NOT LISTED FOR SALE

Estimated Value: $1,291,000 - $1,424,000

4 Beds
4 Baths
2,048 Sq Ft
$656/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $905,000 $442 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,258/month

6 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Front Porch
  • Edison Elementary School Rated A-
  • Balcony
  • Open Patio

About This Home

As of September 2019

Great Investment Opportunity! 2-Unit building. Excellent rental history and units lease-up quickly! Each home is a two-bedroom, one and one-half bathroom unit with a two-car garage (18509) and one car garage (18507). 18507: This unit has just been newly upgraded with new carpet, new tile flooring, new bathroom tile flooring, new interior repainting, and new kitchen cabinets and appliances faucets. The home has washer and dryer hookups along with a 2nd floor porch located off the main bedroom and a small front and backyard. The kitchen area has a new stainless steel appliances (i.e. dishwasher, stove/oven, vent hood) and a garbage disposal. The front and backyards are fenced and the side yard area. 18509: This unit has recently been upgraded with new carpet, and within the last couple of years tile flooring, bathroom tile flooring, and kitchen cabinets and appliances. The home has washer and dryer hookups along with a 2nd floor porch located off the main bedroom and a small front and backyard. The kitchen area has a fairly updated appliances (i.e. dishwasher, stove/oven, vent hood) and a garbage disposal. The front and backyards are fenced and the side yard area. Fast turnover time between vacancies aided by an attentive property management company! PROPERTY SOLD AS TRUE "AS-IS". OWNERSHIP (TRUST) WILL NOT AGREE TO ANY REPAIRS.

Last Agent to Sell the Property

Jon Grogan

Vista Sotheby’s International Realty License #01928013 Listed on: 07/31/2019

Vista Sotheby’s International Realty

Last Buyer's Agent

Jon Grogan

Vista Sotheby’s International Realty License #01928013 Listed on: 07/31/2019

Vista Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,217

Year Built

  • Built in 1972

Lot Details

  • 4,503 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Rectangular Lot
  • Back and Front Yard

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Parking Available

Home Design

  • Duplex
  • Flat Roof Shape

Interior Spaces

  • 2,048 Sq Ft Home
  • Ceiling Fan
  • Family Room

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Granite Bathroom Countertops

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Open Patio
  • Front Porch

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 40 / B
  • Assessor Parcel Number 4083004023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,217

Year Built

Built in 1972

Lot Details

0

Parking

3

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Zoning: TORR-LM
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4083004023
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2048.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 441.89
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Master Bathroom
  • Bathroom Features: Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio Open, Front Porch
  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Torrance Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 4503.00
  • Lot Size Acres: 0.1034

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4503.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: B
  • Tax Census Tract: 6503.00
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Aug 9, 2019
Sold by
Ng Stuart and The M G Kido Trust
Bought by
Aiad Meream
Seller's Agent
Jon Grogan
Vista Sotheby’s International Realty
Buyer's Agent
Jon Grogan
Vista Sotheby’s International Realty
List Price
$799,000
Sold Price
$905,000
Premium/Discount to List
$106,000
13.27%
Current Estimated Value
$1,344,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,043
Avg. Annual Appreciation
6.03%
Original Mortgage
$814,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2010
Sold by
Kido May G
Bought by
Kido May G and The M G Kido Trust
Source: Public Records

Range of Values:

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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
Aiad Meream $905,000 North American Title
Kido May G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aiad Meream $799,000
Closed Aiad Meream $814,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2019 09/13/19 Sold $905,000 +13.3% $442 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $799,000 -11.7% $390 / Sq Ft
07/31/2019 07/31/19 Off Market $905,000 -- --
07/31/2019 07/31/19 For Sale $799,000 -- $390 / 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 $11,217 $989,746 $497,607 $492,139
2024 $11,217 $970,340 $487,850 $482,490
2023 $11,008 $951,315 $478,285 $473,030
2022 $10,861 $932,662 $468,907 $463,755
2021 $10,674 $914,375 $459,713 $454,662
2020 $10,513 $905,000 $455,000 $450,000
2019 $4,771 $388,224 $247,828 $140,396
2018 $4,627 $380,613 $242,969 $137,644
2016 $4,409 $365,835 $233,535 $132,300
2015 $4,314 $360,341 $230,028 $130,313
2014 $4,213 $353,284 $225,523 $127,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19181056

California Regional Multiple Listing Service (CRMLS)

APN: 4083-004-023