • 90278
    $1.35M -9% y/y
  • Redondo Beach
    $1.49M -4% y/y
No chart available
Statistics calculated by Movoto

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9/10
Source: GreatSchools.org © 2026. All rights reserved.

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