Seller's Agent in 2019
Chuck Wallau
West Shores Realty, Inc.
(310) 200-4645
2 Total Sales
1339 W 218th St Torrance, CA 90501
Harbor Gateway NeighborhoodEstimated Value: $888,000 - $1,105,000
3
Beds
2
Baths
2,150
Sq Ft
$480/Sq Ft
Est. Value
Highlights
- Lawn
- No HOA
- Laundry Room
About This Home
As of September 2019Wonderful two 3 bedroom/2 bath units. Perfect for beginning investors or live in one and rent the other. Four 1 car garages. Both units rented on a month-to-month tenancy. Rear unit is Section 8. Long term tenants in both units. Rent controlled property. All appliances belong to the tenants.
Last Agent to Sell the Property
West Shores Realty, Inc. License #00973951 Listed on: 11/07/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,697
Year Built
- Built in 1957
Lot Details
- 9,002 Sq Ft Lot
- 1 Common Wall
- Lawn
- Front Yard
Parking
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- 2,150 Sq Ft Home
- Duplex
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Exterior Lighting
Utilities
- Phone Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, gas, telephone
- Assessor Parcel Number 7346001041
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $678
- Water Sewer Expense $1,440
- New Taxes Expense $8,000
- Operating Expense $1,990
- Gross Income $38,400
- Net Operating Income $36,240
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2018
Closed on
Aug 28, 2019
Sold by
Warkentin Michael
Bought by
Egocheaga Alex Torres and Torres Magdelena
Seller's Agent
Chuck Wallau
West Shores Realty, Inc.
Buyer's Agent
Nicholas Phillips
Compass
List Price
$675,000
Sold Price
$615,000
Premium/Discount to List
-$60,000
-8.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,911
Avg. Annual Appreciation
9.11%
Original Mortgage
$531,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 29, 2008
Sold by
Paustian Dennis
Bought by
Warkentin Michael
Purchase Details
Closed on
Mar 2, 2007
Sold by
Sandoval Joseph Matty and Sandoval Carol Lorraine
Bought by
Paustian Dennis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,885
Interest Rate
6.31%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 5, 2004
Sold by
Sandoval Joseph Matty and Sandoval Carol Lorraine
Bought by
Sandoval Joseph Matty
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.64%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Egocheaga Alex Torres | $615,000 | Usa National Title Company | |
| Warkentin Michael | -- | None Available | |
| Paustian Dennis | $615,000 | First American Title Co | |
| Sandoval Joseph Matty | -- | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Egocheaga Alex Torres | $637,500 | |
| Closed | Egocheaga Alex Torres | $531,500 | |
| Previous Owner | Warkentin Michael | $60,885 | |
| Previous Owner | Paustian Dennis | $492,000 | |
| Previous Owner | Sandoval Joseph Matty | $270,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2019 09/01/19 | Sold | $615,000 | -8.9% | $286 / Sq Ft |
| 11/07/2018 11/07/18 | For Sale | $675,000 | -- | $314 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,697 | $672,588 | $459,329 | $213,259 |
| 2024 | $8,697 | $659,401 | $450,323 | $209,078 |
| 2023 | $8,533 | $646,473 | $441,494 | $204,979 |
| 2022 | $8,152 | $633,798 | $432,838 | $200,960 |
| 2021 | $8,044 | $621,371 | $424,351 | $197,020 |
| 2020 | $8,018 | $615,000 | $420,000 | $195,000 |
| 2019 | $9,171 | $727,124 | $434,405 | $292,719 |
| 2018 | $9,014 | $712,868 | $425,888 | $286,980 |
| 2016 | $8,608 | $685,188 | $409,351 | $275,837 |
| 2015 | $8,481 | $674,897 | $403,203 | $271,694 |
| 2014 | $8,511 | $661,677 | $395,305 | $266,372 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
Nicholas Phillips
Compass
(310) 208-9366
120 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18257053
APN: 7346-001-041
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