NOT LISTED FOR SALE

Estimated Value: $998,000 - $1,217,268

4 Beds
2 Baths
1,560 Sq Ft
$701/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2017

Last sale price $795,000 $510 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,898 / mo

102 Days on Market

Highlights

  • Open Floorplan
  • Property is near park and public transit
  • 2 Attached Carport Spaces
  • Torrance Elementary School Rated A-
  • Lawn
  • Zero Lot Line

About This Home

As of March 2017

Two separate homes on one lot. This one of Old Torrance's best streets. Both have separate fenced yards. Charming front house, 1623 Cota Ave., was built in 1958 with a large Alpine window in the front. Large living room and dining area. Kitchen was remodeled in 2011 and opened up to the living room. Bath was remodeled in 2012. Newer laminate floors in living room, hallway and bedrooms. Plumbing was done in copper for both homes in 2010. Roofs were also replaced at that time. Front house has fenced entrance courtyard and fenced rear yard. Two car garage off street with two car wide driveway. Rear house, 1625 Cota Ave., was built in 1947 per tax rolls. Baths and kitchen were updated in 2010. Legally a two bedroom home and is currently being used that way. There is a small room off the large bedroom that can be used as a child's room, office or hobby room. Main bedroom has large closet. Kitchen has lots of cabinets, an eating area and laundry hook ups. Forced air was installed in front house in 2011 and a new wall heater in rear house in 2010. Carport off alley adjacent to rear house is long enough for two mid sized or smaller cars. Both houses have separate laundry hookups. One block from Triangle Park and Torrance High School. Walk to Downtown Torrance Business District, six parks, all public and two private schools and major grocery shopping. This property is on the market for the first time in nearly sixty years.

Last Agent to Sell the Property

John Fields

Bonanza Realty License #00993786 Listed on: 10/30/2016

Last Buyer's Agent

Louis McGraw

National Association of Real Estate Investors Inc License #01334521

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 5,601 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Rectangular Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Lawn
  • Back and Front Yard
  • Zero Lot Line

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway

Home Design

  • Duplex
  • Ranch Style House
  • Fire Rated Drywall
  • Composition Roof
  • Copper Plumbing
  • Clapboard
  • Stucco

Interior Spaces

  • 1,560 Sq Ft Home
  • Open Floorplan
  • Living Room with Fireplace
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Laundry in Kitchen
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park and public transit
  • Suburban Location

Utilities

  • Central Heating
  • Space Heater
  • Wall Furnace
  • Overhead Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available

Listing and Financial Details

  • Tenant pays for electricity, grounds care, gas
  • Tax Lot 007
  • Tax Tract Number 7355
  • Assessor Parcel Number 7355017007

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $750
  • Water Sewer Expense $1,400
  • New Taxes Expense $11,200
  • Operating Expense $14,225
  • Gross Income $32,400
  • Net Operating Income $18,175

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

5,601 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • View: No
  • Water Sewer Expenses: 1400.00
  • Zoning: TORR-LM
  • Architectural Style: Ranch
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7355017007
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Full, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 509.62

Exterior Features

  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Clapboard, Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, Concrete, Garage, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Water Heater
  • Heating Type: Central, Wall Furnace, Space Heater
  • Laundry Features: Common Area, Gas Dryer Hookup, In Garage, In Kitchen, Inside
  • Sewer: Public Sewer
  • Trash Expense: 750.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corners Marked, Front Yard, Lawn, Rectangular Lot, Level, Near Public Transit, Park Nearby, Utilities - Overhead, Zero Lot Line
  • Lot Size Sq Ft: 5601.00

Rental Info

  • Tenant Pays: Electricity, Grounds Care, Gas

Multi Family

  • Average1 Bed Area: 612 Square Feet
  • Average2 Bed Area: 944 Square Feet
  • Gross Income: 32400.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 18175.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 1
  • Operating Expense: 14225.00
  • Rent Control: No
  • Total Actual Rent: 2700.00
  • Total Expenses: 14225.00

Tax Info

  • New Taxes Expense: 11200.00
  • Tax Census Tract: 6509.01
  • Tax Lot: 007
  • Tax Tract Number: 7355

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2020
Sold by
Bought by
Current Estimated Value
$1,093,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,300
Outstanding Balance
$574,961
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$518,106

Purchase Details

Closed on
Mar 30, 2018
Sold by
Bought by

Purchase Details

Listed on
Oct 30, 2016
Closed on
Mar 13, 2017
Sold by
Bought by
Seller's Agent
John Fields
Bonanza Realty
Buyer's Agent
Louis McGraw
National Association of Real Estate Investors Inc
List Price
$869,500
Sold Price
$795,000
Premium/Discount to List
-$74,500
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Original Mortgage
$636,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 6, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 5, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Torrance, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Placer Title Company
-- None Available
-- None Available
$795,000 Nations Title Company
-- American Coast Title Company
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $653,300
Closed $636,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/23/2017 03/23/17 Sold $795,000 -8.6% $510 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
10/30/2016 10/30/16 For Sale $869,500 -- $557 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,674 $922,662 $580,292 $342,370
2024 $10,478 $904,571 $568,914 $335,657
2023 $10,284 $886,835 $557,759 $329,076
2022 $10,146 $869,447 $546,823 $322,624
2021 $9,965 $852,400 $536,101 $316,299
2020 $9,816 $843,660 $530,604 $313,056
2019 $9,676 $827,118 $520,200 $306,918
2018 $9,393 $810,900 $510,000 $300,900
2017 $4,141 $341,260 $246,598 $94,662
2016 $4,034 $334,569 $241,763 $92,806
2015 $3,947 $329,544 $238,132 $91,412
2014 $3,855 $323,090 $233,468 $89,622
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16736601

California Regional Multiple Listing Service (CRMLS)

APN: 7355-017-007

Your Personal Tour Guide

Ask me questions while you tour the home.