NOT LISTED FOR SALE

1428 Plaza Del Amo Unit 4 Torrance, CA 90501

Harbor Gateway Neighborhood

Estimated Value: $1,426,000 - $1,739,662

9 Beds
9 Baths
3,180 Sq Ft
$475/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $915,000 $288 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $9,461/month

15 Days on Market

About This Home

As of May 2016

No Rent Control!! Great opportunity to own a 4 unit building in Torrance. Current owner occupy one unit. Owner kept the property maintained above the best. It is located in dense rental area.It close to schools, parks and UCLA Medical Center. It is also close to retail shops, restaurants and grocery stores.Property is to be sold AS-IS condition. Buyer has to verify all numbers here.

Last Agent to Sell the Property

Aekyung Lee

Onewest Properties License #01950900 Listed on: 03/02/2016

Last Buyer's Agent

RONALD KEREN

License #01000920

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,188

Year Built

  • Built in 1989

Lot Details

  • 6,196 Sq Ft Lot

Interior Spaces

  • 3,180 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7347-012-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,188

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3180
  • Stories: 1
  • Year Built: 1989
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 9.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 282.70

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 8

Utilities

  • Cooling: Gas
  • Heating: Natural Gas

Lot Info

  • Assessed Improvement Value: 378558
  • Assessed Land Value: 207023
  • Assessor Parcel Number: 7347-012-006
  • Geocode Override: No
  • Lot Size Area: 6196

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.10
  • Number Of Units: 4
  • Total Annual Expense: 17125
  • Type Of Units: Multy family
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2020
Sold by
Povolo Luis and Decruz Monica De
Bought by
Cygnum Group Inc
Current Estimated Value
$1,510,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$869,700
Outstanding Balance
$770,675
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$739,741

Purchase Details

Closed on
Dec 5, 2019
Sold by
Ju Kumsum Won and 2008 Kumsum Won Ju Trust
Bought by
Cygnum Group Inc

Purchase Details

Listed on
Mar 2, 2016
Closed on
Apr 27, 2016
Sold by
Sim Myung Soo
Bought by
Won Ju Kumsum and The 2008 Kunsum Won Ju Trust
Seller's Agent
Aekyung Lee
Onewest Properties
Buyer's Agent
RONALD KEREN
List Price
$899,000
Sold Price
$915,000
Premium/Discount to List
$16,000
1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$686,250
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2003
Sold by
Lee Ryan Keum
Bought by
Sim Myung Soo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1999
Sold by
Kim Jae Yong
Bought by
Lee Ryan Keun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
4.45%

Purchase Details

Closed on
Mar 1, 1999
Sold by
The L J Johnson Trust
Bought by
Kim Jae Yong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
3.95%

Purchase Details

Closed on
Jun 1, 1998
Sold by
Johnson Larry
Bought by
Johnson Lawrence P and Johnson Joan C
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Cygnum Group Inc -- Usa National Title Company
Povolo Luis -- Usa National Title Company
Cygnum Group Inc $1,338,000 Stewart Title
Won Ju Kumsum $915,000 Chicago Title Company
Sim Myung Soo $495,000 Stewart Title
Lee Ryan Keun $370,000 Chicago Title Co
Kim Jae Yong $288,000 North American Title Co
Johnson Lawrence P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Povolo Luis $869,700
Previous Owner Won Ju Kumsum $686,250
Previous Owner Sim Myung Soo $396,000
Previous Owner Lee Ryan Keun $333,000
Previous Owner Kim Jae Yong $259,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2016 05/02/16 Sold $915,000 +1.8% $288 / Sq Ft
03/02/2016 03/02/16 For Sale $899,000 -- $283 / Sq Ft
Source: The MLS

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 $18,188 $1,463,293 $645,248 $818,045
2024 $18,188 $1,434,602 $632,597 $802,005
2023 $17,837 $1,406,474 $620,194 $786,280
2022 $17,022 $1,378,897 $608,034 $770,863
2021 $16,804 $1,351,861 $596,112 $755,749
2020 $12,798 $990,423 $535,802 $454,621
2019 $12,305 $971,004 $525,297 $445,707
2018 $12,163 $951,966 $514,998 $436,968
2016 $7,708 $594,511 $210,180 $384,331
2015 $7,591 $585,581 $207,023 $378,558
2014 $7,623 $574,111 $202,968 $371,143
Source: Public Records

Agents Affiliated with this Home

  • Aekyung Lee

    Seller's Agent in 2016

    Aekyung Lee

    Onewest Properties

    (213) 500-8090

    12 Total Sales

    Aekyung Lee
    Section Image

  • R

    Buyer's Agent in 2016

    RONALD KEREN

See All Agents

Map

Source: The MLS

MLS Number: 16-102498

The MLS

APN: 7347-012-006

California Los Angeles County Torrance 90501 Harbor Gateway

1428 Plaza Del Amo Unit 4, Torrance, CA

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