NOT LISTED FOR SALE

1515 W 206th St Torrance, CA 90501

Harbor Gateway Neighborhood

Estimated Value: $1,332,000 - $2,115,381

10 Beds
8 Baths
4,657 Sq Ft
$358/Sq Ft Est. Value

Last Sold January 13, 2014

Last sale price $890,000 $191 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $10,203/month

163 Days on Market

Highlights

  • Central Heating
  • Paved or Partially Paved Lot
  • 4-minute walk to Janet Shour Playground

About This Home

As of January 2014

Who doesn't need some extra income! This four unit opportunity is- Two 3 bedroom 2 baths and Two 2 bedroom 2 baths. Close to shopping and e-z access to both the 110 and 405 Freeways. Back on Market!!

Last Agent to Sell the Property

John Stefan

Fredericks Realty License #00704657 Listed on: 07/24/2013

Last Buyer's Agent

Nancy Oak

Century 21 Beachside License #00984166

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,671

Year Built

  • Built in 1988

Lot Details

  • 7,002 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Parking

  • 8 Parking Spaces

Home Design

  • 4,657 Sq Ft Home
  • Property Attached
  • Stucco

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance, repairs
  • Tax Lot 19
  • Tax Tract Number 4983
  • Assessor Parcel Number 7351014018

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Insurance Expense $1,750
  • Trash Expense $1,821
  • Water Sewer Expense $1,483
  • New Taxes Expense $10,764
  • Gross Income $6,230
  • Net Operating Income $68,264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,671

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1483.00
  • Property Type: Residential Income
  • Parcel Number: 7351014018
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 191.11

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 1821.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 7002.00
  • Lot Size Acres: 0.1610

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance, Repairs

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 6230.00
  • Gross Scheduled Income: 74760.00
  • Insurance Expense: 1750.00
  • Lot Size Area: 7002.0000 Square Feet
  • Net Operating Income: 68264.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 6496.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10764.00
  • Tax Lot: 19
  • Tax Tract Number: 4983
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2015
Sold by
Hwang In Hyup
Bought by
Ortega Salvador C and Ortega Maria G
Current Estimated Value
$1,667,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Outstanding Balance
$513,896
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,153,949

Purchase Details

Closed on
Oct 11, 2013
Sold by
Hernandez Jennifer
Bought by
Hernandez Florante and Hernandez Bessie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 2, 2007
Sold by
Gauci Gabrielle
Bought by
Hernandez Florante and Hernandez Bessie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2002
Sold by
West Coast Equities Llc
Bought by
Gauci Gabrielle and Cox Oscar L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
5.22%

Purchase Details

Closed on
May 3, 2002
Sold by
West Coast Equities Llc
Bought by
West Coast Equities Llc and B M S & Associates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
5.22%

Purchase Details

Closed on
Mar 5, 2002
Sold by
Thayer Dale
Bought by
West Coast Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
6.99%

Purchase Details

Closed on
Jan 10, 2002
Sold by
West Coast Equities Llc
Bought by
Thayer Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
6.99%

Purchase Details

Closed on
Nov 29, 2001
Sold by
Hodge Rebekah
Bought by
West Coast Equities Llc

Purchase Details

Closed on
Oct 1, 1998
Sold by
Yamamoto Fumei
Bought by
Hodge Rebekah and Park Place Estates

Purchase Details

Closed on
Aug 21, 1997
Sold by
Yamamoto Fu Mei
Bought by
Yamamoto Fumei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
9.24%
Source: Public Records

Range of Values:

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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
Ortega Salvador C $1,170,000 Fidelity National Title Co
Hernandez Florante -- Chicago Title
Hwang In Hyup $890,000 Chicago Title Inland Empire
Hernandez Florante -- Chicago Title Inland Empire
Hernandez Florante $910,000 Fatcola
Gauci Gabrielle $438,000 First Southwestern Title Co
West Coast Equities Llc -- --
West Coast Equities Llc -- Orange Coast Title
Thayer Dale -- First Southwestern Title Co
Thayer Dale -- First Southwestern Title Co
West Coast Equities Llc -- First Southwestern Title Co
Hodge Rebekah -- --
Yamamoto Fumei -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Salvador C $670,000
Previous Owner Hernandez Florante $419,000
Previous Owner Hernandez Florante $728,000
Previous Owner Gauci Gabrielle $350,400
Previous Owner Thayer Dale $248,500
Previous Owner Yamamoto Fumei $373,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2014 01/13/14 Sold $890,000 -1.0% $191 / Sq Ft
09/21/2013 09/21/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $898,900 -- $193 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,671 $1,406,153 $564,863 $841,290
2024 $17,671 $1,378,583 $553,788 $824,795
2023 $17,333 $1,351,553 $542,930 $808,623
2022 $16,548 $1,325,053 $532,285 $792,768
2021 $16,326 $1,299,073 $521,849 $777,224
2020 $16,483 $1,285,754 $516,499 $769,255
2019 $15,846 $1,260,544 $506,372 $754,172
2018 $15,665 $1,235,829 $496,444 $739,385
2016 $14,949 $1,187,842 $477,167 $710,675
2015 $11,600 $907,782 $560,989 $346,793
2014 $11,766 $900,000 $511,900 $388,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    John Stefan

    Fredericks Realty

    Section Image

  • N

    Buyer's Agent in 2014

    Nancy Oak

    Century 21 Beachside

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13064451

California Regional Multiple Listing Service (CRMLS)

APN: 7351-014-018

California Los Angeles County Torrance 90501 Harbor Gateway

1515 W 206th St, Torrance, CA

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