G
Seller's Agent in 2023
Grace Lee
Home Team Realty
(310) 373-7222
1 in this area
2 Total Sales
1518 W 206th St Torrance, CA 90501
Harbor Gateway NeighborhoodEstimated Value: $1,713,000 - $1,937,186
11
Beds
8
Baths
4,937
Sq Ft
$368/Sq Ft
Est. Value
Highlights
- Granite Countertops
- Laundry Room
- Wrought Iron Fence
- Crown Molding
- Tile Flooring
- 4-minute walk to Janet Shour Playground
About This Home
As of September 2023The exterior walls and interior of the apartment building were freshly painted, and the remote-controlled wrought iron gates were replaced on 5/2023. 8 years ago, each unit was upgraded with granite countertops, appliances, lighting, tiles, laminate floors, carpeting, bathroom sliding glass doors, vanity, sink, faucets, mirrored closets in each room. The unit with tile roof that looks like a house on the front of the 1st floor has 3 beds/2baths, laminate & carpet floors, luxurious well-type ceiling, front lawn, wrought iron fence, palm trees, mini garden. The rear unit has 2 beds/2baths, carpet floor, stylish well-type ceiling. The upper units feature 3 beds/2baths, carpet floors and well-type ceilings on both the front and rear units. On the east side of the building, there is an entrance door, stairs and a coin laundry room on the side. At the rear of the building, there are ample parking spaces for 2 cars for each unit.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,909
Year Built
- Built in 1992
Lot Details
- 7,004 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- Sprinkler System
Parking
- 8 Car Garage
Home Design
- Quadruplex
- Tile Roof
Interior Spaces
- 4,937 Sq Ft Home
- 4-Story Property
- Crown Molding
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 12 / 50
- Tax Tract Number 4983
- Assessor Parcel Number 7351013012
- $1,126 per year additional tax assessments
Community Details
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,100
- Fuel Expense $2,500
- Gardener Expense $720
- Insurance Expense $2,800
- Maintenance Expense $1,800
- Trash Expense $4,800
- Water Sewer Expense $2,100
- New Taxes Expense $21,250
- Operating Expense $38,070
- Gross Income $88,800
- Net Operating Income $50,730
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2023
Closed on
Aug 7, 2023
Sold by
Young Kim Rae and Ye Pong
Bought by
Basa Tiffany
Seller's Agent
Grace Lee
Home Team Realty
Buyer's Agent
Nahed Benyamein
Allstars Realty
List Price
$1,700,000
Sold Price
$1,730,000
Premium/Discount to List
$30,000
1.76%
Views
95
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,547
Avg. Annual Appreciation
3.55%
Original Mortgage
$1,297,500
Outstanding Balance
$1,270,457
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$582,608
Purchase Details
Listed on
Sep 5, 2013
Closed on
Oct 16, 2013
Sold by
Swette Glen
Bought by
Kim Rae Young and Kim Pong Ye
Seller's Agent
Raechelle Lord
Coldwell Banker Realty
Buyer's Agent
Grace Lee
Home Team Realty
List Price
$848,000
Sold Price
$852,000
Premium/Discount to List
$4,000
0.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$511,200
Interest Rate
4.53%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 29, 2013
Sold by
Cullen Mark E and Cullen Mary Ann H
Bought by
Swette Glen and The Swette Living Trust
Purchase Details
Closed on
Nov 16, 2012
Sold by
206Th Street Llc
Bought by
Cullen Mark E and Cullen Mary Ann H
Purchase Details
Closed on
Dec 20, 2007
Sold by
206Th Street Partnership
Bought by
206Th Street Llc
Purchase Details
Closed on
Jan 22, 1996
Sold by
Cullen Mark E and Cullen Mary Ann
Bought by
206Th Street Partnership
Purchase Details
Closed on
May 15, 1995
Sold by
Imperial Thrift & Loan Assn
Bought by
Cullen Mark E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.37%
Purchase Details
Closed on
Mar 25, 1994
Sold by
Lake America Corp
Bought by
Imperial Thrift & Loan Assn
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 |
|---|---|---|---|
| Basa Tiffany | $1,730,000 | California Best Title | |
| Kim Rae Young | $852,000 | Fatcola | |
| Swette Glen | $189,000 | Fatcola | |
| Cullen Mark E | -- | None Available | |
| 206Th Street Llc | -- | None Available | |
| 206Th Street Partnership | -- | -- | |
| Cullen Mark E | $260,000 | Southern California Title Co | |
| Imperial Thrift & Loan Assn | $300,000 | Southern California Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Basa Tiffany | $1,297,500 | |
| Previous Owner | Kim Rae Young | $502,000 | |
| Previous Owner | Kim Rae Young | $511,200 | |
| Previous Owner | Cullen Mark E | $204,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2023 09/11/23 | Sold | $1,730,000 | +1.8% | $350 / Sq Ft |
| 08/04/2023 08/04/23 | Pending | -- | -- | -- |
| 07/13/2023 07/13/23 | For Sale | $1,700,000 | 0.0% | $344 / Sq Ft |
| 06/19/2023 06/19/23 | Pending | -- | -- | -- |
| 06/09/2023 06/09/23 | For Sale | $1,700,000 | +99.5% | $344 / Sq Ft |
| 10/25/2013 10/25/13 | Sold | $852,000 | +0.5% | $173 / Sq Ft |
| 09/17/2013 09/17/13 | Pending | -- | -- | -- |
| 09/05/2013 09/05/13 | For Sale | $848,000 | -- | $172 / 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 | $21,909 | $1,764,600 | $1,224,000 | $540,600 |
| 2024 | $21,909 | $1,730,000 | $1,200,000 | $530,000 |
| 2023 | $13,185 | $1,003,871 | $414,743 | $589,128 |
| 2022 | $12,597 | $984,188 | $406,611 | $577,577 |
| 2021 | $12,418 | $964,891 | $398,639 | $566,252 |
| 2019 | $12,057 | $936,273 | $386,816 | $549,457 |
| 2018 | $11,879 | $917,916 | $379,232 | $538,684 |
| 2016 | $11,330 | $883,267 | $365,490 | $517,777 |
| 2015 | $11,150 | $869,022 | $359,032 | $509,990 |
| 2014 | $11,193 | $852,000 | $352,000 | $500,000 |
Source: Public Records
Agents Affiliated with this Home
-
Grace Lee
-
Nahed Benyamein
Buyer's Agent in 2023
Nahed Benyamein
Allstars Realty
(562) 755-0084
2 in this area
321 Total Sales
-
Raechelle Lord
Seller's Agent in 2013
Raechelle Lord
Coldwell Banker Realty
(310) 947-1667
1 in this area
40 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23102296
APN: 7351-013-012
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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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