NOT LISTED FOR SALE

1603 W 220th St Torrance, CA 90501

Harbor Gateway Neighborhood

Estimated Value: $1,028,000 - $1,548,000

5 Beds
3 Baths
1,804 Sq Ft
$659/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $475,000 $263 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $7,574/month

52 Days on Market

Highlights

  • Cathedral Ceiling
  • Laundry Room
  • Wall Furnace
  • Corner Lot

About This Home

As of May 2014

AMAZING OPPORTUNITY , BACK TO THE MARKET SELLER VERY MOTIVATED . Tow homes in a corner lot , 2 units that are as if they were 2 single family residences, each with their own entrance.
Unit 1, facing 200th Street , with 2 bedrooms , 1 bathroom , hardwood floors , independent front and back yard , 1 car garage .
Unit 2, facing Harvard Blvd , has tow story , 3 bedrooms , 2.5 bathrooms , back yard , 1 car garage .

Last Agent to Sell the Property

Yazmin Del Castillo

Estate Properties License #01784329 Listed on: 04/16/2014

Last Buyer's Agent

Elena Moric

The Realestate Group License #01494643

The Realestate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,373

Year Built

  • Built in 1929

Lot Details

  • 4,400 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 1,804 Sq Ft Home
  • Cathedral Ceiling
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 16 / 5
  • Assessor Parcel Number 7346010029

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $3,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,373

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Ad Number: SB14036738
  • Other Phone Description: 3238994644
  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 7346010029
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Cathedral Ceiling(s)
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 263.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4400.00
  • Lot Size Acres: 0.1010

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 3450.00
  • Gross Scheduled Income: 3450.00
  • Lot Size Area: 4400.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 3450.00

Tax Info

  • Tax Block: 5
  • Tax Lot: 16
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2014
Closed on
May 8, 2014
Sold by
Acosta Jose Luis and Lopez Eva
Bought by
Chao Yi Zou Julie
Seller's Agent
Yazmin Del Castillo
Estate Properties
Buyer's Agent
Elena Moric
The Realestate Group
List Price
$490,000
Sold Price
$475,000
Premium/Discount to List
-$15,000
-3.06%
Current Estimated Value
$1,271,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$796,135
Avg. Annual Appreciation
8.50%
Original Mortgage
$380,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2010
Sold by
Acosta Jose Luis
Bought by
Acosta Jose Luis and Lopez Eva

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
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Acosta Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.42%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 11, 2007
Sold by
Morales Julio G
Bought by
Deutsche Bank National Trust Co and Soundview Home Loan Trust 2006-Opt4 Asse

Purchase Details

Closed on
Mar 6, 2006
Sold by
Prado Irma H
Bought by
Morales Julio G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 9, 2006
Sold by
Canlas Airine M
Bought by
Canlas Leonardo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 26, 2006
Sold by
Canlas Leonardo A
Bought by
Morales Julio G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 18, 2004
Sold by
Bocobo Omar
Bought by
Bocobo Blanca Mendoza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2004
Sold by
Mendoza Bocobo Blanca and Mendoza Blanca
Bought by
Canonizado Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2001
Sold by
Diaz Adley Marie
Bought by
Mendoza Blanca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.25%

Purchase Details

Closed on
Jun 27, 2000
Sold by
Bustamante Ramon and Bustamante Michelle
Bought by
Diaz Adley Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
7.37%

Purchase Details

Closed on
Aug 8, 1996
Sold by
Guyan Linda Joy
Bought by
Bustamante Ramon and Bustamante Michelle
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
Chao Yi Zou Julie $475,000 Ticor Title Co
Acosta Jose Luis -- Accommodation
Acosta Jose Luis $450,000 First American Title Ins Co
Deutsche Bank National Trust Co $691,195 Financial Title Company
Morales Julio G -- Fatcola
Canlas Leonardo A -- Fatcola
Morales Julio G $810,000 Fatcola
Canlas Leonardo A -- Fatcola
Bocobo Blanca Mendoza -- Landsafe Title
Canonizado Cynthia A $308,000 Landsafe Title
Mendoza Blanca A $175,000 Lawyers Title Company
Diaz Adley Marie $151,000 Fidelity Title
Bustamante Ramon -- Old Republic Title Company
Bustamante Ramon -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chao Yi Zou Julie $320,000
Closed Chao Yi Zou Julie $380,000
Previous Owner Acosta Jose Luis $375,000
Previous Owner Acosta Jose Luis $350,000
Previous Owner Morales Julio G $162,000
Previous Owner Morales Julio G $648,000
Previous Owner Canonizado Cynthia A $246,400
Previous Owner Mendoza Blanca A $140,000
Previous Owner Diaz Adley Marie $131,000
Previous Owner Bustamante Ramon $39,250
Closed Mendoza Blanca A $35,000
Closed Canonizado Cynthia A $61,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2014 05/16/14 Sold $475,000 -3.1% $263 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $490,000 -- $272 / 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 $7,373 $582,273 $245,166 $337,107
2024 $7,373 $570,857 $240,359 $330,498
2023 $7,232 $559,665 $235,647 $324,018
2022 $6,904 $548,692 $231,027 $317,665
2021 $6,812 $537,935 $226,498 $311,437
2020 $6,877 $532,420 $224,176 $308,244
2019 $6,612 $521,981 $219,781 $302,200
2018 $6,546 $511,747 $215,472 $296,275
2017 $6,402 $501,714 $211,248 $290,466
2016 $6,247 $491,877 $207,106 $284,771
2015 $6,154 $484,490 $203,996 $280,494
2014 $6,149 $472,719 $367,671 $105,048
Source: Public Records

Agents Affiliated with this Home

  • Yazmin Del Castillo

    Seller's Agent in 2014

    Yazmin Del Castillo

    RE/MAX

    (310) 386-2121

    22 Total Sales

    Section Image

  • E

    Buyer's Agent in 2014

    Elena Moric

    The Realestate Group

    (310) 376-2225

    11 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14036738

California Regional Multiple Listing Service (CRMLS)

APN: 7346-010-029

California Los Angeles County Torrance 90501 Harbor Gateway

1603 W 220th St, Torrance, CA

This home is located at 1603 W 220th St, Torrance, CA 90501 since 16 April 2014 and is currently estimated at $1,188,995, approximately $659 per square foot. This property was built in 1929. 1603 W 220th St is a home located in Los Angeles County with nearby schools including Meyler Street Elementary School, Alexander Fleming Middle School, and Nathaniel Narbonne Senior High School.

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.

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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