NOT LISTED FOR SALE
8 Beds
6 Baths
3,850 Sq Ft
7,203 Sq Ft Lot

Sale Details

Date 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 Homes and Investments 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 in unit

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

7,203 Sq Ft Lot

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,370 $1,315,897 $774,681 $541,216
2024 $17,154 $1,290,096 $759,492 $530,604
2023 $16,832 $1,264,800 $744,600 $520,200
2022 $16,091 $1,240,000 $730,000 $510,000
2021 $15,191 $1,156,862 $651,682 $505,180
2020 $11,409 $818,154 $324,729 $493,425
2019 $10,996 $802,131 $318,362 $483,769
2018 $10,814 $786,422 $312,120 $474,302
2016 $10,282 $755,000 $300,000 $455,000
2015 $8,288 $589,149 $358,613 $230,536
2014 $8,331 $577,610 $351,589 $226,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21099341

California Regional Multiple Listing Service (CRMLS)
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