NOT LISTED FOR SALE

Estimated Value: $924,791 - $1,094,000

4 Beds
4 Baths
2,700 Sq Ft
$362/Sq Ft Est. Value

Last Sold September 18, 2013

Last sale price $435,000 $161 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $5,815/month

107 Days on Market

About This Home

As of September 2013

Excellent owner-occupied or investor four-unit property in Torrance at at giveaway price. All four units are 1bedroom, 1bath each and fully occupied by tenants, currently. Bring your client's offer subject to interior inspection. This is a rare find. Don't miss it! It is a short sale subject to mortgage lender's approval.

Last Agent to Sell the Property

Ezihe Irondi

Nationwide Real Estate Execs License #01381245 Listed on: 01/19/2013

Last Buyer's Agent

Tien Nguyen

Excel Realty License #01272149

Excel Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,044

Year Built

  • Built in 1954

Lot Details

  • 7,187

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,700 Sq Ft Home
  • Carpet

Parking

  • 4 Parking Spaces
  • Parking Available
  • Assigned Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 478
  • Tax Tract Number 4529
  • Assessor Parcel Number 7347011039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,044

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7347011039
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 161.11

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Gross Multiplier: 9.72
  • Gross Scheduled Income: 38400.00
  • Number Of Units Total: 4
  • Other Expense Description: 0000

Tax Info

  • Tax Lot: 478
  • Tax Tract Number: 4529

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2015
Sold by
Nguyen Helen H
Bought by
Le Viet and Chau Dung
Current Estimated Value
$978,198

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
Outstanding Balance
$285,516
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$692,682

Purchase Details

Listed on
Jan 19, 2013
Closed on
Sep 10, 2013
Sold by
Nguyen Quang
Bought by
Nguyen Helen H
Seller's Agent
Ezihe Irondi
Nationwide Real Estate Execs
Buyer's Agent
Tien Nguyen
Excel Realty
List Price
$420,000
Sold Price
$435,000
Premium/Discount to List
$15,000
3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$326,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2013
Closed on
Aug 21, 2013
Sold by
Afrique Charlene E D
Bought by
Nguyen Helen H
Seller's Agent
Ezihe Irondi
Nationwide Real Estate Execs
Buyer's Agent
Tien Nguyen
Excel Realty
List Price
$420,000
Sold Price
$435,000
Premium/Discount to List
$15,000
3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2004
Sold by
Torres Jose M
Bought by
Dafrique Charlene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,868
Interest Rate
5.92%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2003
Sold by
Torres Jose M
Bought by
Torres Jose M and Torres Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2001
Sold by
Bank One Na
Bought by
Torres Jose M and Torres Rebeca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,369
Interest Rate
6.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2001
Sold by
Jones Wesley
Bought by
Bank One Na

Purchase Details

Closed on
Sep 17, 1999
Sold by
Mabry Clarence E Jr Co Tr Mabry Trust
Bought by
Jones Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
9.99%
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
Le Viet $500,000 Nextitle
Nguyen Helen H -- Ticor Title Tustin Orange Co
Nguyen Helen H $435,000 Ticor Title Tustin Orange Co
Dafrique Charlene E $455,000 Dtc
Torres Jose M -- Diversified Title & Escrow S
Torres Jose M $235,000 First American Title Co
Bank One Na $242,060 Fidelity National Title Ins
Jones Wesley $240,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Viet $375,000
Previous Owner Nguyen Helen H $326,000
Previous Owner Dafrique Charlene E $447,868
Previous Owner Torres Jose M $234,000
Previous Owner Torres Jose M $231,369
Previous Owner Jones Wesley $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2013 09/18/13 Sold $435,000 +3.6% $161 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
01/19/2013 01/19/13 For Sale $420,000 -- $156 / 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 $8,044 $600,918 $360,551 $240,367
2024 $8,044 $589,136 $353,482 $235,654
2023 $7,895 $577,585 $346,551 $231,034
2022 $7,550 $566,260 $339,756 $226,504
2021 $7,445 $555,158 $333,095 $222,063
2020 $7,510 $549,467 $329,680 $219,787
2019 $7,232 $538,694 $323,216 $215,478
2018 $7,081 $528,132 $316,879 $211,253
2016 $6,751 $507,625 $304,575 $203,050
2015 $5,978 $443,691 $305,994 $137,697
2014 $6,009 $435,000 $300,000 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P846213

California Regional Multiple Listing Service (CRMLS)

APN: 7347-011-039