$1,000,000
SOLD FEB 21, 2025
4 Beds
2 Baths
1,300 Sq Ft
8,242 Sq Ft Lot

Recently Sold

$769 Per Sq Ft

3% Above List Price

8 Days on Market

Highlights

  • Detached Garage
  • Tile Flooring
  • 1-Story Property
  • Fern Elementary School Rated A

About This Home

As of February 2025

A beautifully remodeled duplex in Torrance presents an incredible opportunity for both investors and homeowners. Situated on a rare 8,000+ square foot lot, this property features two units: a 2-bedroom, 1-bathroom front unit and a 1-bedroom, 1-bathroom back unit, combining for 1,300 square feet of living space. Each unit boasts open-concept kitchens with ample natural light and recent updates, making the property move-in ready while still offering room to add value. The expansive lot provides the potential to build two additional ADUs, making it a lucrative choice for generating rental income. The two single-car garages could also be converted into junior ADUs for added earning potential. Located in a top-rated school district and close to shopping, dining, and entertainment, this property is perfect for those seeking an income-generating investment or a homeowner looking to live in one unit while renting out the other. This is a rare opportunity in a sought-after Torrance location. Schedule your showing today and explore the potential of this prime property!

Last Agent to Sell the Property

Zsuzsanna Marosi

JohnHart Corp. License #02180454 Listed on: 01/23/2025

JohnHart Corp.

Last Buyer's Agent

Zsuzsanna Marosi

JohnHart Corp. License #02180454 Listed on: 01/23/2025

JohnHart Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,358

Year Built

  • Built in 1924

Lot Details

  • 8,242 Sq Ft Lot
  • Lot Dimensions are 52x160

Parking

  • Detached Garage

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7354-010-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,358

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1300
  • Lot Acreage: 0.1892
  • Lot Dimensions: 52x160
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Vinyl
  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 745.38

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Detached

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 26.55
  • Assessed Improvement Value: 141642
  • Assessed Land Percent: 73.45
  • Assessed Land Value: 391863
  • Total Assessed Value: 533505
  • Assessor Parcel Number: 7354-010-013
  • Lot Size Area: 8242

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Feb 4, 2025
Sold by
Sowell Beachcities Llc
Bought by
Deakins Katie
Seller's Agent
Zsuzsanna Marosi
JohnHart Corp.
Buyer's Agent
Zsuzsanna Marosi
JohnHart Corp.
List Price
$969,000
Sold Price
$1,000,000
Premium/Discount to List
$31,000
3.2%
Views
43
Current Estimated Value
$995,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,732
Avg. Annual Appreciation
-1.15%
Original Mortgage
$800,000
Outstanding Balance
$798,666
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$196,602

Purchase Details

Listed on
Aug 21, 2024
Closed on
Sep 25, 2024
Sold by
Shiang Robert and Robert Jc Shiang And Sophia Ms Shaing Re
Bought by
Sowell Beachcities Llc
Seller's Agent
Minli Zia
Coldwell Banker New Century
Buyer's Agent
Antoinette Hopper
Vista Sotheby’s International Realty
List Price
$800,000
Sold Price
$902,000
Premium/Discount to List
$102,000
12.75%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.27%

Purchase Details

Closed on
Oct 21, 2009
Sold by
Shiang Robert J C and Shiang Sophia M S
Bought by
Shiang Robert J C and Shiang Sophia M S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,000,000 Monarch Title
Grant Deed $910,000 Wfg National Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $1,000,000 +3.2% $769 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $969,000 +7.4% $745 / Sq Ft
10/02/2024 10/02/24 Sold $902,000 +12.8% $694 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $800,000 -- $615 / Sq Ft
Source: The MLS

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
2024 $6,358 $533,505 $391,863 $141,642
2023 $6,243 $523,045 $384,180 $138,865
2022 $6,160 $512,791 $376,648 $136,143
2021 $6,047 $502,737 $369,263 $133,474
2020 $5,958 $497,583 $365,477 $132,106
2019 $5,874 $487,827 $358,311 $129,516
2018 $5,680 $478,263 $351,286 $126,977
2016 $5,427 $459,695 $337,647 $122,048
2015 $5,310 $452,791 $332,576 $120,215
2014 $5,181 $443,923 $326,062 $117,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-488553

The MLS

APN: 7354-010-013