NOT LISTED FOR SALE

1425 W 225th St Torrance, CA 90501

Harbor Gateway Neighborhood
12 Beds
6 Baths
6,660 Sq Ft
9,002 Sq Ft Lot

Last Sold January 30, 2020

Last sale price $1,850,000 $278 Per Sq Ft

123 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Rectangular Lot
  • Park

About This Home

As of January 2020

Located in Torrance Po City of Los Angeles, this property is nine 2 bedroom 1 bath units with off street parking. Tenants enjoy a central South Bay location allowing them quick access to Downtown Los Angeles and Downtown Long Beach along with a short drive to Redondo Beach and Manahattan Beach. This location is in close proximity to major freeways 405, 110 and 105 freeways and are all easily accessible from this location. In a short walking distance tenants can also enjoy the Normandie Park Recreation center which is located just off of 225th Street.

Last Agent to Sell the Property

Nadia Egorova

Hope Milano Realty, Inc. License #01935303 Listed on: 06/25/2019

Last Buyer's Agent

Nadia Egorova

Hope Milano Realty, Inc. License #01935303 Listed on: 06/25/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 9,002 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Home Design

  • 6,660 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room

Parking

  • 1 Open Parking Space
  • 10 Parking Spaces
  • 9 Carport Spaces

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 293202
  • Assessor Parcel Number 7347005014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 9 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 9 Leased Units
  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Fuel Expense $450
  • Insurance Expense $2,500
  • Other Expense $2,250
  • Professional Management Expense $2,250
  • Trash Expense $2,400
  • Water Sewer Expense $4,500
  • New Taxes Expense $25,285
  • Operating Expense $40,135
  • Gross Income $130,104
  • Net Operating Income $88,417

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Professional Management Expense: 2250.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4500.00
  • Property Type: Residential Income
  • Parcel Number: 7347005014
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 277.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 9.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 9002.00
  • Lot Size Acres: 0.2067

Multi Family

  • Electric Expense: 500.00
  • Fuel Expense: 450.00
  • Gross Income: 130104.00
  • Gross Scheduled Income: 130104.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 9002.0000 Square Feet
  • Net Operating Income: 88417.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Operating Expense: 40135.00
  • Other Expense: 2250.00
  • Other Expense Description: Repairs
  • Rent Control: Yes
  • Total Actual Rent: 10842.00
  • Total Expenses: 40135.00

Tax Info

  • New Taxes Expense: 25285.00
  • Tax Lot: 10
  • Tax Tract Number: 293202

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2020 01/30/20 Sold $1,850,000 -5.1% $278 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
06/26/2019 06/26/19 Price Changed $1,950,000 -1.3% $293 / Sq Ft
06/25/2019 06/25/19 For Sale $1,975,000 -- $297 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nadia Egorova

    Seller's Agent in 2020

    Nadia Egorova

    Hope Milano Realty, Inc.

    (310) 944-5789

    3 Total Sales

    Nadia Egorova
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19150956

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Torrance 90501 Harbor Gateway

1425 W 225th St, Torrance, CA

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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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