Jane Angel
Coldwell Banker Realty
(562) 303-5335
19 Total Sales
1 in Gardena
$697,500 Price
2147 W 162nd St Torrance, CA 90504
Gardena Area
14
Beds
10
Baths
7,358
Sq Ft
8,824
Sq Ft Lot
Highlights
- Laundry Room
- Lincoln Elementary School Rated A
- Paved or Partially Paved Lot
About This Home
As of July 2023Welcome to this multi-unit investment opportunity in North Torrance! Located at 2147 W. 162nd St., Torrance, CA 90504, this property features 10 units with a mix of 2-bedroom, 1-bedroom, and studio apartments. Each unit has its own unique charm and character, and some have been recently updated with modern finishes. The property also includes on-site parking for tenants and a community laundry room for added convenience.
Situated in a desirable area of Torrance, this property is conveniently located near schools, parks, shopping centers, and restaurants. With a current rent roll and low vacancy rates, this is a great opportunity for investors looking for a steady stream of income. Don't miss out on this chance to own a piece of Torrance real estate!
Please note that the accuracy of the square footage, bedroom/bathroom count, and other information regarding the conditions or features of the property is not guaranteed and should be independently verified by interested parties through personal due diligence, inspection, and consultation with appropriate professionals. Please do not disturb the tenants or walk the property without prior permission.
Last Agent to Sell the Property
Peninsula Realty, Inc. License #01854958 Listed on: 05/15/2023
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 8,824 Sq Ft Lot
- Two or More Common Walls
- Paved or Partially Paved Lot
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 7,358 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 14 Bedrooms
- 10 Bathrooms
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
- Parking Available
- Driveway
Location
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 62
- Tax Tract Number 23149
- Assessor Parcel Number 4066001001
Community Details
Building Details
- 10 Leased Units
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $4,965
- Fuel Expense $3,850
- Gardener Expense $1,200
- Insurance Expense $2,689
- Trash Expense $2,539
- Water Sewer Expense $5,286
- New Taxes Expense $33,750
- Operating Expense $54,279
- Gross Income $16,422
- Net Operating Income $145,114
Additional Features
- 10 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2023
Closed on
Jul 4, 2023
Sold by
Bought by
Seller's Agent
Sarah Lee
Peninsula Realty, Inc.
Buyer's Agent
Cheyne Inman
Estate Properties
List Price
$2,700,000
Sold Price
$2,600,000
Premium/Discount to List
-$100,000
-3.7%
Views
45
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,448,995
Interest Rate
6.79%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
May 15, 2023
Closed on
Jul 3, 2023
Sold by
Bought by
Seller's Agent
Sarah Lee
Peninsula Realty, Inc.
Buyer's Agent
Cheyne Inman
Estate Properties
List Price
$2,700,000
Sold Price
$2,600,000
Premium/Discount to List
-$100,000
-3.7%
Views
45
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,448,995
Interest Rate
6.79%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 9, 1998
Sold by
Bought by
Purchase Details
Closed on
Aug 19, 1998
Sold by
Bought by
Purchase Details
Closed on
Jun 24, 1996
Sold by
Bought by
Purchase Details
Closed on
Jun 19, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Torrance, CA
-
Jane Angel
-
David J Veerman
David J Veerman
Estate Properties
(424) 403-2605
46 Total Sales
5 in Gardena
$520K - $1.2M Price Range
-
Charlie Raine
Charlie Raine
Coastal Legacy Realty Group
(833) 922-2794
28 Total Sales
1 in Gardena
$799,000 Price
-
Vanessa Velardez
Vanessa Velardez
Coldwell Banker Residential Br
(424) 242-1252
23 Total Sales
6 in Gardena
$110K - $845K Price Range
-
Mary Ann Garcia Berges
Mary Ann Garcia Berges
MyAgent Real Estate Group
(424) 788-0855
52 Total Sales
1 in Gardena
$650,000 Price
-
Shelly Smith
Shelly Smith
Responds QuicklyKeller Williams Empire Estates
(657) 500-4681
39 Total Sales
1 in Gardena
$765,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | California Best Title | ||
| $2,600,000 | California Best Title | ||
| -- | California Best Title | ||
| -- | -- | ||
| -- | -- | ||
| $290,000 | North American Title Co | ||
| -- | North American Title Co | ||
| $267,500 | North American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,500,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/12/2023 07/12/23 | Sold | $2,600,000 | 0.0% | $353 / Sq Ft |
| 07/01/2023 07/01/23 | Pending | -- | -- | -- |
| 06/26/2023 06/26/23 | Off Market | $2,600,000 | -- | -- |
| 06/05/2023 06/05/23 | For Sale | $2,700,000 | +3.8% | $367 / Sq Ft |
| 06/05/2023 06/05/23 | Off Market | $2,600,000 | -- | -- |
| 05/15/2023 05/15/23 | For Sale | $2,700,000 | -- | $367 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $31,068 | $2,652,000 | $1,132,200 | $1,519,800 |
| 2024 | $30,899 | $2,600,000 | $1,110,000 | $1,490,000 |
| 2023 | $6,883 | $436,963 | $180,811 | $256,152 |
| 2022 | $6,792 | $428,396 | $177,266 | $251,130 |
| 2021 | $6,634 | $419,997 | $173,791 | $246,206 |
| 2019 | $6,468 | $407,541 | $168,637 | $238,904 |
| 2018 | $6,160 | $399,551 | $165,331 | $234,220 |
| 2016 | $5,779 | $384,038 | $158,912 | $225,126 |
| 2015 | $5,662 | $378,270 | $156,525 | $221,745 |
| 2014 | $5,581 | $370,861 | $153,459 | $217,402 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Lee
S
Seller's Agent in 2023
Sarah Lee
Peninsula Realty, Inc.
(310) 540-0072
39 Total Sales
-
Cheyne Inman
Buyer's Agent in 2023
Cheyne Inman
RE/MAX
(424) 392-3271
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23078505
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.
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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