Seller's Agent in 2022
Elizabeth Do
Keller Williams Realty
(714) 317-7243
1 in this area
681 Total Sales
1141 Jay St Torrance, CA 90502
West Carson NeighborhoodEstimated Value: $772,000 - $978,984
4
Beds
2
Baths
1,524
Sq Ft
$565/Sq Ft
Est. Value
About This Home
As of October 2022Great investment opportunity for someone looking to generate passive income! Torrance Duplex boasting two detached units. Consisting of a 2 bed/1 bath layout and separated by a nice block wall, the units have their own yards giving tenants privacy and their own exterior space. Each unit has its own gas (2 total) and electric meter (2 total). Fresh paint paint, new carpet, and lighting can be found in all units. The front unit presents a private front/back yard, new kitchen cabinets, a 1 car garage complete with washer and electric dryer hookups. A roomy driveway, large front yard, and bonus area equipped with washer and electric dryer hookups are showcased in the back unit. Because the owner is only responsible for water, home insurance, and standard maintenance, the cash flow potential is very promising with market rent rates showing $2,500-$2,800/month earning potential. With some TLC, these units can definitely be leased at market rent! Conveniently located near the 110 FWY, UCLA Medical Center, The Links at Victoria Golf Course, Los Angeles Harbor College, and Ken Malloy Harbor Regional Park.
Last Agent to Sell the Property
Keller Williams Realty License #01473012 Listed on: 09/21/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 6,800 Sq Ft Lot
- No Common Walls
- Back and Front Yard
Parking
- 1 Car Garage
Home Design
- 1,524 Sq Ft Home
- Duplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Washer and Electric Dryer Hookup
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 23
- Tax Tract Number 3239
- Assessor Parcel Number 7344009021
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Water Sewer Expense $1,392
- Operating Expense $1,392
- Net Operating Income $44,208
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 20, 2012
Sold by
Quong Peter L and Quong Jean C
Bought by
Quong Peter L and Quong Jean C
Current Estimated Value
Purchase Details
Closed on
Aug 24, 1994
Sold by
Quong Peter L and Quong Jean C
Bought by
Quong Peter L and Quong Jean C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Quong Peter L | -- | None Available | |
| Quong Peter L | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2022 10/31/22 | Sold | $750,000 | -1.3% | $492 / Sq Ft |
| 10/22/2022 10/22/22 | Pending | -- | -- | -- |
| 10/19/2022 10/19/22 | For Sale | $760,000 | 0.0% | $499 / Sq Ft |
| 10/01/2022 10/01/22 | Pending | -- | -- | -- |
| 09/21/2022 09/21/22 | For Sale | $760,000 | -- | $499 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| 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 | $10,125 | $780,300 | $676,260 | $104,040 |
| 2024 | $10,125 | $765,000 | $663,000 | $102,000 |
| 2023 | $9,776 | $750,000 | $650,000 | $100,000 |
| 2022 | $2,812 | $181,377 | $104,352 | $77,025 |
| 2021 | $2,780 | $177,821 | $102,306 | $75,515 |
| 2020 | $2,795 | $175,998 | $101,257 | $74,741 |
| 2019 | $2,698 | $172,548 | $99,272 | $73,276 |
| 2018 | $2,608 | $169,166 | $97,326 | $71,840 |
| 2016 | $2,480 | $162,599 | $93,548 | $69,051 |
| 2015 | $2,435 | $160,157 | $92,143 | $68,014 |
| 2014 | $2,437 | $157,021 | $90,339 | $66,682 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Do
-
Austin Zahn
Buyer's Agent in 2022
Austin Zahn
Lyon Stahl Investment Real Estate, Inc.
(310) 613-1251
1 in this area
58 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22205448
APN: 7344-009-021
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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