NOT LISTED FOR SALE

1444 W 224th St Torrance, CA 90501

Harbor Gateway Neighborhood
2 Beds
1 Bath
4,200 Sq Ft
1958 Built

Last Sold July 24, 2018

Last sale price $910,000 $217 Per Sq Ft

105 Days on Market

Highlights

  • Cathedral Ceiling
  • Laundry Room
  • Fenced
  • No HOA
  • Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of July 2018

5 UNITS WITH LOTS OF PARKING

SOLD TOGETHER WITH 1440 W. 224th STREET ONLY, TOTAL 10 UNITS $2M

NEEDS APPROXIMATELY $45,000 IN SOFT RETROFIT WORK

Last Agent to Sell the Property

Mark Straus

AAA Realty Services License #00880885 Listed on: 03/07/2018

Last Buyer's Agent

mohan gunard

Countrywide Realty License #01450384

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 9,000 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Fence is in average condition
  • Density is 26-30 Units/Acre

Home Design

  • Property Attached
  • Asbestos Shingle Roof
  • Partial Copper Plumbing

Interior Spaces

  • 4,200 Sq Ft Home
  • Cathedral Ceiling
  • Laundry Room

Kitchen

  • Gas Range
  • Free-Standing Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Open Parking Spaces
  • 12 Parking Spaces
  • 8 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 3371
  • Assessor Parcel Number 7347005003

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Fuel Expense $400
  • Insurance Expense $1,100
  • Trash Expense $6,000
  • Water Sewer Expense $3,000
  • New Taxes Expense $12,000
  • Operating Expense $23,100
  • Gross Income $1,200
  • Net Operating Income $56,616

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 7347005003
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Copper Plumbing Partial
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Price Per Square Foot: 216.67

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Asbestos Shingle

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Range
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 6000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 26-30 Units/Acre
  • Lot Size Sq Ft: 9000.00

Multi Family

  • Average2 Bed Area: 850 Square Feet
  • Electric Expense: 600.00
  • Fuel Expense: 400.00
  • Gross Income: 1200.00
  • Gross Operating Income: 62616.00
  • Gross Scheduled Income: 62616.00
  • Insurance Expense: 1100.00
  • Laundry Income: 1200.00
  • Net Operating Income: 56616.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 6000.00
  • Rent Control: Yes
  • Total Expenses: 23100.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Lot: 3
  • Tax Tract Number: 3371

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
07/24/2018 07/24/18 Sold $910,000 -1.1% $217 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
05/19/2018 05/19/18 Price Changed $920,000 -3.2% $219 / Sq Ft
04/13/2018 04/13/18 Price Changed $950,000 -2.6% $226 / Sq Ft
03/29/2018 03/29/18 Price Changed $975,000 -2.5% $232 / Sq Ft
03/07/2018 03/07/18 For Sale $1,000,000 -- $238 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mark Straus

    AAA Realty Services

    (562) 421-5363

    Mark Straus
    Section Image

  • m

    Buyer's Agent in 2018

    mohan gunard

    Countrywide Realty

    (818) 522-6065

    4 Total Sales

    mohan gunard
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18055473

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

1444 W 224th 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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