$500,000
SOLD JAN 15, 2019
2 Beds
1 Bath
1,163 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$430 Per Sq Ft

7% Below List Price

79 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Private Yard
  • Wooded Lot
  • Main Floor Bedroom
  • No HOA

About This Home

As of January 2019

First time on the market in 60 years! This darling 2-bedroom 1-bathroom South-facing home is perfect for the first-time home buyer or down-sizer. This home displays charm and character with ample sized family and living rooms, open galley kitchen, freshly painted interior, brand-new carpeting in the living and family rooms, and original hardwood floors in both bedrooms. Sprawling 7,000sf lot making it easy to increase the footprint of the home, or remodel and expand on the converted garage with plenty of yard left to entertain. Drive-through Starbucks around the corner on your way to work, or take a quick stroll to historic Old Torrance to enjoy coffee and pastries at the iconic Old Torrance Bakery, dinner at Madres or The Local Kitchen. Centrally located to freeways, schools, shopping and eateries - with a Walk Score of 82. A fabulous home at a very affordable price point!

Last Agent to Sell the Property

Roma Barba

Compass License #01359711 Listed on: 10/17/2018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,228

Year Built

  • Built in 1944

Lot Details

  • 7,000 Sq Ft Lot
  • South Facing Home
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR1

Interior Spaces

  • 1,163 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room
  • Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Parking

  • Parking Available
  • Driveway

Accessible Home Design

  • Ramp on the main level
  • Accessible Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 4983
  • Assessor Parcel Number 7349015028

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,228

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: Refrigerator, Range/Oven, Microwave
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR1
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7349015028
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1163.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Wood
  • Accessibility Features: Parking, Ramp - Main Level
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room, Separated
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 429.92
  • Room Type: Entry, Family Room, Galley Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Bathroom Features: Shower, Exhaust Fan(s)

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Patio And Porch Features: Covered, Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Gas Range, Refrigerator, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Level with Street, Near Public Transit, Treed Lot, Yard
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2932.01
  • Tax Lot: 11
  • Tax Tract Number: 4983

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2020
Sold by
Kim Donney H and Kim Kang Joo
Bought by
Grace Don & Kj Llc
Current Estimated Value
$917,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,067,336
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$150,168

Purchase Details

Listed on
Oct 17, 2018
Closed on
Jan 8, 2019
Sold by
Vega Arthur and Martinez Anna Maria
Bought by
Vega Carlos Armando and Witherington Gloria
Seller's Agent
Roma Barba
Compass
List Price
$539,000
Sold Price
$500,000
Premium/Discount to List
-$39,000
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$350,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2018
Closed on
Dec 17, 2018
Sold by
Witherington Gloria and Vega Carlos Armando
Bought by
Kim Donney H and Kim Kang Joo
Seller's Agent
Roma Barba
Compass
List Price
$539,000
Sold Price
$500,000
Premium/Discount to List
-$39,000
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2011
Sold by
Vega Esther Acero
Bought by
Fuller Anita and Vega Carlos Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
4.05%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 22, 2011
Sold by
Fuller Anita and Vega Carlos Armando
Bought by
Vega Esther Acero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
4.05%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 8, 2001
Sold by
Vega Esther A
Bought by
Vega Esther Acero and The Esther Acero Vega Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed -- Chicago Title Company
Interfamily Deed Transfer -- Progressive Title Company
Grant Deed $500,000 Progressive Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 Commercial
Previous Owner $350,000 New Conventional
Previous Owner $427,500 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Rented $2,500 0.0% --
04/09/2019 04/09/19 Under Contract -- -- --
03/27/2019 03/27/19 For Rent $2,500 0.0% --
01/15/2019 01/15/19 Sold $500,000 -3.7% $430 / Sq Ft
12/05/2018 12/05/18 Price Changed $519,000 -3.7% $446 / Sq Ft
09/22/2018 09/22/18 For Sale $539,000 -- $463 / 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 $9,228 $731,267 $423,894 $307,373
2024 $9,228 $716,930 $415,583 $301,347
2023 $9,052 $702,874 $407,435 $295,439
2022 $8,642 $689,094 $399,447 $289,647
2021 $8,443 $515,283 $391,615 $123,668
2020 $6,622 $510,000 $387,600 $122,400
2019 $6,545 $515,100 $341,700 $173,400
2018 $1,209 $77,010 $38,325 $38,685
2016 $1,141 $74,022 $36,838 $37,184
2015 $1,123 $72,911 $36,285 $36,626
2014 $1,130 $71,484 $35,575 $35,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18273233

California Regional Multiple Listing Service (CRMLS)

APN: 7349-015-028