NOT LISTED FOR SALE

1521 W 227th St Torrance, CA 90501

Harbor Gateway Neighborhood

Estimated Value: $1,351,113 - $1,665,000

4 Beds
2 Baths
3,563 Sq Ft
$405/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $500,000 $140 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $9,051/month

28 Days on Market

About This Home

As of April 2012

Your buyer can live in one unit and collect an additional 3000 Plus per month toward themonthly payment. Historically low interest rates, along with 3.5% FHA down payments can result in cash flow from Day 1. Low maintenance building in outstanding rental area close to all services. Wrought Iron fencing. Individual meters. 2 car enclosed garage Plus carports. Front house plus 3 townhouse style units in rear.Rents and expenses are projected. Call for more information

Last Agent to Sell the Property

Steve Gamez

P.R.S. Properties License #00586247 Listed on: 02/10/2012

Co-Listed By

Stephen Hagerman

Genesis Realty License #01392401

Last Buyer's Agent

Alex Sanchez

Modern Realty Company License #01734841

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,410

Year Built

  • Built in 1964

Lot Details

  • 7,200 Sq Ft Lot

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 3,563 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • 4 Carport Spaces

Utilities

  • No Heating
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Tract Number 4529
  • Assessor Parcel Number 7347011033

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $41,467

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,410

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 8.31
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7347011033
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 140.33

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Appliances: Water Heater
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7200.00
  • Lot Size Acres: 0.1650

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Multiplier: 8.57
  • Gross Scheduled Income: 58200.00
  • Lot Size Area: 7200.0000 Square Feet
  • Net Operating Income: 41467.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Operating Expense: 13822.00
  • Operating Expense Percent: 25.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Area: 19
  • Tax Lot: 0.
  • Tax Tract Number: 4529

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2025
Sold by
Benyamin Fariba and Esfandi Bijan
Bought by
1521 W 227Th Llc
Current Estimated Value
$1,444,778

Purchase Details

Listed on
Feb 10, 2012
Closed on
May 15, 2012
Sold by
Yew Zwei Ling
Bought by
Chen William W
Seller's Agent
Steve Gamez
P.R.S. Properties
Buyer's Agent
Alex Sanchez
Modern Realty Company
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$375,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2012
Closed on
May 7, 2012
Sold by
Aslan Residential Iv Llc
Bought by
Chen William W
Seller's Agent
Steve Gamez
P.R.S. Properties
Buyer's Agent
Alex Sanchez
Modern Realty Company
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2012
Sold by
Prado Juana
Bought by
Aslan Residential Iv Llc

Purchase Details

Closed on
Jul 8, 2010
Sold by
Prado Juana
Bought by
Prado Juana and Barba Jesus

Purchase Details

Closed on
Mar 8, 2007
Sold by
Prado Alberto
Bought by
Prado Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2007
Sold by
Prado Juana and Barba Jesus
Bought by
Prado Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
1521 W 227Th Llc -- Wfg National Title
Chen William W -- First American Title Company
Chen William W $500,000 First American Title Company
Aslan Residential Iv Llc $410,336 None Available
Prado Juana -- None Available
Prado Juana -- First American Title
Prado Juana -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen William W $375,000
Previous Owner Prado Juana $160,000
Previous Owner Prado Juana $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2012 04/30/12 Sold $500,000 +0.2% $140 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $499,000 -- $140 / 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 $17,410 $1,379,570 $955,087 $424,483
2024 $17,410 $1,352,520 $936,360 $416,160
2023 $17,076 $1,326,000 $918,000 $408,000
2022 $9,052 $686,616 $355,079 $331,537
2021 $8,920 $673,154 $348,117 $325,037
2020 $8,999 $666,253 $344,548 $321,705
2019 $8,664 $653,191 $337,793 $315,398
2018 $8,501 $640,384 $331,170 $309,214
2017 $7,256 $541,128 $324,677 $216,451
2016 $7,060 $530,518 $318,311 $212,207
2015 $6,954 $522,550 $313,530 $209,020
2014 $6,987 $512,315 $307,389 $204,926
Source: Public Records

Agents Affiliated with this Home

  • Steve Gamez

    Seller's Agent in 2012

    Steve Gamez

    P.R.S. Properties

    (714) 328-0832

    1 in this area

    4 Total Sales

    Steve Gamez
    Section Image

  • S

    Seller Co-Listing Agent in 2012

    Stephen Hagerman

    Genesis Realty

  • A

    Buyer's Agent in 2012

    Alex Sanchez

    Modern Realty Company

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P811867

California Regional Multiple Listing Service (CRMLS)

APN: 7347-011-033

California Los Angeles County Torrance 90501 Harbor Gateway

1521 W 227th St, Torrance, CA

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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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