NOT LISTED FOR SALE
6 Beds
4 Baths
6,802 Sq Ft
7,953 Sq Ft Lot

Last Sold September 15, 2012

Last sale price $1,375,000 $202 Per Sq Ft

8 Days on Market

About This Home

As of September 2012

Very well maintained, 7-unit apartment building in an excellent area directly across the street from the Nijaya Market. Property benefits from renown Torrance school district, long term tenant base (average occupancy of 6.5 years), large spacious floor-plans, and individual hot water heaters. This is a turnkey, self-manageable, non-rent controlled property with a diverse unit mix. "Other" expense above accounts for utilities and trash.

Last Agent to Sell the Property

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 07/05/2012

Last Buyer's Agent

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 07/05/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,953 Sq Ft Lot

Parking

  • 7 Parking Spaces

Home Design

  • 6,802 Sq Ft Home

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 4096-024-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6802
  • Year Built: 1963
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Price Per S Q F T: 205.09

Exterior Features

  • Pool: No

Garage/Parking

  • Total Parking: 7

Fee Information

  • Insurance Expense: 2857.00
  • Maintenance Expense: 3150.00
  • Management Expense: 4105.00
  • Other Expense: 5013.00

Lot Info

  • Assessor Parcel Number: 4096-024-005
  • Lot Size Area: 7953

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.99
  • Number Of Units: 7
  • Rent Control: 0
  • Total Annual Expense: 35513
  • Type Of Units: Apartment
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 17438.00

Range of Values:

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ICE

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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
09/15/2012 09/15/12 Sold $1,375,000 -1.4% $202 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
07/05/2012 07/05/12 For Sale $1,395,000 -- $205 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-610767

The MLS