NOT LISTED FOR SALE

Estimated Value: $1,229,000 - $1,341,000

4 Beds
2 Baths
1,750 Sq Ft
$743/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $1,250,000 $714 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,820/month

6 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Front Yard
  • Torrance Elementary School Rated A-
  • Central Air
  • 1-Story Property

About This Home

As of March 2024

This duplex in “Old Torrance” Is ready to sell. The interior has been repainted and new floors have been installed among other upgrades. This property displays pride of ownership. Each unit has two bedrooms and one full bathroom. There is a 3-car garage with additional parking spot on the alley behind the units. Easy walk to Old Torrance Restaurants and bakery. Easy access to Freeway.

Last Agent to Sell the Property

Jack McSweeney

RE/MAX Nexus License #01027223 Listed on: 01/26/2024

Last Buyer's Agent

Michael Camello

Gold Shield Realty Group License #00882694

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,100 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 1 Open Parking Space
  • 3 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Central Air
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 16 / 19
  • Assessor Parcel Number 7357017019
  • $466 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Zoning: TORR-LM
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7357017019
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 714.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5100.00
  • Lot Size Acres: 0.1171

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Lot Size Area: 5100.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 19
  • Tax Census Tract: 6509.03
  • Tax Lot: 16
  • TaxOtherAnnualAssessmentAmount: 466.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Feb 7, 2024
Sold by
Mark G Lowell Trust
Bought by
Camello Aaron A and Camello Jacob Gennaro
Seller's Agent
Jack McSweeney
RE/MAX Nexus
Buyer's Agent
Michael Camello
Gold Shield Realty Group
List Price
$1,250,000
Sold Price
$1,250,000
Views
37
Current Estimated Value
$1,300,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,820
Avg. Annual Appreciation
2.19%
Original Mortgage
$1,000,000
Outstanding Balance
$982,591
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$318,229

Purchase Details

Closed on
Nov 4, 2010
Sold by
Lowell Mark G
Bought by
Lowell Mark G and The Mark G Lowell Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Camello Aaron A $1,250,000 Progressive Title Company
Lowell Mark G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camello Aaron A $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2024 03/06/24 Sold $1,250,000 0.0% $714 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $1,250,000 -- $714 / 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 $12,301 $1,275,000 $867,000 $408,000
2024 $12,301 $1,065,900 $759,900 $306,000
2023 $12,072 $1,045,000 $745,000 $300,000
2022 $4,271 $347,657 $216,427 $131,230
2021 $4,185 $340,841 $212,184 $128,657
2019 $4,066 $330,734 $205,892 $124,842
2018 $3,894 $324,250 $201,855 $122,395
2016 $3,707 $311,662 $194,018 $117,644
2015 $3,626 $306,981 $191,104 $115,877
2014 $3,542 $300,969 $187,361 $113,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV24015640

California Regional Multiple Listing Service (CRMLS)

APN: 7357-017-019