NOT LISTED FOR SALE

Estimated Value: $1,256,000 - $1,523,000

5 Beds
2 Baths
1,834 Sq Ft
$743/Sq Ft Est. Value

Sale Details

Date Sold: April 14, 2014

Last sale price $700,000 $382 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $8,324 / mo

133 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Bungalow
  • Edison Elementary School Rated A
  • Private Yard
  • 3-minute walk to El Nido Park

About This Home

As of April 2014

Two Detached Homes on one lot makes for an ideal duplex, complete with white picket fence. 2/1 in front and 3/1 in back. Both have yards, and 3 bedroom unit in the back also has a garage. Front unit has parking in front of home. Washer/Dryer hook-ups in front unit, Stackable W/D included in back unit. Well maintained and fully rented. Redondo Beach mailing address, however, part of City of Torrance, hence no City Transfer Tax. One block to El Nido Park and short distance to all the great local shopping like the Galleria.

Last Agent to Sell the Property

Camille Jasmin

Keller Williams Palos Verdes License #01163896 Listed on: 10/25/2013

Keller Williams Palos Verdes

Last Buyer's Agent

Grace Shih

California Custom Realty License #00975570

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 40x150
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Rectangular Lot
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 1,834 Sq Ft Home
  • Bungalow
  • Raised Foundation
  • Composition Roof

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Utilities

  • Wall Furnace
  • Sewer Paid

Additional Features

  • Stacked Washer and Dryer
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 50 / D
  • Tax Tract Number 6503
  • Assessor Parcel Number 4083007012

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $744
  • Maintenance Expense $1,000
  • Trash Expense $22
  • Water Sewer Expense $70
  • New Taxes Expense $8,000
  • Gross Income $3,495
  • Net Operating Income $29,352

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

6,000 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Ranges, Stackable Washer/Dryer in Back unit, all As-Is
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 70.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 4083007012
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Tile, Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 381.68
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Stackable, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 22.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Rectangular Lot, Yard
  • Lot Size: 40x150
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1380

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 835
  • Average3 Bed Area: 999
  • Gross Income: 3495.00
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 744.00
  • Lot Size Area: 6000.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 29352.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 10848.00
  • Rent Control: No
  • Total Actual Rent: 40200.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Block: D
  • Taxes Percent: 1.00
  • Tax Lot: 50
  • Tax Tract Number: 6503
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2013
Closed on
Mar 21, 2014
Sold by
Bought by
Seller's Agent
Camille Jasmin
Keller Williams Palos Verdes
Buyer's Agent
Grace Shih
California Custom Realty
List Price
$800,000
Sold Price
$700,000
Premium/Discount to List
-$100,000
-12.5%
Current Estimated Value
$1,362,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,984
Avg. Annual Appreciation
5.56%

Purchase Details

Closed on
May 8, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,970
Interest Rate
7.14%

Purchase Details

Closed on
Mar 13, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,970
Interest Rate
7.14%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Torrance, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$700,000 Fidelity National Title
$459,000 Gateway Title Company
$300,000 Fidelity National Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $260,000
Previous Owner $269,970
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/14/2014 04/14/14 Sold $700,000 -12.5% $382 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
10/25/2013 10/25/13 For Sale $800,000 -- $436 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,997 $858,092 $625,184 $232,908
2024 $9,833 $841,268 $612,926 $228,342
2023 $9,653 $824,773 $600,908 $223,865
2022 $9,524 $808,602 $589,126 $219,476
2021 $9,361 $792,748 $577,575 $215,173
2020 $9,222 $784,620 $571,653 $212,967
2019 $9,092 $769,237 $560,445 $208,792
2018 $8,790 $754,155 $549,456 $204,699
2016 $8,400 $724,872 $528,121 $196,751
2015 $8,218 $713,985 $520,189 $193,796
2014 $6,399 $553,138 $330,196 $222,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13218120

California Regional Multiple Listing Service (CRMLS)

APN: 4083-007-012

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