NOT LISTED FOR SALE

1435 W 227th St Torrance, CA 90501

Harbor Gateway Neighborhood
8 Beds
6 Baths
3,850 Sq Ft
7,203 Sq Ft Lot

Last Sold October 25, 2021

Last sale price $1,240,000 $322 Per Sq Ft

77 Days on Market

About This Home

As of October 2021

Centrally locate 6plex w/Torrance Post Office address in City of Los Angeles, Short drive to beaches of Redondo Beach and Manhattan Beach. Close proximity to 405, 110 and 105 freeways with quick access to both Downtown Los Angeles and Long Beach. Walking distance to Normandie Park Recreation Center. Four large 1 BR–1 BA and two large 2 BR–1 BA. There is parking for 8 cars, including the 3 single car garages. (2) one bedroom units have been remodeled in the last year with new flooring, countertops, fixtures and paint.

Last Agent to Sell the Property

Vic Domines

Bayside Properties License #00701678 Listed on: 05/10/2021

Last Buyer's Agent

Larry Nease

Terra Conejo Properties Inc. License #00781554

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,203 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,850 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 461
  • Tax Tract Number 4529
  • Assessor Parcel Number 7347012031

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Fuel Expense $400
  • Insurance Expense $2,900
  • Professional Management Expense $3,850
  • Trash Expense $3,884
  • Water Sewer Expense $2,050
  • New Taxes Expense $19,575
  • Operating Expense $32,959
  • Gross Income $92,328
  • Net Operating Income $59,369

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

4

Listing Details

  • Professional Management Expense: 3850.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2050.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7347012031
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 322.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 3884.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7203.00
  • Lot Size Acres: 0.1654

Multi Family

  • Electric Expense: 300.00
  • Fuel Expense: 400.00
  • Gross Income: 92328.00
  • Gross Scheduled Income: 92328.00
  • Insurance Expense: 2900.00
  • Lot Size Area: 7203.0000 Square Feet
  • Net Operating Income: 59369.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 32959.00
  • Rent Control: Yes
  • Total Expenses: 32959.00

Tax Info

  • New Taxes Expense: 19575.00
  • Tax Census Tract: 2932.02
  • Tax Lot: 461
  • Tax Tract Number: 4529

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 Prior Sale
10/25/2021 10/25/21 Sold $1,240,000 -3.9% $322 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/02/2021 07/02/21 Price Changed $1,290,000 -7.2% $335 / Sq Ft
06/18/2021 06/18/21 For Sale $1,390,000 0.0% $361 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
05/28/2021 05/28/21 Price Changed $1,390,000 -4.1% $361 / Sq Ft
05/10/2021 05/10/21 For Sale $1,450,000 +26.6% $377 / Sq Ft
01/03/2020 01/03/20 Sold $1,145,000 0.0% $297 / Sq Ft View Prior Sale
12/20/2019 12/20/19 Pending -- -- --
06/26/2019 06/26/19 Price Changed $1,145,000 -2.1% $297 / Sq Ft
03/26/2019 03/26/19 Price Changed $1,170,000 -2.5% $304 / Sq Ft
12/19/2018 12/19/18 Price Changed $1,200,000 -4.8% $312 / Sq Ft
08/31/2018 08/31/18 Price Changed $1,260,000 +900.0% $327 / Sq Ft
08/30/2018 08/30/18 For Sale $126,000 -78.1% $33 / Sq Ft
05/01/2013 05/01/13 Sold $575,000 -3.4% $149 / Sq Ft View Prior Sale
03/08/2013 03/08/13 Pending -- -- --
11/08/2012 11/08/12 For Sale $595,000 -- $155 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Vic Domines

    Seller's Agent in 2021

    Vic Domines

    Bayside Properties

    (714) 803-2432

    1 in this area

    12 Total Sales

    Vic Domines
    Section Image
  • Larry Nease

    Buyer's Agent in 2021

    Larry Nease

    Terra Conejo Properties Inc.

    (805) 218-8944

    2 in this area

    21 Total Sales

    Larry Nease
    Section Image
  • Nadia Egorova

    Seller's Agent in 2020

    Nadia Egorova

    Hope Milano Realty, Inc.

    (310) 944-5789

    3 Total Sales

    Nadia Egorova
    Section Image
  • Marc Faerber

    Seller's Agent in 2013

    Marc Faerber

    West Shores Realty, Inc.

    (310) 710-8623

    3 Total Sales

    Marc Faerber
    Section Image

  • B

    Buyer Co-Listing Agent in 2013

    BIN ZHOU

    IRN REALTY

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21099341

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

1435 W 227th St, Torrance, CA

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California Regional Multiple Listing Service (CRMLS) 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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