NOT LISTED FOR SALE

2031 Andreo Ave Torrance, CA 90501

East Torrance Neighborhood

Estimated Value: $1,203,000 - $1,436,549

4 Beds
4 Baths
2,096 Sq Ft
$606/Sq Ft Est. Value

Last Sold September 29, 2015

Last sale price $1,000,000 $477 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,832/month

57 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Laundry Room
  • J. H. Hull Middle School Rated A-
  • No HOA
  • Central Air

About This Home

As of September 2015

Captivating detached duplex with new construction (late 2014) brings top tier rents in a desirable residential neighborhood with good schools. Craftsman style exterior with wood paneling and white trim. Front 2 bd/1.5 ba unit retains original 1912 craftsman details including crown molding, molded door frames, breakfast nook, front porch, hardwood floors and raised foundation, while featuring upgraded granite kitchen counters, stainless steel appliances, main bath and laundry room with storage. The spacious back unit was built in late 2014 and has that Wow! factor. Impressive 15 foot high ceilings, tastefully designed 2 bedrooms and 2 baths, central forced heating and air conditioning, tankless water heater, granite kitchen counters, stainless steel appliances, tile, wood grain laminate floors, laundry room, storage room, light and bright. This incredible property is newly landscaped (2015) , with a large front yard and gated grass area between the units. Blocks to downtown Torrance, shops and restaurants. Blocks to Wilson Park and weekly Farmer’s Market. Four dedicated parking spaces (2 garage, 2 carport) with ample street parking. Included in both units: refrigerators, ovens/ranges, dishwashers and microwaves. Rare investment opportunity.

Last Agent to Sell the Property

Diane Stone

Compass License #01823115 Listed on: 07/08/2015

Compass

Last Buyer's Agent

Dan Mullin

Estate Properties License #00942878

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,377

Year Built

  • Built in 2014

Lot Details

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

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Craftsman Architecture
  • Composition Roof

Interior Spaces

  • 2,096 Sq Ft Home
  • 2-Story Property
  • Family Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 6509
  • Assessor Parcel Number 7357014008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $2,000
  • Insurance Expense $698
  • Trash Expense $475
  • Water Sewer Expense $1,425
  • Gross Income $4,965
  • Net Operating Income $55,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,377

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Inclusions: In both units: Ovens/Ranges, Microwaves, refrigerators,and dishwashers
  • Property Attached: No
  • Water Sewer Expenses: 1425.00
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Gardener Expense: 2000.00
  • Parcel Number: 7357014008
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 477.10
  • Room Type: Family Room

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Cooktop, Microwave, Refrigerator
  • Laundry Features: Gas Dryer Hookup
  • Trash Expense: 475.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5101.00
  • Price Per Lot Square Foot: 196.04
  • Lot Size Acres: 0.1170

Multi Family

  • Gross Income: 4965.00
  • Gross Scheduled Income: 59580.00
  • Insurance Expense: 698.00
  • Lot Size Area: 5101.0000 Square Feet
  • Net Operating Income: 55680.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3900.00
  • Rent Control: No
  • Total Actual Rent: 4965.00

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 6509

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2015
Closed on
Sep 21, 2015
Sold by
Prentice Todd Edward
Bought by
Vitale Jamie Sue and The Jamie Sue Vitale Trust
Seller's Agent
Diane Stone
Compass
Buyer's Agent
Dan Mullin
Estate Properties
List Price
$1,195,000
Sold Price
$1,000,000
Premium/Discount to List
-$195,000
-16.32%
Current Estimated Value
$1,270,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,637
Avg. Annual Appreciation
2.41%

Purchase Details

Listed on
Jul 8, 2015
Closed on
Sep 9, 2015
Sold by
Archer Benjamin W and Archer Melanie M
Bought by
Vitale Jamie Sue and Jamie Sue Vitale Trust
Seller's Agent
Diane Stone
Compass
Buyer's Agent
Dan Mullin
Estate Properties
List Price
$1,195,000
Sold Price
$1,000,000
Premium/Discount to List
-$195,000
-16.32%

Purchase Details

Closed on
Mar 3, 2015
Sold by
Archer Benjamin W and Archer Melanie M
Bought by
Archer Benjamin W and Archer Melanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2013
Sold by
Archer Melanie M and Archer Benjamin W
Bought by
Archer Benjamin W and Archer Melanie M

Purchase Details

Closed on
Sep 18, 2012
Sold by
Spierer Steven F and Spierer Phyllis J
Bought by
Archer Melanie M and Archer Benjamin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,963
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2011
Sold by
Adatto Cesar D and Adatto Shira E
Bought by
Archer Melanie M and Archer Benjamin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,885
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2004
Sold by
Boyd Tina M
Bought by
Adatto Cesar D and Adatto Shira E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2000
Sold by
Bradley Brian C and Bradley Roxanne D
Bought by
Boyd Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.37%
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
Vitale Jamie Sue -- Fidelity National Title Co
Vitale Jamie Sue $1,000,000 Fidelity National Title Co
Archer Benjamin W -- Progressive
Archer Benjamin W -- Progressive
Archer Benjamin W -- None Available
Archer Melanie M -- Chicago Title Company
Archer Melanie M $399,000 Orange Coast Title
Adatto Cesar D $479,000 Fatcola
Boyd Tina M $255,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Archer Benjamin W $520,000
Previous Owner Archer Melanie M $380,963
Previous Owner Archer Melanie M $388,885
Previous Owner Adatto Cesar D $383,200
Previous Owner Boyd Tina M $204,000
Closed Boyd Tina M $51,000
Closed Adatto Cesar D $71,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2015 09/29/15 Sold $1,000,000 -16.3% $477 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $1,195,000 -- $570 / 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 $13,377 $1,183,791 $828,655 $355,136
2024 $13,377 $1,160,580 $812,407 $348,173
2023 $13,128 $1,137,825 $796,478 $341,347
2022 $12,952 $1,115,515 $780,861 $334,654
2021 $12,721 $1,093,643 $765,550 $328,093
2020 $12,530 $1,082,430 $757,701 $324,729
2019 $12,352 $1,061,207 $742,845 $318,362
2018 $11,994 $1,040,400 $728,280 $312,120
2016 $11,466 $1,000,000 $700,000 $300,000
2015 $6,384 $343,233 $269,259 $73,974
2014 $3,976 $336,510 $263,985 $72,525
Source: Public Records

Agents Affiliated with this Home

  • Diane Stone

    Seller's Agent in 2015

    Diane Stone

    Compass

    (310) 796-6140

    15 Total Sales

    Diane Stone
    Section Image
  • Dan Mullin

    Buyer's Agent in 2015

    Dan Mullin

    RE/MAX

    (310) 871-3058

    23 Total Sales

    Dan Mullin
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15150017

California Regional Multiple Listing Service (CRMLS)

APN: 7357-014-008

California Los Angeles County Torrance 90501 East Torrance

2031 Andreo Ave, Torrance, CA

This home is located at 2031 Andreo Ave, Torrance, CA 90501 since 08 July 2015 and is currently estimated at $1,270,637, approximately $606 per square foot. This property was built in 2014. 2031 Andreo Ave is a home located in Los Angeles County with nearby schools including Torrance Elementary School, J. H. Hull Middle School, and Torrance High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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