NOT LISTED FOR SALE

1652 W 226th St Torrance, CA 90501

Harbor Gateway Neighborhood
12 Beds
6 Baths
3,744 Sq Ft
7,204 Sq Ft Lot

Last Sold July 13, 2016

Last sale price $990,000 $264 Per Sq Ft

24 Days on Market

About This Home

As of July 2016

Take advantage of this amazing opportunity in Torrance (subject to rent control)! This property features (6) 2 bedroom, 1 bath units, each with 2 parking spaces (tandem) for only $165,833 per unit. This property has been well maintained and includes on-site laundry facilities. The property is conveniently located off the 110 freeway and is close to Torrance airport, Del Amo Fashion Center, and UCLA Harbor Medical Center. This investment opportunity will not last long.

Last Agent to Sell the Property

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 04/29/2016

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Woody Stahl

Lyon Stahl Investment Real Est License #01399621

Last Buyer's Agent

Alya Lucas

Realty Works, Inc. License #01721029

Realty Works, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,204 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Home Design

  • 3,744 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 396
  • Tax Tract Number 4529
  • Assessor Parcel Number 7347010002

Community Details

Overview

  • 6 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $1,200
  • Fuel Expense $1,200
  • Insurance Expense $2,521
  • Professional Management Expense $3,898
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $12,438
  • Operating Expense $27,196
  • Gross Income $6,497
  • Net Operating Income $48,433

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Professional Management Expense: 3898.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 7347010002
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 264.42

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7204.00
  • Price Per Lot Square Foot: 137.42
  • Lot Size Acres: 0.1650

Multi Family

  • Electric Expense: 1200.00
  • Fuel Expense: 1200.00
  • Gross Income: 6497.00
  • Gross Scheduled Income: 77968.00
  • Insurance Expense: 2521.00
  • Lot Size Area: 7204.0000 Square Feet
  • Net Operating Income: 48433.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 27196.00
  • Rent Control: Yes
  • Total Expenses: 27196.00

Tax Info

  • New Taxes Expense: 12438.00
  • Tax Lot: 396
  • Tax Tract Number: 4529

Range of Values:

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Sold Price
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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
07/13/2016 07/13/16 Sold $990,000 -0.5% $264 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $995,000 -- $266 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brett Lyon

    Seller's Agent in 2016

    Brett Lyon

    Lyon Stahl Investment Real Estate, Inc.

    (310) 780-1899

    2 in this area

    146 Total Sales

    Brett Lyon
    Section Image
  • Woody Stahl

    Seller Co-Listing Agent in 2016

    Woody Stahl

    Lyon Stahl Investment Real Est

    (310) 710-3829

    2 in this area

    155 Total Sales

    Woody Stahl
    Section Image

  • A

    Buyer's Agent in 2016

    Alya Lucas

    Realty Works, Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16089976

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

1652 W 226th 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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