NOT LISTED FOR SALE

Estimated Value: $916,000 - $1,282,000

2 Beds
2 Baths
1,138 Sq Ft
$996/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $960,000 $844 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,824/month

47 Days on Market

Highlights

  • Floor Furnace
  • Torrance Elementary School Rated A-
  • 1-Story Property

About This Home

As of October 2017

SOLD PRICE IS FOR FOUR UNITS. ALL FOUR UNITS HAD TO BE SOLD TOGETHER. Property must be sold with 1917 218th Street. Two wonderful, circa duplexes side by side on two lots to make four units. Each unit has Living area, dining area, kitchen, one bed/bath and laundry. Lots of character and a larger lot. Newer Exterior Paint and Newer Roof. Great street in Old Torrance. Very long term tenants, so property is under-rented.

Last Agent to Sell the Property

Robin Page

The Real Estate Group License #01470701 Listed on: 07/20/2017

Last Buyer's Agent

Dipika Katara

License #01866969

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 5,329

Home Design

  • Duplex

Interior Spaces

  • 1,138 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Car Garage
  • On-Street Parking

Additional Features

  • 5,329 Sq Ft Lot
  • Floor Furnace

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7357-017-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

5,329 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1138
  • Stories: 1
  • Year Built: 1914
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 851.49

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 1 Car, On street

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 57287
  • Assessed Land Value: 371173
  • Assessor Parcel Number: 7357-017-017
  • Geocode Override: No
  • Lot Size Area: 5329

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 20.90
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Nov 24, 2017
Sold by
Castro Claudia
Bought by
Castro Claudia Y and Claudia Y Castro Trust
Seller's Agent
Robin Page
The Real Estate Group
Buyer's Agent
Dipika Katara
List Price
$969,000
Sold Price
$960,000
Premium/Discount to List
-$9,000
-0.93%
Current Estimated Value
$1,133,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,642
Avg. Annual Appreciation
2.00%

Purchase Details

Listed on
Jul 20, 2017
Closed on
Sep 22, 2017
Sold by
Beran David
Bought by
Castro Claudia
Seller's Agent
Robin Page
The Real Estate Group
Buyer's Agent
Dipika Katara
List Price
$969,000
Sold Price
$960,000
Premium/Discount to List
-$9,000
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$120,857
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$1,012,785

Purchase Details

Closed on
Jun 6, 2016
Sold by
Beran John T
Bought by
John T Beran & Robin D Page Revocable Tr

Purchase Details

Closed on
Dec 19, 2015
Sold by
Beran David
Bought by
Beran David and Paxson Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,862
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2003
Sold by
Beran David
Bought by
Beran David and Beran John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2003
Sold by
Baxter Donald Lee
Bought by
Beran David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2002
Sold by
Yu Wing Keung
Bought by
Yu Wing Keung and Yu Rebecca Chan
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
Castro Claudia Y -- None Available
Castro Claudia $528,000 Chicago Title Company
John T Beran & Robin D Page Revocable Tr -- None Available
Beran David -- None Available
Beran David -- --
Beran David $332,000 First American Title Co
Yu Wing Keung -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Claudia $145,000
Previous Owner Beran David $301,862
Previous Owner Beran David $265,000
Closed Beran David $33,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $960,000 -0.9% $844 / Sq Ft
07/20/2017 07/20/17 For Sale $969,000 -- $851 / Sq Ft
Source: The MLS

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 $10,331 $910,258 $654,249 $256,009
2024 $10,331 $892,411 $641,421 $250,990
2023 $10,139 $874,914 $628,845 $246,069
2022 $10,004 $857,760 $616,515 $241,245
2021 $9,828 $840,942 $604,427 $236,515
2019 $9,543 $816,000 $586,500 $229,500
2018 $9,246 $800,000 $575,000 $225,000
2017 $5,182 $437,028 $378,596 $58,432
2016 $5,059 $428,460 $371,173 $57,287
2015 $4,653 $395,185 $357,103 $38,082
2014 $4,540 $387,445 $350,108 $37,337
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-252566

The MLS

APN: 7357-017-017

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