NOT LISTED FOR SALE

Estimated Value: $1,452,952

4 Beds
3 Baths
2,035 Sq Ft
$714/Sq Ft Est. Value

Sale Details

Date Sold: February 2, 2024

Last sale price $1,457,500 $716 Per Sq Ft

Current estimated payment $9,412 / mo

14 Days on Market

Highlights

  • Lawn
  • Landscaped
  • 1-Story Property
  • Ductless Heating Or Cooling System

About This Home

As of February 2024

Two houses on a lot with no common walls in beautiful Torrance Gardens! Both single story homes are tenant occupied and have remodeled kitchens with stainless steel appliances, stone countertops and in unit laundry areas. The 3 bed 2 bath front house has a spacious kitchen with island, home office nook and newly constructed primary en suite bath. The 1 bed 1 bath back house (ADU) is a comfortable 721 sqft with a mini split HVAC system and was fully permitted by the City of Torrance. Outdoor patio areas for both units which are separated by a vinyl fence for privacy. 3 parking spaces which can accommodate RV or boat parking. This property is in great shape and is conveniently located on a beautiful tree lined street in central Torrance. Just minutes from shopping, restaurants, malls, hospitals and HIGHLY RATED SCHOOLS!!

Last Agent to Sell the Property

Gregory Roberts

Coldwell Banker Realty License #01376549 Listed on: 01/04/2024

Coldwell Banker Realty

Last Buyer's Agent

John (Fitz) Dietz

Vista Sotheby’s International Realty License #02015144

Vista Sotheby’s International Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 4,867 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Lawn

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,035 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Ductless Heating Or Cooling System

Listing and Financial Details

  • Tax Lot 134
  • Tax Tract Number 16700
  • Assessor Parcel Number 7353010030

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $18,750
  • Operating Expense $22,050
  • Gross Income $83,400
  • Net Operating Income $61,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

4,867 Sq Ft Lot

Listing Details

  • CapRate: 4.00
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: TORR-LO
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 7353010030
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 716.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn
  • Lot Size Sq Ft: 4867.00
  • Lot Size Acres: 0.1117

Multi Family

  • Average1 Bed Area: 721 Square Feet
  • Average3 Bed Area: 1314 Square Feet
  • Gross Income: 83400.00
  • Gross Multiplier: 18.00
  • Gross Scheduled Income: 83400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4867.0000 Square Feet
  • Net Operating Income: 61350.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 22050.00
  • Operating Expense Percent: 26.00
  • Rent Control: No
  • Total Expenses: 22050.00

Tax Info

  • New Taxes Expense: 18750.00
  • Tax Census Tract: 6504.01
  • Tax Lot: 134
  • Tax Tract Number: 16700

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Jan 25, 2024
Sold by
Bought by
Seller's Agent
Gregory Roberts
Coldwell Banker Realty
Buyer's Agent
John (Fitz) Dietz
Vista Sotheby’s International Realty
List Price
$1,500,000
Sold Price
$1,457,500
Premium/Discount to List
-$42,500
-2.83%
Views
32
Current Estimated Value
$1,452,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,548
Avg. Annual Appreciation
-0.12%

Purchase Details

Listed on
Jan 4, 2024
Closed on
Jan 22, 2024
Sold by
Bought by
Seller's Agent
Gregory Roberts
Coldwell Banker Realty
Buyer's Agent
John (Fitz) Dietz
Vista Sotheby’s International Realty
List Price
$1,500,000
Sold Price
$1,457,500
Premium/Discount to List
-$42,500
-2.83%
Views
32

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jun 22, 2022
Sold by
Bought by
Seller's Agent
Ray Millman
Compass
Buyer's Agent
Gregory Roberts
Coldwell Banker Realty
List Price
$1,125,000
Sold Price
$1,163,000
Premium/Discount to List
$38,000
3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.79%
Original Mortgage
$988,550
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.62%

Purchase Details

Closed on
Jun 7, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
$1,457,500 First American Title
$1,163,000 Fidelity National Title
$425,000 Chicago Title Co
$262,500 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $988,550
Previous Owner $500,000
Previous Owner $493,500
Previous Owner $387,800
Previous Owner $340,000
Previous Owner $60,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2024 02/02/24 Sold $1,457,500 -2.8% $716 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $1,500,000 0.0% $737 / Sq Ft
11/13/2023 11/13/23 Rented $4,200 0.0% --
11/02/2023 11/02/23 For Rent $4,200 0.0% --
07/19/2022 07/19/22 Sold $1,163,000 +3.4% $827 / Sq Ft View Prior Sale
06/10/2022 06/10/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $1,125,000 -- $800 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,921 $1,486,140 $1,071,000 $415,140
2024 $13,552 $1,186,260 $892,500 $293,760
2023 $13,298 $1,163,000 $875,000 $288,000
2022 $6,785 $580,017 $464,020 $115,997
2021 $6,661 $568,645 $454,922 $113,723
2019 $6,467 $551,780 $441,430 $110,350
2018 $6,252 $540,962 $432,775 $108,187
2016 $5,975 $519,958 $415,971 $103,987
2015 $5,844 $512,149 $409,723 $102,426
2014 $5,692 $502,118 $401,698 $100,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24002214

California Regional Multiple Listing Service (CRMLS)

APN: 7353-010-030

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