NOT LISTED FOR SALE

Estimated Value: $1,502,000 - $1,698,000

3 Beds
3 Baths
1,350 Sq Ft
$1,174/Sq Ft Est. Value

Last Sold April 11, 2018

Last sale price $1,100,000 $815 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $9,803/month

Highlights

  • Lawn
  • No HOA
  • Side by Side Parking
  • Fern Elementary School Rated A
  • 2 Car Direct Access Garage
  • 3-minute walk to Greenwood Park

About This Home

As of January 2023

Newly remodeled detached front unit home in fabulous neighborhood of Torrance within the Torrance Unified school district. Enter the house into a large open living room space. A spacious front house with 3 bedrooms 3 bathrooms with new laminate wood flooring and tile throughout. There are 2 on-suite bedrooms, each with their own bathrooms. 2 full bathrooms and one 3/4 bathroom fully remodeled. Large front yard with a row of beautiful flowers and plants along the driveway. Direct access 2 car garage. Close to parks, schools, highways, major throughways. Refrigerator, washer, dryer are only less than 3 years old and in operating condition but provided without warranty.

Last Agent to Rent the Property

Andy Tseng

The Realestate Group License #01899224 Listed on: 01/06/2023

The Realestate Group

Last Renter's Agent

Andy Tseng

The Realestate Group License #01899224 Listed on: 01/06/2023

The Realestate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,194

Year Built

  • Built in 1957

Lot Details

  • 7,801 Sq Ft Lot
  • No Common Walls
  • Lawn

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side by Side Parking

Home Design

  • 1,350 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Security Deposit $5,625
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 1/6/23
  • Legal Lot and Block 4 / 10
  • Tax Tract Number 2761
  • Assessor Parcel Number 7362027015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,194

Year Built

Built in 1957

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-01-06
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 5625
  • Furnished: Unfurnished
  • Total Move In Costs: 9375.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Duplex
  • Inclusions: refrigerator, washer, dryer
  • Property Attached: No
  • View: No
  • Zoning: TORR-LO
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 7362027015
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1350.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.78
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Torrance Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 7801.00
  • Lot Size Acres: 0.1791

Multi Family

  • First Repairs: 100
  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 7801.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 6504.01
  • Tax Lot: 4
  • Tax Tract Number: 2761

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2019
Sold by
Cheng William C Y and Cheng Ellen H
Bought by
Cheng William C Y and Cheng Ellen H
Current Estimated Value
$1,585,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,500
Outstanding Balance
$574,747
Interest Rate
3.4%
Estimated Equity
$1,010,339

Purchase Details

Listed on
Mar 15, 2018
Closed on
Mar 22, 2018
Sold by
Kwon Nancy J and Kwon James H
Bought by
Cheng Ellen H and The 2016 James W Cheng Trust
Seller's Agent
Young Lee
Realty ONE Group United
Buyer's Agent
Janney Chou
Home Team Realty
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%

Purchase Details

Closed on
Oct 4, 2006
Sold by
Kwon Nancy J
Bought by
Kwon James H and Kwon Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,999
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 19, 2003
Sold by
Kwon James H
Bought by
Kwon Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 26, 2000
Sold by
Saeki Kaz and Saeki Jean
Bought by
Kwon James H and Kwon Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,600
Interest Rate
3.95%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cheng William C Y -- First Amer Ttl Co Los Angele
Cheng Ellen H $1,100,000 Chicago Title
Kwon James H -- Ticor Title Co
Kwon Nancy J -- First American Title Co
Kwon James H $357,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng William C Y $654,500
Previous Owner Cheng Ellen H $650,000
Previous Owner Cheng Ellen H $650,000
Previous Owner Kwon James H $239,999
Previous Owner Kwon James H $480,000
Previous Owner Kwon James H $106,000
Previous Owner Kwon Nancy J $371,000
Previous Owner Kwon James H $293,000
Previous Owner Kwon James H $285,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Rented $3,750 0.0% --
01/16/2023 01/16/23 Under Contract -- -- --
01/06/2023 01/06/23 For Rent $3,750 +10.3% --
08/06/2021 08/06/21 Rented $3,400 0.0% --
08/03/2021 08/03/21 Under Contract -- -- --
07/31/2021 07/31/21 For Rent $3,400 +13.3% --
01/25/2019 01/25/19 Rented $3,000 0.0% --
01/24/2019 01/24/19 Under Contract -- -- --
01/16/2019 01/16/19 For Rent $3,000 0.0% --
01/14/2019 01/14/19 Under Contract -- -- --
01/04/2019 01/04/19 Price Changed $3,000 -3.2% $2 / Sq Ft
12/17/2018 12/17/18 Price Changed $3,100 -6.1% $2 / Sq Ft
12/03/2018 12/03/18 Price Changed $3,300 -5.7% $2 / Sq Ft
11/08/2018 11/08/18 Price Changed $3,500 -6.7% $3 / Sq Ft
10/31/2018 10/31/18 For Rent $3,750 0.0% --
04/11/2018 04/11/18 Sold $1,100,000 0.0% $449 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $1,100,000 -- $449 / 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 $14,194 $1,251,607 $853,369 $398,238
2024 $14,194 $1,227,067 $836,637 $390,430
2023 $13,931 $1,203,008 $820,233 $382,775
2022 $13,745 $1,179,420 $804,150 $375,270
2021 $13,499 $1,156,295 $788,383 $367,912
2020 $13,297 $1,144,440 $780,300 $364,140
2019 $13,109 $1,122,000 $765,000 $357,000
2018 $5,788 $482,221 $337,695 $144,526
2016 $5,516 $463,498 $324,583 $138,915
2015 $5,397 $456,537 $319,708 $136,829
2014 $5,267 $447,595 $313,446 $134,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23002903

California Regional Multiple Listing Service (CRMLS)

APN: 7362-027-015