Seller's Agent in 2021
Joshua Hammond
Compass
(424) 903-9319
2 in this area
100 Total Sales
1529 W 227th St Torrance, CA 90501
Harbor Gateway NeighborhoodEstimated Value: $888,000 - $1,189,093
4
Beds
2
Baths
2
Sq Ft
$488,762/Sq Ft
Est. Value
Highlights
- Laundry Room
- Back Yard
- 1-Story Property
About This Home
As of October 2021Great two on a lot investment property with long term tenants and a tremendous amount of upside in rents. These two homes sit on a 7200 square foot lot. Both units have separate addresses, two bedrooms and one bathroom, updated kitchens and bathrooms, electrical panels, copper plumbing, newer windows and laminate wood flooring. Each unit has ample parking along with their own separate laundry areas.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,777
Year Built
- Built in 1954
Lot Details
- 7,200 Sq Ft Lot
- No Common Walls
- Back Yard
Parking
- 2 Car Garage
Interior Spaces
- 2 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Tenant pays for electricity, gas, sewer, water
- Tax Lot 474
- Tax Tract Number 4529
- Assessor Parcel Number 7347011035
- $592 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $480
- Insurance Expense $1,000
- Water Sewer Expense $840
- Operating Expense $2,320
- Gross Income $31,260
- Net Operating Income $28,940
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 18, 2020
Sold by
Varghese John P and Varghese Jessy J
Bought by
Varghese John and Varghese Jessy
Current Estimated Value
Purchase Details
Listed on
Sep 20, 2013
Closed on
Oct 31, 2013
Sold by
Yeh Shyu Yu Lily and Shyu Yu Lilu Yeh Trust
Bought by
Varghese John P and Varghese Jessy
Seller's Agent
Denise Mardesich
Estate Properties
Buyer's Agent
Carlos Barron
T.N.G. Real Estate Consultants
List Price
$389,000
Sold Price
$360,000
Premium/Discount to List
-$29,000
-7.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$270,000
Outstanding Balance
$200,335
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$777,188
Purchase Details
Closed on
Nov 18, 2005
Sold by
Yeh Shyu Yu Lily
Bought by
Yeh Shyu Yu Lily and Shyu Yu Lily Yeh Trust
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 |
|---|---|---|---|
| Varghese John | -- | None Available | |
| Varghese John P | $360,000 | Fidelity National Title | |
| Yeh Shyu Yu Lily | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Varghese John P | $270,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/06/2021 10/06/21 | Sold | $715,000 | +5.3% | $357,500 / Sq Ft | |
| 09/08/2021 09/08/21 | Pending | -- | -- | -- | |
| 08/12/2021 08/12/21 | For Sale | $679,000 | +88.6% | $339,500 / Sq Ft | |
| 11/20/2013 11/20/13 | Sold | $360,000 | -7.5% | $192 / Sq Ft | View Prior Sale |
| 10/20/2013 10/20/13 | Pending | -- | -- | -- | |
| 08/25/2013 08/25/13 | For Sale | $389,000 | -- | $208 / 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 | $9,777 | $758,763 | $530,604 | $228,159 |
| 2024 | $9,777 | $743,886 | $520,200 | $223,686 |
| 2023 | $9,905 | $729,300 | $510,000 | $219,300 |
| 2022 | $8,955 | $715,000 | $500,000 | $215,000 |
| 2021 | $5,394 | $407,696 | $277,462 | $130,234 |
| 2020 | $5,442 | $404,096 | $274,617 | $129,479 |
| 2019 | $5,240 | $396,185 | $269,233 | $126,952 |
| 2018 | $5,090 | $388,429 | $263,954 | $124,475 |
| 2016 | $4,853 | $372,790 | $253,705 | $119,085 |
| 2015 | $4,781 | $367,192 | $249,895 | $117,297 |
| 2014 | $4,802 | $360,000 | $245,000 | $115,000 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Hammond
-
Joe Fleischaker
J
Buyer's Agent in 2021
Joe Fleischaker
Joseph Fleischaker, Broker
(949) 705-9889
1 in this area
10 Total Sales
-
Denise Mardesich
Seller's Agent in 2013
Denise Mardesich
RE/MAX
(310) 918-2548
9 Total Sales
-
Carlos Barron
Buyer's Agent in 2013
Carlos Barron
T.N.G. Real Estate Consultants
(562) 905-6033
1 in this area
85 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21178281
APN: 7347-011-035
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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