M
Seller's Agent in 2021
Malinda Yuhas
Kaji & Associates
1555 W 204th St Torrance, CA 90501
Harbor Gateway NeighborhoodEstimated Value: $959,000 - $1,966,475
12
Beds
5
Baths
3,754
Sq Ft
$396/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Wall Furnace
About This Home
As of March 2021Quadruplex 1555,1555 1/2, 1557 1557 1/2 W. 204th St. - Don't miss out on this opportunity! Whether you are expanding your portfolio or wants to start on an investment with a strong cash flow that will give you a better return than your bank, this is your chance. This low maintenance property consists of three 3 beds 1 bath and one 3 beds 2 baths. Tenants are stable. One unit will be vacant by end of February (tenant bought a house). The building was built in 1944 as a duplex and in 2009 the previous owner added a 2nd story (Cert of Occupancy available upon acceptance of offer), all plumbing, electrical and windows were upgraded then. This is in the rent control area of Torrance (Los Angeles strip). Separately metered for gas and electric. Landlord pays for water. Five parking spots in the rear of the property (4 assigned and 1 guest parking). Drive by only and SUBJECT TO INSPECTION.
Last Agent to Sell the Property
Malinda Yuhas
Kaji & Associates License #01817082 Listed on: 01/29/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,550
Year Built
- Built in 1944
Lot Details
- 6,551 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Shingle Roof
- Copper Plumbing
Interior Spaces
- 3,754 Sq Ft Home
- 2-Story Property
- Gas Range
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- 5 Bathrooms
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Parking Available
- Assigned Parking
Utilities
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 3 / 61
- Tax Tract Number 4983
- Assessor Parcel Number 7351016003
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Maintenance Expense $2,400
- Professional Management Expense $5,677
- Supplies Expense $1,200
- Water Sewer Expense $2,400
- Operating Expense $12,277
- Gross Income $94,620
- Net Operating Income $82,342
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2021
Closed on
Mar 8, 2021
Sold by
Wells Allen F
Bought by
Chang Jae Won
Seller's Agent
Malinda Yuhas
Kaji & Associates
Buyer's Agent
Carolyn Ro
Estate Properties
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,619
Avg. Annual Appreciation
3.09%
Original Mortgage
$910,000
Outstanding Balance
$820,779
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$664,840
Purchase Details
Closed on
Mar 24, 2009
Sold by
Urban Street Properties Inc
Bought by
Wells Allen F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,641
Interest Rate
4.83%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 4, 2009
Sold by
Aurora Loan Services Llc
Bought by
Urban Street Properties
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,641
Interest Rate
4.83%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 10, 2008
Sold by
Navarro Modesto and Navarro Gloria
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Dec 28, 2005
Sold by
Weststate Properties Llc
Bought by
Navarro Modesto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 28, 2005
Sold by
Byfield Geraint
Bought by
Weststate Properties Llc
Purchase Details
Closed on
May 28, 2004
Sold by
Montenegro Victoria
Bought by
Byfield Geraint
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,900
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 25, 2003
Sold by
Alari Stanley
Bought by
Doughty Mary Louise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,850
Interest Rate
5.54%
Purchase Details
Closed on
Apr 2, 2003
Sold by
Doughty Mary Louise
Bought by
Montenegro Victoria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,850
Interest Rate
5.54%
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 |
|---|---|---|---|
| Chang Jae Won | $1,300,000 | Provident Title Company | |
| Wells Allen F | $599,500 | California Title Company | |
| Urban Street Properties | -- | California Title Company | |
| Aurora Loan Services Llc | $552,000 | Accommodation | |
| Navarro Modesto | $675,000 | Financial Title | |
| Weststate Properties Llc | -- | Gateway Title Company | |
| Byfield Geraint | $375,000 | First American Title Co | |
| Doughty Mary Louise | -- | Chicago Title | |
| Montenegro Victoria | -- | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chang Jae Won | $910,000 | |
| Previous Owner | Wells Allen F | $569,416 | |
| Previous Owner | Wells Allen F | $588,641 | |
| Previous Owner | Navarro Modesto | $540,000 | |
| Previous Owner | Byfield Geraint | $349,900 | |
| Previous Owner | Montenegro Victoria | $230,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2021 03/31/21 | Sold | $1,300,000 | 0.0% | $346 / Sq Ft |
| 03/03/2021 03/03/21 | Pending | -- | -- | -- |
| 03/01/2021 03/01/21 | Off Market | $1,300,000 | -- | -- |
| 02/22/2021 02/22/21 | For Sale | $1,399,000 | 0.0% | $373 / Sq Ft |
| 02/18/2021 02/18/21 | Pending | -- | -- | -- |
| 01/29/2021 01/29/21 | For Sale | $1,399,000 | 0.0% | $373 / Sq Ft |
| 11/06/2020 11/06/20 | Rented | $2,050 | 0.0% | -- |
| 10/21/2020 10/21/20 | For Rent | $2,050 | -- | -- |
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 | $17,550 | $1,407,160 | $844,296 | $562,864 |
| 2024 | $17,550 | $1,379,570 | $827,742 | $551,828 |
| 2023 | $17,212 | $1,352,520 | $811,512 | $541,008 |
| 2022 | $16,427 | $1,326,000 | $795,600 | $530,400 |
| 2021 | $9,296 | $713,213 | $475,874 | $237,339 |
| 2020 | $9,381 | $705,901 | $470,995 | $234,906 |
| 2019 | $9,026 | $692,060 | $461,760 | $230,300 |
| 2018 | $8,863 | $678,491 | $452,706 | $225,785 |
| 2016 | $8,441 | $652,146 | $435,128 | $217,018 |
| 2015 | $8,314 | $642,351 | $428,592 | $213,759 |
| 2014 | $8,336 | $629,769 | $420,197 | $209,572 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Carolyn Ro
RE/MAX
1 in this area
25 Total Sales
-
D
Seller's Agent in 2020
Damien Johnson
Pinnacle Property Management
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21018856
APN: 7351-016-003
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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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