NOT LISTED FOR SALE

Estimated Value: $1,089,000 - $1,274,498

5 Beds
3 Baths
1,706 Sq Ft
$679/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $900,000 $528 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,347/month

185 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • No HOA
  • J. H. Hull Middle School Rated A-
  • Granite Countertops
  • Front Porch

About This Home

As of December 2022

Duplex that needs some “TLC”/work in wonderful area of Old Torrance with walking distance to Torrance High School and downtown Old Torrance. The front house, in move-in condition, is a 3 bed/2 bath home with wood cabinets, granite counters, laminate wood flooring throughout, mirror wardrobe doors in bedrooms, front and rear covered decks, new roof and an attached single-car garage with roll-up door. The detached occupied rear unit has 1 spacious bedroom with a full bathroom, mirror wardrobe doors, laminate wood flooring throughout, wood style laminate kitchen cabinets with granite counters and a cozy desk/work space/dining area. Plenty of parking, large front and shared rear yard, and laundry hookups for both units. Great investment opportunity to earn passive rental income from both units, live in one and rent the other, or live in both – great for multigenerational living. Do not miss this incredible opportunity to make the perfect investment!

Last Agent to Sell the Property

Bill Mulkey

TR Wealth Management Inc. License #00986020 Listed on: 05/27/2022

Last Buyer's Agent

Bill Mulkey

TR Wealth Management Inc. License #00986020 Listed on: 05/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,620

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 5,101 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Flat Roof Shape
  • Partial Copper Plumbing

Interior Spaces

  • 1,706 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Living Room
  • Dining Room
  • City Lights Views

Kitchen

  • Free-Standing Range
  • Range Hood
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 21 / 40
  • Tax Tract Number 9340
  • Assessor Parcel Number 7357019021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,620

Year Built

Built in 1922 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7357019021
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1706.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial, Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 527.55
  • Room Type: Living Room
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Water Heater, Range Hood
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Torrance Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5101.00
  • Lot Size Acres: 0.1171

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5101.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 40
  • Tax Lot: 21
  • Tax Tract: 21
  • Tax Tract Number: 9340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2024
Sold by
Mancheno Patricia
Bought by
Mancheno Living Trust and Mancheno
Current Estimated Value
$1,157,625

Purchase Details

Listed on
May 27, 2022
Closed on
Dec 14, 2022
Sold by
2020 Andreo Llc
Bought by
Mancheno Patricia E
Seller's Agent
Bill Mulkey
TR Wealth Management Inc.
Buyer's Agent
Bill Mulkey
TR Wealth Management Inc.
List Price
$1,100,000
Sold Price
$900,000
Premium/Discount to List
-$200,000
-18.18%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$883,698
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2020
Sold by
Hayase Elliott D and Leach Stacie Hayase
Bought by
2020 Andreo Llc

Purchase Details

Closed on
Nov 2, 2019
Sold by
Hayase Elliott D and Hayase George
Bought by
Hayase Elliott D and Leach Stacie Hayase

Purchase Details

Listed on
Apr 3, 2015
Closed on
May 4, 2015
Sold by
West Ridge Rentals Llc
Bought by
Hayase George and The George & Isabelle Hayase 2
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Gary Comstock
Prime Properties
List Price
$700,000
Sold Price
$720,000
Premium/Discount to List
$20,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
Nov 6, 2014
Sold by
Lindo Pedro Santiago and Lindo Gladys
Bought by
West Ridge Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.82%
Mortgage Type
Unknown

Purchase Details

Closed on
May 13, 2005
Sold by
Socash Coral C
Bought by
Lindo Pedro Santiago and Lindo Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2004
Sold by
Ventre Karen
Bought by
Socash Coral C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2004
Sold by
Socash Coral C
Bought by
Ventre Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
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
Mancheno Living Trust -- None Listed On Document
Mancheno Patricia E $900,000 Fidelity National Title
2020 Andreo Llc -- First American Title Co La
Hayase Elliott D -- None Available
Hayase George $720,000 Title 365
West Ridge Rentals Llc $538,000 Accommodation
Lindo Pedro Santiago $710,000 New Century Title
Socash Coral C $550,000 Ticor Title Insurance Compan
Socash Coral C -- Ticor Title Insurance Compan
Ventre Karen L -- Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mancheno Patricia E $890,501
Previous Owner Mancheno Patricia E $883,698
Previous Owner West Ridge Rentals Llc $0
Previous Owner West Ridge Rentals Llc $90,700
Previous Owner West Ridge Rentals Llc $21,000
Previous Owner Lindo Pedro Santiago $70,000
Previous Owner Lindo Pedro Santiago $568,000
Previous Owner Socash Coral C $440,000
Closed Socash Coral C $110,000
Closed Lindo Pedro Santiago $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $900,000 -18.2% $528 / Sq Ft
09/27/2022 09/27/22 For Sale $1,100,000 +22.2% $645 / Sq Ft
09/26/2022 09/26/22 Off Market $900,000 -- --
07/14/2022 07/14/22 Price Changed $1,100,000 -4.3% $645 / Sq Ft
05/27/2022 05/27/22 For Sale $1,150,000 +59.7% $674 / Sq Ft
05/06/2015 05/06/15 Sold $720,000 +2.9% $422 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $700,000 -- $410 / 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 $12,620 $1,123,632 $780,300 $343,332
2024 $12,620 $1,101,600 $765,000 $336,600
2023 $12,461 $1,080,000 $750,000 $330,000
2022 $9,576 $815,414 $645,539 $169,875
2021 $9,325 $799,427 $632,882 $166,545
2020 $9,185 $791,231 $626,393 $164,838
2019 $9,053 $775,717 $614,111 $161,606
2018 $8,759 $760,508 $602,070 $158,438
2016 $8,369 $730,979 $578,692 $152,287
2015 $7,711 $670,000 $500,000 $170,000
2014 -- $807,330 $761,850 $45,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22113478

California Regional Multiple Listing Service (CRMLS)

APN: 7357-019-021