2107 Pullman Ln

5
Baths
3,515 Sq. Ft.
$612 / Sq. Ft.
3,515
Sq. Ft.
$612
per Sq. Ft.

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...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.
  1. Listed by Nancy Bush • DRE #00962565 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
  2. Listed by Michael McKinney • DRE #00634672 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 2107 Pullman Lane

Architectural Style
Traditional
View
None
Parking Spaces Total
10
Private Pool
No
Cooling Type
None
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 12/24/2023 05:21 AM

Property Details for 2107 Pullman Lane

StatusClosed
MLS #SB23138246
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1965
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Nancy Bush, DRE #00962565; Lyon Stahl Investment Real Estate, Inc., Michael McKinney, DRE #00634672

Sold By Kape Property Management, Inc., Noam Srolovitz, DRE #02069623

Add your commute

Building Information for 2107 Pullman Lane

Building/Complex2107 Pullman LnFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1965Building Size-

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OriginPoint Mortgage or Rocket Mortgage1

$12,656 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,479

Property Taxes

$2,177

HOA Dues

$0

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Property Information for 2107 Pullman Lane

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Other, See Remarks
Income / Expense / Tax Details
Income Details
  • Gross Income: $128,298
  • Gross Scheduled Income: $128,298
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $124,449
  • Net Operating Income: $82,791
  • Number Of Rented Garages: 2
  • Garage Income: $385
  • Laundry Income: $150
  • Gross Multiplier: 15.5
  • Cap Rate: 4.15
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $41,761
  • New Taxes Expense: $22,078
  • Gardener Expense: $1,920
  • Insurance Expense: $2,812
  • Maintenance Expense: $3,000
  • Other Expense: $5,434
  • Other Expense Description: Utility
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $41,659
Tax / Assessment Info
  • Tax Block: 84
  • Tax Tract Number: 620...
  • Tax Census Tract: 6207.04
  • CFD/Mello-Roos Fee: $3,077
  • Tax Lot: 16
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Dog Park, Gutters, Park, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Equipment: Community, Dishwasher, Laundry Area, Microwave, Refrigerator
  • Interior Features: Granite Counters, Quartz Counters
  • Water Heater Features: Gas
  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Natural Gas
  • Heat Source: Natural Gas
  • Heating: Natural Gas
  • Flooring: See Remarks
Exterior Features
  • Window Features: Double Pane Windows
  • Construction Materials: Frame, Stucco
  • Exterior Construction: Frame, Stucco
  • Exterior: Stucco
  • Roof: Shingle
  • Fence: No
  • Fence: None
  • Fencing: None
  • Property Condition: Repairs Cosmetic
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Front Yard, Near Public Transit, Park Nearby
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking: Yes
  • Parking Garage: Garage - 1 Car
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
  • Parking Features: Garage Faces Side, Garage - Single Door
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,200
  • Unit Type Total Rent: $3,200
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,550
  • Unit Type Total Rent: $2,550
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,030
  • Unit Type Total Rent: $2,030
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Range: 4
  • Number With Disposal: 4

Property History for 2107 Pullman Lane

DateEvent & SourcePriceAppreciation
Dec 22, 2023

Sold

SDMLS #SB23138246

$2,150,000—
Dec 22, 2023

Sold

CLAW #SB23138246MR

$2,150,000—
Dec 22, 2023

Sold

CRMLS #SB23138246

$2,150,000—
Nov 30, 2023

Sold (Public Record)

Public Record #1523852188

$2,150,000—
Nov 20, 2023

Pending

CRMLS #SB23138246

—
Nov 10, 2023

Pending

CLAW #SB23138246MR

—
Nov 10, 2023

Accepting Backup Offers

CLAW #SB23138246MR

—
Nov 10, 2023

Accepting Backup Offers

CRMLS #SB23138246

—
Nov 10, 2023

Pending

SDMLS #SB23138246

—
Nov 1, 2023

Listed (Active)

CRMLS #SB23138246

$1,995,000—
Jul 28, 2023

Hold

CRMLS #SB23138246

—
Jul 26, 2023

Hold

CLAW #SB23138246MR

—
Jul 26, 2023

Listed (Active)

CLAW #SB23138246MR

$1,995,000—
Jul 26, 2023

Listed (Active)

SDMLS #SB23138246

$1,995,000—
Jul 26, 2023

Listed (Active)

CRMLS #SB23138246

$1,995,000—
DateEvent & SourcePrice
12/22/2023

Sold

SDMLS #SB23138246

$2,150,000
12/22/2023

Sold

CLAW #SB23138246MR

$2,150,000
12/22/2023

Sold

CRMLS #SB23138246

$2,150,000
11/30/2023

Sold (Public Record)

Public Record #1523852188

$2,150,000
11/20/2023

Pending

CRMLS #SB23138246

—
11/10/2023

Pending

CLAW #SB23138246MR

—
11/10/2023

Accepting Backup Offers

CLAW #SB23138246MR

—
11/10/2023

Accepting Backup Offers

CRMLS #SB23138246

—
11/10/2023

Pending

SDMLS #SB23138246

—
11/01/2023

Listed (Active)

CRMLS #SB23138246

$1,995,000
07/28/2023

Hold

CRMLS #SB23138246

—
07/26/2023

Hold

CLAW #SB23138246MR

—
07/26/2023

Listed (Active)

CLAW #SB23138246MR

$1,995,000
07/26/2023

Listed (Active)

SDMLS #SB23138246

$1,995,000
07/26/2023

Listed (Active)

CRMLS #SB23138246

$1,995,000

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

Public Records for 2107 Pullman Lane

Taxable ValueLand$1,535,100Additions$657,900Total$2,193,000
Tax Record2025$26,129 ($2,177 / month)
Home Facts
Total Finished SqFt3,515 SqFtAbove Grade Finished SqFt3,515 SqFtLot Size7,501 SqFtStyleQuadraplexYear Built1965ZoningRBR-2CountyLOS ANGELESAPN4159-002-016

Schools near 2107 Pullman 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.

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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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Lyon Stahl Investment Real Estate, Inc., Nancy Bush, DRE #00962565; Lyon Stahl Investment Real Estate, Inc., Michael McKinney, DRE #00634672

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.