NOT LISTED FOR SALE

Estimated Value: $1,994,000 - $2,758,000

9 Beds
8 Baths
4,938 Sq Ft
$495/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $1,800,000 $365 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $15,151/month

173 Days on Market

Highlights

  • Laundry Room
  • Hickory Elementary School Rated A
  • Rectangular Lot

About This Home

As of October 2019

COURT CONFIRMATION & OVERBIDDING ON TUESDAY, NOVEMBER 27, 2018 AT 8:30AM AT THE DEUKMEJIAN COURTHOUSE, DEPT S26, 275 MAGNOLIA, LONG BEACH, CA 90802, THE PROPERTY LOCATED AT 22704 MAPLE AVENUE, TORRANCE, CA 90505 , THE PROPERTY LOCATED AT 22704 MAPLE AVENUE, TORRANCE, CA 90505. See attached order. Braun International is pleased to present the opportunity to acquire 22704 Maple Ave, a four-unit multifamily investment opportunity located in Torrance The property features 4,938 square feet of rentable area, situated on a 6,009-square foot lot. The four-unit building is composed of three (3) two-bedroom/one and one half-bathroom units and one (3 ) three-bedroom/two and one half bathroom units. In addition to the buildings excellent unit mix, it has recently undergone renovations including new landscaping, roof and exterior paint. The property is situated just south and east of the new Del Amo Mall This great location offers a tremendous amount of dining, shopping and entertainment destinations in close proximity to the property, while being within a short commute to major employment centers such as El Segundo, Long Beach, Century City, and Downtown Los Angeles making it one of the strongest multifamily investment areas in the region. Due to the property’s premier location and great unit mix,
This property offers a unique opportunity to any investor looking to acquire a turnkey apartment in in Los Angeles, California.

Last Agent to Sell the Property

Todd Wohl

Premiere Estates International Real Estate License #01912556 Listed on: 07/20/2018

Last Buyer's Agent

Bob Harger

BerkshireHathaway HomeServices License #00884972

BerkshireHathaway HomeServices

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,390

Year Built

  • Built in 1968

Lot Details

  • 6,006 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot

Parking

  • 5 Car Garage

Home Design

  • 4,938 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 029
  • Tax Tract Number 7369
  • Assessor Parcel Number 7369013029

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $21,500
  • Gross Income $100,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,390

Year Built

Built in 1968

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Zoning: TORR-MD
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7369013029
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 364.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level
  • Lot Size Sq Ft: 6006.00
  • Lot Size Acres: 0.1379

Multi Family

  • Gross Income: 100500.00
  • Gross Scheduled Income: 100500.00
  • Lot Size Area: 6006.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • New Taxes Expense: 21500.00
  • Tax Census Tract: 6511.01
  • Tax Lot: 029
  • Tax Tract Number: 7369

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Oct 1, 2019
Sold by
Singer Kevin
Bought by
Cy 22704 Maple Llc
Seller's Agent
Todd Wohl
Premiere Estates International Real Estate
Buyer's Agent
Bob Harger
BerkshireHathaway HomeServices
List Price
$1,770,000
Sold Price
$1,800,000
Premium/Discount to List
$30,000
1.69%
Current Estimated Value
$2,443,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,000
Avg. Annual Appreciation
5.15%

Purchase Details

Listed on
Jul 20, 2018
Closed on
Sep 4, 2019
Sold by
Forde Stephen
Bought by
Carol Unruh Estate Equity
Seller's Agent
Todd Wohl
Premiere Estates International Real Estate
Buyer's Agent
Bob Harger
BerkshireHathaway HomeServices
List Price
$1,770,000
Sold Price
$1,800,000
Premium/Discount to List
$30,000
1.69%

Purchase Details

Closed on
Apr 13, 2011
Sold by
C G U Corporation
Bought by
Forde Stephen C

Purchase Details

Closed on
Mar 23, 2011
Sold by
Cgu Corp
Bought by
Forde Stephen C

Purchase Details

Closed on
Aug 31, 2005
Sold by
Taylor Randy M and Taylor Reyna M
Bought by
Cgu Corp

Purchase Details

Closed on
May 24, 2005
Sold by
Carpenter Michel W and Carpenter Darla J
Bought by
Taylor Randy M and Taylor Reyna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 29, 1999
Sold by
Rodenhurst Nancy S and Rodenhurst Family 1990 Trust
Bought by
Carpenter Michel W and Carpenter Darla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Interest Rate
7.7%

Purchase Details

Closed on
Nov 19, 1996
Sold by
Rodenhurst G W and Rodenhurst Nancy S
Bought by
Rodenhurst Guildford William and Rodenhurst Nancy S

Purchase Details

Closed on
Mar 30, 1995
Sold by
Benaksas Prosper and Benaksas Dory
Bought by
Rodenhurst G W and Rodenhurst Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,250
Interest Rate
8.77%

Purchase Details

Closed on
Aug 13, 1993
Sold by
Correa Jesse
Bought by
Benaksas Prosper and Benaksas Dory
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cy 22704 Maple Llc $1,800,000 Orange Coast Title
Carol Unruh Estate Equity -- None Available
Forde Stephen C -- None Available
Forde Stephen C -- None Available
Cgu Corp -- None Available
Taylor Randy M $1,375,000 North American Title
Carpenter Michel W $449,000 Lawyers Title Company
Rodenhurst Guildford William -- --
Rodenhurst G W $411,000 Southland Title Company
Benaksas Prosper -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forde Stephen $343,200
Previous Owner Forde Stephen $249,600
Previous Owner Forde Stephen $156,000
Previous Owner Forde Stephen $106,080
Previous Owner Forde Stephen $200,000
Previous Owner Taylor Randy M $70,000
Previous Owner Taylor Randy M $1,000,000
Previous Owner Carpenter Michel W $200,000
Previous Owner Carpenter Michel W $644,000
Previous Owner Carpenter Michel W $92,000
Previous Owner Carpenter Michel W $72,000
Previous Owner Carpenter Michel W $570,000
Previous Owner Carpenter Michel W $62,500
Previous Owner Carpenter Michel W $500,000
Previous Owner Carpenter Michel W $135,300
Previous Owner Carpenter Michel W $359,200
Previous Owner Rodenhurst G W $308,250
Closed Carpenter Michel W $67,300
Closed Taylor Randy M $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $1,800,000 +1.7% $365 / Sq Ft
09/18/2019 09/18/19 Price Changed $1,770,000 0.0% $358 / Sq Ft
09/18/2019 09/18/19 For Sale $1,770,000 0.0% $358 / Sq Ft
06/29/2019 06/29/19 For Sale $1,770,000 0.0% $358 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
10/29/2018 10/29/18 For Sale $1,770,000 0.0% $358 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $1,770,000 -- $358 / 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 $22,390 $1,968,561 $1,640,468 $328,093
2024 $22,390 $1,929,962 $1,608,302 $321,660
2023 $21,972 $1,892,120 $1,576,767 $315,353
2022 $21,676 $1,855,020 $1,545,850 $309,170
2021 $21,281 $1,818,648 $1,515,540 $303,108
2020 $20,962 $1,800,000 $1,500,000 $300,000
2019 $17,931 $1,520,777 $1,168,797 $351,980
2018 $17,412 $1,490,959 $1,145,880 $345,079
2016 $16,621 $1,433,065 $1,101,385 $331,680
2015 $15,250 $1,320,000 $1,081,000 $239,000
2014 $15,139 $1,320,000 $1,081,000 $239,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18175095

California Regional Multiple Listing Service (CRMLS)

APN: 7369-013-029