NOT LISTED FOR SALE

Estimated Value: $1,072,896 - $1,310,000

3 Beds
3 Baths
1,570 Sq Ft
$752/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $1,100,000 $701 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,201/month

119 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • No HOA
  • Torrance Elementary School Rated A-
  • Lawn
  • Home Office

About This Home

As of September 2022

You’ll know that you are home as you drive down the charming tree lined street in this cozy neighborhood located in Old Torrance. A grassy yard graces the front unit of this classic craftsman style duplex featuring 2 bedrooms plus bonus room, 2 bathrooms, built-ins, hardwood & carpet flooring, french doors, and original round fireplace. Just past the interior yard, the detached rear unit consists of 1 bedroom and 1 bath. On the alley there is a 2 car garage and an adjacent outdoor parking space. Enjoy the warm southern California breezes on the front porch swing or entertain around the firepit in the backyard, this light filled duplex has it all. What a great opportunity for an investor or owner-user looking to offset their mortgage with rental income - either long-term or maximizing with short-term rentals like Airbnb or VRBO.

Last Agent to Sell the Property

Nicole Peters

Strand Hill Properties License #01906239 Listed on: 04/18/2022

Co-Listed By

Rola Benson

Strand Hill Properties License #02097671

Last Buyer's Agent

Jamie Waryck

The Agency License #01898871

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,080 Sq Ft Lot
  • Lot Dimensions are 40x127
  • No Common Walls
  • Landscaped
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Craftsman Architecture
  • Shingle Roof

Interior Spaces

  • 1,570 Sq Ft Home
  • French Doors
  • Living Room with Fireplace
  • Home Office

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 5 / 34
  • Tax Tract Number 7357
  • Assessor Parcel Number 7357015005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: TORR-LM
  • Architectural Style: Craftsman
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7357015005
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1570.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 700.64
  • Room Type: Kitchen, Living Room, Office

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn
  • Lot Size: 40x127
  • Lot Size Sq Ft: 5080.00
  • Lot Size Acres: 0.1166

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5080.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 34
  • Tax Census Tract: 6509.03
  • Tax Lot: 5
  • Tax Tract Number: 7357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Aug 24, 2022
Sold by
Scott And Ruth Edwards Living Trust
Bought by
Obear Family Trust
Seller's Agent
Nicole Peters
Strand Hill Properties
Buyer's Agent
Jamie Waryck
The Agency
List Price
$1,120,000
Sold Price
$1,100,000
Premium/Discount to List
-$20,000
-1.79%
Views
17
Current Estimated Value
$1,179,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,974
Avg. Annual Appreciation
2.14%
Original Mortgage
$880,000
Outstanding Balance
$837,509
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$342,465

Purchase Details

Closed on
Dec 11, 2015
Sold by
Edwards Scott R and Edwards Ruth V
Bought by
The Scott & Ruth Edwards Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,200
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2008
Sold by
Edwards Scott T and Edwards Ruth V
Bought by
Edwards Scott T and Edwards Ruth V

Purchase Details

Closed on
Aug 31, 2001
Sold by
Lodovici Joe and Lodovici Jeanette
Bought by
Edwards Scott T and Edwards Ruth V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
6.91%

Purchase Details

Closed on
Oct 7, 1999
Sold by
Carroll Timothy J
Bought by
Lodovici Joe and Lodovici Jeanette

Purchase Details

Closed on
Sep 28, 1999
Sold by
Carroll Timothy J
Bought by
Carroll Timothy J and Caesar Karen

Purchase Details

Closed on
Mar 11, 1996
Sold by
Carroll Jodee
Bought by
Carroll Michelle W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
7.05%

Purchase Details

Closed on
Mar 7, 1996
Sold by
Carroll Timothy J and Carroll Michael W
Bought by
Carroll Michael W and Carroll Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
7.05%
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
Obear Family Trust $1,100,000 Usa National Title
The Scott & Ruth Edwards Living Trust -- None Available
Edwards Scott T -- None Available
Edwards Scott T -- None Available
Edwards Scott T $370,000 Gateway Title Company
Lodovici Joe $277,500 Stewart Title
Carroll Timothy J -- Stewart Title
Carroll Michelle W -- Chicago Title Co
Carroll Michael W -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obear Family Trust $880,000
Previous Owner Edwards Scott T $420,200
Previous Owner Edwards Scott T $259,000
Previous Owner Carroll Michael W $151,200
Closed Edwards Scott T $92,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2022 09/29/22 Sold $1,100,000 -1.8% $701 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/21/2022 07/21/22 Price Changed $1,120,000 0.0% $713 / Sq Ft
07/21/2022 07/21/22 For Sale $1,120,000 +1.8% $713 / Sq Ft
05/23/2022 05/23/22 Off Market $1,100,000 -- --
04/18/2022 04/18/22 For Sale $1,099,000 -- $700 / 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 $12,892 $1,144,440 $884,340 $260,100
2024 $12,892 $1,122,000 $867,000 $255,000
2023 $12,651 $1,100,000 $850,000 $250,000
2022 $6,188 $515,058 $417,621 $97,437
2021 $6,073 $504,960 $409,433 $95,527
2020 $5,983 $499,783 $405,235 $94,548
2019 $5,899 $489,985 $397,290 $92,695
2018 $5,704 $480,378 $389,500 $90,878
2016 $5,447 $461,726 $374,376 $87,350
2015 $5,328 $454,791 $368,753 $86,038
2014 $5,197 $445,883 $361,530 $84,353
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22075792

California Regional Multiple Listing Service (CRMLS)

APN: 7357-015-005