NOT LISTED FOR SALE

1652 Plaza Del Amo Unit C Torrance, CA 90501

Harbor Gateway Neighborhood

Estimated Value: $554,000 - $659,000

12 Beds
8 Baths
5,160 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $1,430,000 $277 Per Sq Ft

Current estimated payment $3,663/month

205 Days on Market

Highlights

  • No Units Above
  • Gated Community
  • Mediterranean Architecture
  • Primary Bedroom Suite
  • Wood Flooring
  • Granite Countertops

About This Home

As of May 2017

Fantastic opportunity to own a clean 4-unit building built in 2008 and NOT subject to the City of Los Angeles Rent Control Ordinance. All four units have three bedrooms and 2.5 baths configured as two duplex-style townhouse buildings with each unit sharing a single common wall. The first floor of each unit features the kitchen (granite counters and stainless steel appliances), a dining area, living room, laundry closet and powder room. The second floor has the three bedrooms and two baths, including a master suite with private bath. All of the units have central A/C and forced air heat. The complex is gated, with 2 parking spots plus guest parking. The units each have their own APN and HOA documents were established when they were built to be sold as townhomes (which the new owner could move forward on if so desired). This is a very special property with great rents - nothing close of a similar age for the price!

Last Agent to Sell the Property

Carol Olney

The Real Estate Professionals License #01220002 Listed on: 08/01/2016

Last Buyer's Agent

Janet Ma

Wetrust Realty License #01966733

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,933

Year Built

  • Built in 2008

Lot Details

  • 5,060 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • 7347009034,7347009035,7347009036

Home Design

  • Mediterranean Architecture
  • Quadruplex
  • Turnkey
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 5,160 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Living Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • Parking Available
  • Automatic Gate
  • Assigned Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot A
  • Tax Tract Number 4529
  • Assessor Parcel Number 7347009033

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $2,204
  • Insurance Expense $1,414
  • Other Expense $14,510
  • Water Sewer Expense $3,672
  • Operating Expense $21,800
  • Gross Income $8,340
  • Net Operating Income $78,280

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,933

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.40
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Gated Community
  • View: No
  • Water Sewer Expenses: 3672.00
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7347009033
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Interior Amenities: Balcony, Copper Plumbing Full, Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 277.13
  • Room Type: All Bedrooms Up, Jack & Jill, Living Room, Master Suite, Walk-In Closet

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Microwave
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 7347009034,7347009035,7347009036
  • Land Lease: No
  • Lot Size Sq Ft: 5060.00
  • Price Per Lot Square Foot: 280.04

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 2204.00
  • Gross Income: 8340.00
  • Gross Multiplier: 14.30
  • Gross Operating Income: 10080.00
  • Gross Scheduled Income: 100080.00
  • Insurance Expense: 1414.00
  • Net Operating Income: 78280.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Operating Expense: 21800.00
  • Other Expense: 14510.00
  • Other Expense Description: Prop Tax
  • Rent Control: No
  • Total Actual Rent: 8340.00
  • Total Expenses: 21800.00

Tax Info

  • Tax Lot: A
  • Tax Tract Number: 4529

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2022
Sold by
Ma Na
Bought by
Woch Llc
Current Estimated Value
$618,274

Purchase Details

Closed on
Dec 15, 2017
Sold by
Ma Na
Bought by
Woch Llc

Purchase Details

Closed on
Mar 17, 2017
Sold by
Li Tianyi
Bought by
Ma Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,800
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 7, 2017
Sold by
Banibashar Morteza and Banibashar Taheren
Bought by
Ma Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,800
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Woch Llc -- --
Woch Llc -- Chicago Title Company
Ma Na -- Chicago Title Company
Ma Na $338,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ma Na $202,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2017 05/24/17 Sold $1,430,000 -1.0% $277 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $1,445,000 0.0% $280 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $1,445,000 0.0% $280 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
12/15/2016 12/15/16 For Sale $1,445,000 0.0% $280 / Sq Ft
11/13/2016 11/13/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $1,445,000 -- $280 / 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 $4,933 $392,272 $212,036 $180,236
2024 $4,933 $384,581 $207,879 $176,702
2023 $4,763 $370,742 $152,015 $218,727
2022 $4,544 $363,474 $149,035 $214,439
2021 $4,484 $356,348 $146,113 $210,235
2020 $4,526 $352,695 $144,615 $208,080
2019 $4,420 $351,655 $190,081 $161,574
2018 $4,370 $344,760 $186,354 $158,406
2016 $3,608 $286,783 $136,853 $149,930
2015 $3,553 $282,476 $134,798 $147,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16168028

California Regional Multiple Listing Service (CRMLS)

APN: 7347-009-035