NOT LISTED FOR SALE

Estimated Value: $1,580,000 - $1,834,079

2 Beds
2 Baths
4,926 Sq Ft
$351/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $1,400,000 $284 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $11,495/month

Highlights

  • Laundry Room
  • 1-Story Property
  • 3-minute walk to Janet Shour Playground

About This Home

As of June 2020

Torrance 4 unit

Last Agent to Sell the Property

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 06/12/2020

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

John Alden

Alden Pacific Investments, Inc. License #02114291

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,156

Year Built

  • Built in 1990

Lot Details

  • 7,001 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 4,926 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 19 / 50
  • Tax Tract Number 4983
  • Assessor Parcel Number 7351013019

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $29,794
  • Gross Income $110,400
  • Net Operating Income $75,086

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,156

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7351013019
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 284.21

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7001.00
  • Lot Size Acres: 0.1607

Multi Family

  • Gross Income: 110400.00
  • Gross Scheduled Income: 110400.00
  • Lot Size Area: 7001.0000 Square Feet
  • Net Operating Income: 75086.00
  • 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: 29794.00
  • Rent Control: No
  • Total Expenses: 29794.00

Tax Info

  • Tax Block: 50
  • Tax Census Tract: 2920.00
  • Tax Lot: 19
  • Tax Tract Number: 4983

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2020
Sold by
Davis Daniel J and Davis Daniel J
Bought by
Tam Chuck H
Current Estimated Value
$1,792,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2000
Sold by
Swette Glen Tr Glen Swette Living Trust
Bought by
Davis Daniel J and The Daniel J Davis Revocable Living Tr

Purchase Details

Closed on
Sep 29, 1998
Sold by
Davis Daniel J
Bought by
Davis Daniel J and Daniel J Davis Revocable Living Trust

Purchase Details

Closed on
Feb 5, 1997
Sold by
Davis Daniel J
Bought by
Swette Glen and Swette Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
4.25%

Purchase Details

Closed on
Dec 27, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Davis Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
4.25%

Purchase Details

Closed on
Aug 30, 1996
Sold by
You Byung Gil and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 21, 1996
Sold by
You Byung Gil
Bought by
Sun Spring Marinas Co and 1519 W 207Th St Torrance Partnership

Purchase Details

Closed on
Nov 22, 1995
Sold by
Park Miok
Bought by
You Byung Gil

Purchase Details

Closed on
Nov 17, 1995
Sold by
Park Han Bum
Bought by
You Byung Gil

Purchase Details

Closed on
Jul 13, 1994
Sold by
You Byung Gil
Bought by
You Byung Gil and Park Miok
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tam Chuck H $1,400,000 First American Title
Tam Chuck H -- First American Title
Davis Daniel J -- --
Davis Daniel J -- --
Swette Glen -- Commonwealth Land Title Co
Davis Daniel $236,000 First American Title Co
Federal Home Loan Mortgage Corporation $255,000 Landsafe Title
Sun Spring Marinas Co -- --
You Byung Gil -- --
You Byung Gil -- --
You Byung Gil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tam Chuck H $1,320,000
Closed Tam Chuck H $980,000
Closed Tam Chuck H $980,000
Previous Owner Davis Daniel J $125,000
Previous Owner Davis Daniel $188,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $1,400,000 +1.4% $284 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $1,380,000 -- $280 / 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 $19,156 $1,531,101 $710,868 $820,233
2024 $19,156 $1,501,080 $696,930 $804,150
2023 $18,789 $1,471,648 $683,265 $788,383
2022 $17,935 $1,442,793 $669,868 $772,925
2021 $17,695 $1,414,504 $656,734 $757,770
2020 $6,935 $489,110 $241,112 $247,998
2019 $6,687 $479,521 $236,385 $243,136
2018 $6,522 $470,119 $231,750 $238,369
2017 $6,385 $460,902 $227,206 $233,696
2016 $6,188 $451,865 $222,751 $229,114
2015 $6,096 $445,079 $219,406 $225,673
2014 $6,127 $436,362 $215,109 $221,253
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20113692

California Regional Multiple Listing Service (CRMLS)

APN: 7351-013-019