1906 Marshallfield Lane

Redondo Beach, CA 90278

$1,390,000
Price
5
Beds
2
Baths
1,857 Sq. Ft.
$749 / Sq. Ft.
1,857
Sq. Ft.
$749
per Sq. Ft.

Description

Value-add opportunity! Price reduced! Located just moments from the Hermosa Beach Pier, King Harbor, and Redondo Beach Pier, this exceptional property features two homes on a large 7,507-square-foot lot in the highly sought-after North Redondo neighborhood. The front 2-bedroom, 1-bathroom house and rear 3-bedroom, 1-bathroom house each come with washer/dryer hookups and offer a fantastic opportunity for both owner-users and investors. With no local rent control and qualifying for residential financing,...Value-add opportunity! Price reduced! Located just moments from the Hermosa Beach Pier, King Harbor, and Redondo Beach Pier, this exceptional property features two homes on a large 7,507-square-foot lot in the highly sought-after North Redondo neighborhood. The front 2-bedroom, 1-bathroom house and rear 3-bedroom, 1-bathroom house each come with washer/dryer hookups and offer a fantastic opportunity for both owner-users and investors. With no local rent control and qualifying for residential financing, this property can be delivered 100% vacant, making it ideal for immediate occupancy.
  1. Listed by Gianluca Jacoli • DRE #01938297 • Brokerage DRE #01856803 • Shield CRE, Inc.

Property Details for 1906 Marshallfield Lane

Zoning
RBR-2
Cross Streets
Marshallfield Lane & Flagler Lane
Parcel Number
4159004008
Total Units
2.0
Living Area
1857
Source Living Area
Estimated
Area
N. Redondo Beach/Villas South (152)
Vacancy Rate
2
LISTING UPDATED: 12/19/2024 03:46 PM

Property Details for 1906 Marshallfield Lane

StatusActive
MLS #24-467423
Days on Market25
Taxes$17,375 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.17 AC / 7,507 SF
CountyLos Angeles County

Building Information for 1906 Marshallfield Lane

Stories1Residences-Year Built1961Building Size-Lot Size0.17 AC / 7,507 SF

Property Information for 1906 Marshallfield Lane

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Other
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: 3+1, 2+1
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $81,480
  • Net Operating Income: $57,735.00
  • Gross Income: $84,000
  • Cap Rate: 4.15%
  • Gross Rent Multiplier: $16.55
  • Actual Annual Gross Rent: $80,400.00
  • Actual Rent Total: $80,400.00
  • Vacancy Allow Dollar: $2,520.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 23745
Land / Lot Info
Land / Lot Info
  • Paved: Yes
  • Lot Acreage: 0.1718
  • Lot Size Square Feet: 7507
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Garage
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Construction MVO: Frame and Stucco
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 11-26-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,850.00
  • Unit Actual Rent: $3,850.00
  • Unit Projected Rent: $3,850.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,150.00
  • Unit Actual Rent: $3,150.00
  • Unit Projected Rent: $3,150.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
Tax and Assessed Info
Tax and Assessed Info
  • Tax Percent: 1.25%
  • Assessed Improvement Value: $34,134.00
  • Assessed Improvement Percent: 40.84
  • Assessed Land Value: $49,452.00
  • Assessed Land Percent: 59.16
  • Assessed Total Value: $83,586.00

Property History for 1906 Marshallfield Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1906 Marshallfield Lane

Taxable ValueLand$50,441Additions$34,816Total$85,257
Tax Record2024$2,465 ($205 / month)
Home Facts
Total Finished SqFt1,857 SqFtAbove Grade Finished SqFt1,857 SqFtLot Size7,507 SqFtStyleDuplexYear Built1961ZoningRBR-2CountyLOS ANGELESAPN4159-004-008

Schools near 1906 Marshallfield Lane

This home is within Redondo Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Jefferson Elementary School
PublicK to 5

Parras (Nick G.) Middle School
Public6 to 8

Redondo Union High School
Public9 to 12

Redondo Beach Virtual Learning
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1906 Marshallfield Lane is a multi-family home for sale in Redondo Beach, CA 90278. This property was listed for sale on November 26, 2024 by Shield CRE, Inc., it's currently listed at $1,390,000. This listing's school district is Redondo Beach Unified School District. Nearby schools include Jefferson Elementary School, Parras (Nick G.) Middle School and Redondo Union High School. 1906 Marshallfield Lane is a 5-bed, 2-bath, 1,857 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Shield CRE, Inc., Gianluca Jacoli, DRE #01938297

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.