$580,000
SOLD JAN 17, 2014
4 Beds
4 Baths
2,250 Sq Ft
0.32 Acres

Recently Sold

$258 Per Sq Ft

1% Above List Price

11 Days on Market

About This Home

As of January 2014

This beautiful 4-unit apartment building is perfect for an owner-user or investor alike! The building is on a 13,975 sq. ft. corner lot located in a great part of Torrance PO across from the Harbor UCLA Medical Center. Each unit is single story with 1-bedroom and 1-bathroom including rear access from each unit to a small back patio. Each unit also includes a single car garage with an additional parking space in the driveway. The interiors of each unit have recently been repainted and the windows have been replaced with double insulated glass. The property is separately metered for gas and electric and each unit has an individual hot water heater. This investment property will not last long!

Last Agent to Sell the Property

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 12/12/2013

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

John Davidson

Millennium Realty License #00475319

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,520

Year Built

  • Built in 1943

Lot Details

  • 0.32 Acre Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,250 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 3308
  • Assessor Parcel Number 7346006030

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,458
  • Net Operating Income $24,618

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,520

Year Built

Built in 1943

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7346006030
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 257.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 13975.00
  • Lot Size Acres: 0.3210

Multi Family

  • Gross Income: 3458.00
  • Gross Scheduled Income: 41496.00
  • Lot Size Area: 13975.0000 Square Feet
  • Net Operating Income: 24618.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 15633.00
  • Operating Expense Percent: 38.00
  • Rent Control: Yes
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 3308
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2023
Sold by
Shina Samuel and Shina Beatrice E
Bought by
Samuel Shina And Beatrice E Shina 2007 Living and Shina

Purchase Details

Closed on
Jun 22, 2021
Sold by
Shina Samuel and Shina Beatrice E
Bought by
Shina Samuel and Shina Beatrice E

Purchase Details

Closed on
Jun 18, 2021
Sold by
Shina Samuel and Shina Beatrice
Bought by
Shina Samuel and Shina Beatrice E

Purchase Details

Listed on
Dec 12, 2013
Closed on
Jan 2, 2014
Sold by
Ponce Ruben
Bought by
Shina Samuel and Shina Beatrice
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
John Davidson
Millennium Realty
List Price
$575,000
Sold Price
$580,000
Premium/Discount to List
$5,000
0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%

Purchase Details

Closed on
Jun 25, 2009
Sold by
Inouye Yoko and Yoko Inouye 2006 Trust
Bought by
Ponce Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,298
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 2006
Sold by
Inouye Yoko
Bought by
Inouye Yoko and Yoko Inouye 2006 Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- Western Resources Title
Interfamily Deed Transfer -- Western Resources Title
Grant Deed $580,000 Progressive
Grant Deed $370,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $397,600 New Conventional
Previous Owner $367,000 New Conventional
Previous Owner $363,298 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Pending -- -- --
07/25/2025 07/25/25 For Sale $1,100,000 +89.7% $489 / Sq Ft
01/17/2014 01/17/14 Sold $580,000 +0.9% $258 / Sq Ft
12/23/2013 12/23/13 Pending -- -- --
12/12/2013 12/12/13 For Sale $575,000 -- $256 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $9,520 $710,988 $496,468 $214,520
2024 $9,520 $697,048 $486,734 $210,314
2023 $9,344 $683,382 $477,191 $206,191
2022 $8,940 $669,984 $467,835 $202,149
2021 $8,824 $656,848 $458,662 $198,186
2020 $8,903 $650,113 $453,959 $196,154
2019 $8,576 $637,366 $445,058 $192,308
2018 $8,404 $624,870 $436,332 $188,538
2016 $8,032 $600,608 $419,390 $181,218
2015 $7,914 $591,587 $413,091 $178,496
2014 $5,632 $389,603 $236,921 $152,682
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13246548

California Regional Multiple Listing Service (CRMLS)

APN: 7346-006-030