NOT LISTED FOR SALE

1523 Plaza Del Amo Torrance, CA 90501

Harbor Gateway Neighborhood
3 Beds
2 Baths
7,280 Sq Ft
1960 Built

Last Sold October 12, 2017

Last sale price $1,480,000 $203 Per Sq Ft

91 Days on Market

About This Home

As of October 2017

1523 Plaza Del Amo features one building, a 1960 construction that contains seven two-bedroom and three one-bedroom units, all of which are separately metered for gas and electricity. The property also features on-site parking in the rear and on-site laundry. This property is subject to rent control.

This offering presents an excellent opportunity for an investor to rehabilitate and reposition the property in order to capture substantial potential upside in rents.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 05/30/2017

Last Buyer's Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 05/30/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 10,342 Sq Ft Lot
  • No Common Walls

Home Design

  • 7,280 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 326
  • Tax Tract Number 4529
  • Assessor Parcel Number 7347007029

Community Details

Overview

  • 10 Units

Building Details

  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • Operating Expense $47,347
  • Gross Income $107,736
  • Net Operating Income $60,390

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7347007029
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 203.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10342.00

Multi Family

  • Gross Income: 107736.00
  • Gross Scheduled Income: 107328.00
  • Laundry Income: 2630.00
  • Net Operating Income: 60390.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Units Total: 10
  • Operating Expense: 47347.00
  • Other Income1: 300.00
  • Other Income Description: Parking space income
  • Rent Control: Yes
  • Total Expenses: 47347.00

Tax Info

  • Tax Census Tract: 2932.02
  • Tax Lot: 326
  • Tax Tract Number: 4529

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2017 10/12/17 Sold $1,480,000 -12.2% $203 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
07/17/2017 07/17/17 Price Changed $1,685,000 -5.2% $231 / Sq Ft
07/17/2017 07/17/17 For Sale $1,777,777 0.0% $244 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $1,777,777 -- $244 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Steve Bogoyevac

    Steven M. Bogoyevac, Broker

    (562) 257-1231

    2 in this area

    91 Total Sales

    Steve Bogoyevac
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17120201

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

1523 Plaza Del Amo, 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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