NOT LISTED FOR SALE

2003 Andreo Ave Torrance, CA 90501

East Torrance Neighborhood

Estimated Value: $1,053,000 - $1,302,000

3 Beds
2 Baths
1,387 Sq Ft
$821/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $900,000 $649 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,820/month

4 Days on Market

About This Home

As of August 2021

2 units. One face Andreo Ave. This is has large living room, new 30 years roof and laundry area in kitchen . One unit face 220 st. This one has new carpet, new vanity, new toilet, new paint inside. It is very cute and moving condition. This is great corner lot. rent it now build later.

Last Agent to Sell the Property

jenny lin

Reliable Investment Co. License #00852821 Listed on: 06/21/2021

Last Buyer's Agent

Andrew An

Keller Williams South Bay License #01980020

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,867 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,387 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Standard Electricity

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 001 / 41
  • Tax Tract Number 5568
  • Assessor Parcel Number 7357014001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $1,560
  • Water Sewer Expense $1,811
  • Operating Expense $4,264
  • Gross Income $51,000
  • Net Operating Income $43,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1811.00
  • Zoning: TORR-LM
  • Property Type: Residential Income
  • Parcel Number: 7357014001
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 648.88

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 1560.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5867.00
  • Lot Size Acres: 0.1347

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 51000.00
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5867.0000 Square Feet
  • Net Operating Income: 43350.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 7650.00
  • Operating Expense Percent: 15.00
  • Rent Control: No
  • Total Expenses: 4264.00

Tax Info

  • Tax Block: 41
  • Tax Census Tract: 6509.02
  • Tax Lot: 001
  • Tax Tract Number: 5568

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $900,000 +2.9% $649 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $875,000 -- $631 / 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 $10,840 $955,087 $689,785 $265,302
2024 $10,840 $936,360 $676,260 $260,100
2023 $10,639 $918,000 $663,000 $255,000
2022 $10,497 $900,000 $650,000 $250,000
2021 $5,354 $439,992 $368,071 $71,921
2020 $5,276 $435,481 $364,297 $71,184
2019 $5,202 $426,943 $357,154 $69,789
2018 $5,008 $418,572 $350,151 $68,421
2016 $4,781 $402,320 $336,555 $65,765
2015 $4,678 $396,278 $331,500 $64,778
2014 $4,565 $388,517 $325,007 $63,510
Source: Public Records

Agents Affiliated with this Home

  • j

    Seller's Agent in 2021

    jenny lin

    Reliable Investment Co.

    (310) 500-5678

    1 in this area

    3 Total Sales

    jenny lin
    Section Image
  • Andrew An

    Buyer's Agent in 2021

    Andrew An

    Keller Williams South Bay

    (818) 531-8838

    1 in this area

    21 Total Sales

    Andrew An
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21134500

California Regional Multiple Listing Service (CRMLS)

APN: 7357-014-001

California Los Angeles County Torrance 90501 East Torrance

2003 Andreo Ave, Torrance, CA

Not Listed for Sale

MultiFamily

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