NOT LISTED FOR SALE
10 Beds
6 Baths
4,752 Sq Ft
5,602 Sq Ft Lot

Last Sold November 04, 2020

Last sale price $1,810,000 $381 Per Sq Ft

40 Days on Market

About This Home

As of November 2020

We are pleased to present 2257 West Carson Street, a 6-unit investment property in Torrance, California. The property is located between Cota and Amapola Avenues. This area is a solid majority-renter market with low vacancy rates. 2257 West Carson Street consists of four 2 bedroom 1 bathroom units and two 1 bedroom / 1 bathroom units. Each unit is separately metered for gas and electricity. The property also offers 6 single car garages.This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents. One Block Away from Shopping and Dining on Cabrillo Avenue. 6 Single Car Garages. A Potential 25% Increase In NOI. Very Walkable 82 Walk Score

Last Agent to Sell the Property

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 07/24/2020

Last Buyer's Agent

Melanie Archer

Archer Investment & Consulting Inc. License #02109068

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,601 Sq Ft Lot
  • Lot Dimensions are 40x140

Parking

  • 6 Car Garage

Interior Spaces

  • 4,752 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Community Details

  • 6 Units
  • Vacancy Allowance $3,733

Listing and Financial Details

  • Assessor Parcel Number 7355-017-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

5,601 Sq Ft Lot

Parking

6

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4752
  • Lot Acreage: 0.1286
  • Lot Dimensions: 40x140
  • Probate: No
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Common Walls: Attached
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 378.58

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 6
  • Parking Garage: Garage - 1 Car
  • Total Parking: 6

Lot Info

  • Assessed Improvement Percent: 60.53
  • Assessed Improvement Value: 394649
  • Assessed Land Percent: 39.47
  • Assessed Land Value: 257377
  • Total Assessed Value: 652026
  • Assessor Parcel Number: 7355-017-012
  • Lot Size Area: 5601

Rental Info

  • Total Actual Rent: 124440.00

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.46
  • Number Of Units: 6
  • Type Of Units: Apartment
  • Vacancy Allow: 3733
  • Vacancy Allow Percent: 3.00
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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
11/04/2020 11/04/20 Sold $1,810,000 +0.6% $381 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $1,799,000 -- $379 / Sq Ft
Source: The MLS

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 $22,873 $1,959,199 $1,028,309 $930,890
2024 $22,873 $1,920,785 $1,008,147 $912,638
2023 $22,452 $1,883,124 $988,380 $894,744
2022 $22,153 $1,846,200 $969,000 $877,200
2021 $21,756 $1,810,000 $950,000 $860,000
2019 $9,058 $678,365 $267,774 $410,591
2018 $8,746 $665,065 $262,524 $402,541
2016 $8,289 $639,242 $252,331 $386,911
2015 $8,115 $629,641 $248,541 $381,100
2014 $7,946 $617,308 $243,673 $373,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-609196

The MLS
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