1412 W 220th St Unit A Torrance, CA 90501
Harbor Gateway NeighborhoodEstimated Value: $941,000 - $1,058,318
5
Beds
3
Baths
2,000
Sq Ft
$503/Sq Ft
Est. Value
Highlights
- No Units Above
- No HOA
- Laundry Room
- Contemporary Architecture
- Living Room
- Tile Flooring
About This Home
As of August 2020Clean duplex in nice area of Torrance.Units are well kept by a caring landlord. Units consist of a three bedroom, two bath with a two car garage in the front. This unit has a very large rear yard with a patio and then has a 37x40 foot rear area. If the zoning could be arranged perhaps there is enough room to add a third unit. To the rear is a nice two bedroom with a full bath. This unit does not have a garage but does have a nice rear yard. Both bedrooms are nice size and the kitchen does have a large eating area. The bathroom has been reconditioned within the last 2-3 years and is in great shape.
This area is improving greatly with a tract of new homes being built within one block of these units. There is a large hospital with one mile of the units on Carson St.
Last Agent to Sell the Property
Wethergage Management Inc License #00494304 Listed on: 06/30/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,503
Year Built
- Built in 1962
Lot Details
- 7,204 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Wood Fence
- Block Wall Fence
- Fence is in average condition
- Back and Front Yard
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Front Facing Garage
- Driveway
- On-Street Parking
Home Design
- Duplex
- Contemporary Architecture
- Slab Foundation
- Shingle Roof
- Partial Copper Plumbing
Interior Spaces
- 2,000 Sq Ft Home
- 1-Story Property
- Blinds
- Living Room
Kitchen
- Gas Oven
- Gas Cooktop
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Laundry in Kitchen
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Termite Clearance
Outdoor Features
- Exterior Lighting
Utilities
- Central Heating
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities, electricity, gas, trash collection, water
- Legal Lot and Block 10 / 7
- Tax Tract Number 3308
- Assessor Parcel Number 7346013022
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $600
- Insurance Expense $1,300
- Maintenance Expense $1,170
- Pest Control $300
- Professional Management Expense $2,460
- New Taxes Expense $8,900
- Operating Expense $14,775
- Gross Income $41,100
- Net Operating Income $35,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 30, 2020
Closed on
Aug 12, 2020
Sold by
Schwartz Richard and Neyaa N Soafer Trust
Bought by
Garver Marla V
Seller's Agent
Steve Wetherbee
Wethergage Management Inc
Buyer's Agent
Joanna Farmer
Keller Williams South Bay
List Price
$745,000
Sold Price
$700,000
Premium/Discount to List
-$45,000
-6.04%
Total Days on Market
27
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
$305,080
Avg. Annual Appreciation
7.42%
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garver Marla V | $700,000 | Wfg National Title Company |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2020 08/14/20 | Sold | $700,000 | -6.0% | $350 / Sq Ft |
| 07/27/2020 07/27/20 | Pending | -- | -- | -- |
| 06/30/2020 06/30/20 | For Sale | $745,000 | -- | $373 / 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 |
|---|---|---|---|---|
| 2024 | $9,503 | $742,845 | $530,604 | $212,241 |
| 2023 | $9,321 | $728,280 | $520,200 | $208,080 |
| 2022 | $8,897 | $714,000 | $510,000 | $204,000 |
| 2021 | $8,781 | $700,000 | $500,000 | $200,000 |
| 2020 | $1,576 | $85,349 | $45,925 | $39,424 |
| 2019 | $1,529 | $83,676 | $45,025 | $38,651 |
| 2018 | $1,433 | $82,037 | $44,143 | $37,894 |
| 2016 | $1,349 | $78,853 | $42,430 | $36,423 |
| 2015 | $1,329 | $77,669 | $41,793 | $35,876 |
| 2014 | $1,341 | $76,149 | $40,975 | $35,174 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Wetherbee
Seller's Agent in 2020
Steve Wetherbee
Wethergage Management Inc
(949) 380-1323
1 in this area
29 Total Sales
-
Joanna Farmer
Buyer's Agent in 2020
Joanna Farmer
Keller Williams South Bay
(310) 938-2972
2 in this area
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20127551
APN: 7346-013-022
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