NOT LISTED FOR SALE

18346 Roslin Ave Torrance, CA 90504

North Torrance Neighborhood
7 Beds
5 Baths
3,661 Sq Ft
6,753 Sq Ft Lot

Last Sold August 01, 2023

Last sale price $1,370,000 $374 Per Sq Ft

6 Days on Market

Highlights

  • 4 Car Direct Access Garage
  • Park
  • Rectangular Lot
  • Edison Elementary School Rated A-
  • Laundry Room

About This Home

As of August 2023

Great opportunity to own a duplex property in North Torrance since you don't find many duplex properties in Torrance! The subject property is conveniently located in North Torrance where the rent demand remains always strong! The front unit (1,228sf) has spacious 3 bedrooms / 2 bathrooms / 2-car garage and the tenant is currently paying $2,800 per month. The unit in the back is a separate 2-story house which consists of 4 bedrooms upstairs and 2.5 bathrooms. The unit has about 2,400 sf living space and the current tenant pays $3,500 per month. With a little bit of upgrades, this property will be shine and stand out from other properties in the area. The asking price per square feet is only $377 per sf which is also below the average market price. Property highlights:*** A few steps to Columbia Park, one of the largest recreational parks in South Bay *** 10 minutes drive to Redondo Beach *** 15 minutes to Los Angeles International Airport *** Potential to generate over 5% CAP rate *** Rare opportunity to own 4-bedroom unit (Perfect fit for a large family and Market rent should be at least $4,500 per month) *** Great school district (North High School has a rating of 8/10) *** Walking distance to middle school and high school *** Close proximity to Del Amo Shopping Center and many other retail shopping centers.

Last Agent to Sell the Property

Ki Kim

Solidon Real Estate, Inc License #01997512 Listed on: 06/14/2023

Last Buyer's Agent

Noel Meehan

Century 21 Union Realty License #01913847

Century 21 Union Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,753 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage

Home Design

  • Duplex

Interior Spaces

  • 3,661 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 77
  • Tax Tract Number 15933
  • Assessor Parcel Number 4084018010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,080
  • Insurance Expense $1,424
  • Water Sewer Expense $2,347
  • New Taxes Expense $17,400
  • Operating Expense $22,251
  • Gross Income $74,400
  • Net Operating Income $52,149

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 310-800-7004
  • Price Per Unit: 690000
  • Property Attached: No
  • Water Sewer Expenses: 2347.00
  • Zoning: TORR-LM
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 4084018010
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: Main
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room
  • Levels: Two
  • Price Per Square Foot: 374.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Side
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Rectangular Lot
  • Lot Size Sq Ft: 6753.00
  • Lot Size Acres: 0.1550

Multi Family

  • Gross Income: 74400.00
  • Gross Scheduled Income: 74400.00
  • Insurance Expense: 1424.00
  • Lot Size Area: 6753.0000 Square Feet
  • Net Operating Income: 52149.00
  • 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
  • Operating Expense: 22251.00
  • Rent Control: No
  • Total Actual Rent: 6300.00
  • Total Expenses: 22251.00

Tax Info

  • New Taxes Expense: 17400.00
  • Tax Census Tract: 6503.00
  • Tax Lot: 77
  • Tax Tract Number: 15933

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $1,370,000 -0.7% $374 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $1,380,000 0.0% $377 / Sq Ft
04/10/2014 04/10/14 Rented $3,000 0.0% --
04/10/2014 04/10/14 For Rent $3,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ki Kim

    Seller's Agent in 2023

    Ki Kim

    Solidon Real Estate, Inc

    (310) 800-7004

    1 in this area

    15 Total Sales

    Ki Kim
    Section Image
  • Noel Meehan

    Buyer's Agent in 2023

    Noel Meehan

    Century 21 Union Realty

    (562) 264-9208

    2 in this area

    48 Total Sales

    Noel Meehan
    Section Image
  • Alicia Enrique

    Seller's Agent in 2014

    Alicia Enrique

    Keller Williams Palos Verdes

    (310) 720-4852

    29 Total Sales

    Alicia Enrique
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23105700

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Torrance 90504 North Torrance

18346 Roslin Ave, Torrance, CA

This home is located at 18346 Roslin Ave, Torrance, CA 90504 since 14 June 2023. This property was built in 1949. 18346 Roslin Ave is a home located in Los Angeles County with nearby schools including Edison Elementary School, Philip Magruder Middle School, and North High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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