NOT LISTED FOR SALE

1651 W 206th St Torrance, CA 90501

Harbor Gateway Neighborhood
20 Beds
10 Baths
8,976 Sq Ft
0.32 Acres

Last Sold May 14, 2015

Last sale price $1,925,000 $214 Per Sq Ft

7 Days on Market

Highlights

  • 0.32 Acre Lot
  • Laundry Room
  • Attached Carport

About This Home

As of May 2015

PRIDE OF OWNERSHIP. Well maintained. Two contiguous 6 unit buildings on a 14,000 sf lot. All 2 bedroom/1-1.5 bath units. This property is in the city of Los Angeles and is subject to rent control. NEW ROOF. All units have new cabinets and counter tops. Two laundry rooms. Security gate and Sentex entry system.

Last Agent to Sell the Property

David DeMiranda

David De Miranda License #00815471 Listed on: 03/03/2015

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x140
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 8,976 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 10 Bathrooms

Parking

  • 24 Parking Spaces
  • Attached Carport
  • Parking Available

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 24
  • Tax Tract Number 4983
  • Assessor Parcel Number 7351007023

Community Details

Overview

  • 2 Buildings
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,730
  • Insurance Expense $5,000
  • Maintenance Expense $10,500
  • Professional Management Expense $8,500
  • Trash Expense $5,037
  • Water Sewer Expense $6,396
  • New Taxes Expense $24,750
  • Gross Income $13,480
  • Net Operating Income $95,774

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • CapRate: 4.80
  • Professional Management Expense: 8500.00
  • Property Attached: Yes
  • Water Sewer Expenses: 6396.00
  • Property Type: Residential Income
  • Parcel Number: 7351007023
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 214.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 24.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 5037.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: 0-1 Unit/Acre, 11-15 Units/Acre
  • Lot Size: 100x140
  • Lot Size Sq Ft: 14008.00
  • Lot Size Acres: 0.3220

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 1730.00
  • Gross Income: 13480.00
  • Gross Multiplier: 12.24
  • Gross Scheduled Income: 161760.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 14008.0000 Square Feet
  • Maintenance Expense: 10500.00
  • Maintenance Percent: 6.00
  • Net Operating Income: 95774.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 12
  • Operating Expense: 59226.00
  • Operating Expense Percent: 36.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 24750.00
  • Tax Lot: 24
  • Tax Tract Number: 4983
  • Tax Year: 2014

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2015 05/14/15 Sold $1,925,000 -2.8% $214 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $1,980,000 -- $221 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David DeMiranda

    David De Miranda

  • N

    Buyer's Agent in 2015

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    3 in this area

    6,009 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15044915

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Torrance 90501 Harbor Gateway

1651 W 206th St, Torrance, CA

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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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