Seller's Agent in 2020
Sung Lee
Keller Williams Palos Verdes
(310) 738-0506
1 in this area
27 Total Sales
1428 Plaza Del Amo Torrance, CA 90501
Harbor Gateway NeighborhoodEstimated Value: $1,426,000 - $1,739,662
12
Beds
9
Baths
3,180
Sq Ft
$475/Sq Ft
Est. Value
Highlights
- Gated Community
- Laundry Room
- Central Heating
- Neighborhood Views
About This Home
As of January 2020Great opportunity to own 4 units building in Torrance. Built in 1989 with the best in materials. All units fully tenant occupied. One of the units are 3 bedrooms and 2.5 baths while the other three units are 3 bedrooms and 2 full baths. Each unit has: Washer & Dryer hookups, Dishwashers, and 2 secured parking spaces, laminate flooring throughout. The complex is gated. FULLY RENTED. 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. All information provided is deemed reliable, but is not guaranteed and should be independently verified.
Last Agent to Sell the Property
Keller Williams Palos Verdes License #01938119 Listed on: 11/26/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,188
Year Built
- Built in 1989 | Remodeled
Lot Details
- 6,196 Sq Ft Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
Home Design
- Quadruplex
- Slab Foundation
Interior Spaces
- 3,180 Sq Ft Home
- 2-Story Property
- Laminate Flooring
- Neighborhood Views
Bedrooms and Bathrooms
- 12 Bedrooms
- 9 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- Carport
- Parking Available
Additional Features
- Suburban Location
- Central Heating
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 435
- Tax Tract Number 4529
- Assessor Parcel Number 7347012006
Community Details
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,268
- Trash Expense $2,568
- Water Sewer Expense $6,360
- New Taxes Expense $12,162
- Operating Expense $22,358
- Net Operating Income $82,042
Additional Features
- 4 Units
- Gated Community
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
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
Listed on
Nov 26, 2019
Closed on
Dec 5, 2019
Sold by
Ju Kumsum Won and 2008 Kumsum Won Ju Trust
Bought by
Cygnum Group Inc
Seller's Agent
Sung Lee
Keller Williams Palos Verdes
Buyer's Agent
Elena Moric
The Realestate Group
List Price
$1,425,000
Sold Price
$1,338,000
Premium/Discount to List
-$87,000
-6.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%
Purchase Details
Closed on
Apr 27, 2016
Sold by
Sim Myung Soo
Bought by
Won Ju Kumsum and The 2008 Kunsum Won Ju Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
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
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 |
|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 01/24/2020 01/24/20 | Sold | $1,338,000 | -6.1% | $421 / Sq Ft |
| 12/03/2019 12/03/19 | Pending | -- | -- | -- |
| 11/26/2019 11/26/19 | For Sale | $1,425,000 | -- | $448 / 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 | $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
-
Sung Lee
-
Elena Moric
E
Buyer's Agent in 2020
Elena Moric
The Realestate Group
(310) 376-2225
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19271840
APN: 7347-012-006
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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