$3,315,000
SOLD AUG 10, 2025
16 Beds
16 Baths
11,557 Sq Ft
10,555 Sq Ft Lot

Recently Sold

$287 Per Sq Ft

1% Below List Price

58 Days on Market

About This Home

As of August 2025

1989 Construction | Property is Not Subject to L.A. RSO - Defaults to AB 1482 | Located South of PCH - A Few Blocks from Kaiser Permanente South Bay Medical Center, Harbor Park & the Harbor Park Golf Course & Sports Complex | 5.49% Current Cap Rate & 11.63 Current GRM | 5.93% Pro-Forma Cap Rate & 11.03 Pro-Forma GRM | 11,557-SF Building on a 10,555-SF Corner Lot | Three Units Recently Renovated | Tremendous Curb Appeal - Recently Painted Building with Newer Landscaping | Total of 20 Parking Spaces | ADU Potential - Opportunity to Add ADUs in Garage Area* | On-Site Laundry Facility - Generates Additional Annual Income | Close Proximity to Rolling Hills Plaza, Torrance Towne Center and Torrance Crossroads & Palos Verdes

Last Agent to Sell the Property

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 06/04/2025

Last Buyer's Agent

Avinash Narang

BRC Advisors BH License #01448548

BRC Advisors BH

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 10,555 Sq Ft Lot
  • Lot Dimensions are 62x170

Parking

  • 20 Car Garage

Home Design

  • Split Level Home

Interior Spaces

  • 11,557 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Community Details

  • 12 Units
  • Vacancy Allowance $8,730

Listing and Financial Details

  • Assessor Parcel Number 7411-006-106

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 11557
  • Lot Acreage: 0.2424
  • Lot Dimensions: 62x170
  • Price Per Unit: 279167.00
  • Stories: 3
  • Year Built: 1989
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Laundry: Laundry Area, Room
  • Total Bathrooms: 16.00
  • Price Per S Q F T: 289.87

Exterior Features

  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Covered Parking: 20
  • Parking Garage: Covered Parking, Garage
  • Total Parking: 20

Utilities

  • Number Electric Meters: 12
  • Number Gas Meters: 12

Lot Info

  • Assessed Improvement Percent: 56.34
  • Assessed Improvement Value: 2040000
  • Assessed Land Percent: 43.66
  • Assessed Land Value: 1581000
  • Total Assessed Value: 3621000
  • Assessor Parcel Number: 7411-006-106
  • Lot Size Area: 10555

Rental Info

  • Total Actual Rent: 288000.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
  • Gross Rent Multiplier: 11.63
  • Number Of Units: 12
  • Total Annual Expense: 98286
  • Type Of Units: 1BD, 2BD
  • Vacancy Allow: 8730
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Tax Info

  • Tax Percent: 1.25
  • Tax Total: 41875.00

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 Change Sq Ft Price
08/10/2025 08/10/25 Sold $3,315,000 -1.0% $287 / Sq Ft
06/04/2025 06/04/25 For Sale $3,350,000 +11.7% $290 / Sq Ft
03/12/2020 03/12/20 Sold $3,000,000 -6.3% $260 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
09/25/2019 09/25/19 Price Changed $3,200,000 -8.6% $277 / Sq Ft
08/16/2019 08/16/19 For Sale $3,500,000 -- $303 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25547939

The MLS