NOT LISTED FOR SALE

Estimated Value: $1,202,000 - $1,316,476

4 Beds
3 Baths
2,236 Sq Ft
$560/Sq Ft Est. Value

Sale Details

Date Sold: July 3, 2024

Last sale price $1,300,000 $581 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,076 / mo

3 Days on Market

Highlights

  • RV Access or Parking
  • Open Floorplan
  • Wood Flooring
  • Torrance Elementary School Rated A-
  • Property is near park
  • 4-minute walk to Torrance Park

About This Home

As of July 2024

Rare and incredible opportunity to own a multi-family property in the heart of Torrance! This property consists of a 2 bed, 1 bath Single Family home (~1200sf) + a Duplex with (2) 1 bed, 1 bath units (~550sf each) making it perfect for a savvy investor, or owner occupant who can benefit from rental income.
The well-loved Single Family home features an open kitchen/dining layout and a large family room with a fireplace. It was remodeled in 2021 with a stunning new kitchen, new bathroom, new electrical, flooring and light fixtures. One of the duplex units was also completely remodeled in 2021, making it ready to rent out for top dollar, or host extended family or friends. Additional upgrades over the years include exterior windows, fencing, paint & stucco, sewer line, plumbing and instant hot water heater. The expansive 8800sf lot offers privacy between the front and back units, and potentially room to add an additional unit. It also has alley access at the rear and an RV pad.
This hidden gem is located on a quiet cul-de-sac in a fantastic neighborhood situated between Charles Wilson Park and Torrance Park, and right behind Torrance Elementary. It’s walking distance to Downtown Torrance, in close proximity to the Del Amo mall, many restaurants, and the 405 and 110 freeways.

Last Agent to Sell the Property

Alissa Winkler

Estate Properties Brokerage Phone: 424-271-5152 License #02135142 Listed on: 06/15/2024

Estate Properties

Last Buyer's Agent

Jianjuan Yu

Thousands Realty & Management License #01873384

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 8,801 Sq Ft Lot
  • Lot Dimensions are 55x160
  • No Common Walls
  • Cul-De-Sac
  • Wood Fence
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 1 Open Parking Space
  • 2 Car Garage
  • 1 Attached Carport Space
  • Parking Available
  • Driveway Level
  • RV Access or Parking

Home Design

  • Triplex
  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,236 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in Garage
  • Laundry Located Outside
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park
  • Suburban Location

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 21
  • Tax Tract Number 1
  • Assessor Parcel Number 7359016005
  • $1,755 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Trash Expense $2,100
  • Water Sewer Expense $2,100
  • Operating Expense $5,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1954 | Remodeled

Lot Details

8,801 Sq Ft Lot

Parking

2

Listing Details

  • Inclusions: All Appliances
  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 2100.00
  • Zoning: TORR-MD
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7359016005
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Open Floorplan, Quartz Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas, Wood Burning
  • Levels: One
  • Price Per Square Foot: 581.40
  • Room Type: All Bedrooms Down, Family Room, Main Floor Bedroom, Main Floor Primary Bedroom

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Driveway, Concrete, Driveway Level, RV Access/Parking
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Instant Hot Water, Microwave, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, In Garage, Outside, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 2100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lawn, Rectangular Lot, Level, Park Nearby, Paved, Yard
  • Lot Size: 55x160
  • Lot Size Sq Ft: 8801.00
  • Lot Size Acres: 0.2020
  • Latitude Manual: 33.82427700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average2 Bed Area: 1200 Square Feet
  • Gross Scheduled Income: 86400.00
  • Lot Size Area: 8801.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 5400.00
  • Rent Control: No
  • Total Actual Rent: 14400.00
  • Total Expenses: 5400.00

Tax Info

  • Tax Census Tract: 6509.04
  • Tax Lot: 21
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1755.00

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
Jun 15, 2024
Closed on
Jun 26, 2024
Sold by
Bought by
Seller's Agent
Alissa Winkler
Estate Properties
Buyer's Agent
Jianjuan Yu
Thousands Realty & Management
List Price
$1,230,000
Sold Price
$1,300,000
Premium/Discount to List
$70,000
5.69%
Views
10
Current Estimated Value
$1,251,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,131
Avg. Annual Appreciation
-1.85%

Purchase Details

Listed on
Jun 15, 2024
Closed on
Jun 21, 2024
Sold by
Bought by
Seller's Agent
Alissa Winkler
Estate Properties
Buyer's Agent
Jianjuan Yu
Thousands Realty & Management
List Price
$1,230,000
Sold Price
$1,300,000
Premium/Discount to List
$70,000
5.69%
Views
10

Purchase Details

Closed on
Apr 22, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2014
Closed on
Mar 29, 2014
Sold by
Bought by
Seller's Agent
Mathew Moore
BerkshireHathaway HomeServices
Buyer's Agent
Andrew lord
Coldwell Banker Residential Brokerage
List Price
$749,000
Sold Price
$730,000
Premium/Discount to List
-$19,000
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$547,500
Interest Rate
0.0423%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 15, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$1,300,000 California Best Title
$1,300,000 California Best Title
-- North American Title
$730,000 Progressive Title Company
-- None Available
-- None Available
-- --
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 $760,000
Previous Owner $580,000
Previous Owner $547,500
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 Prior Sale
07/03/2024 07/03/24 Sold $1,300,000 0.0% $581 / Sq Ft
06/24/2024 06/24/24 Off Market $1,300,000 -- --
06/19/2024 06/19/24 Pending -- -- --
06/15/2024 06/15/24 For Sale $1,230,000 +68.5% $550 / Sq Ft
04/21/2014 04/21/14 Sold $730,000 -2.5% $331 / Sq Ft View Prior Sale
03/03/2014 03/03/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $749,000 -- $340 / 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 $15,065 $1,300,000 $950,000 $350,000
2024 $10,403 $877,323 $612,926 $264,397
2023 $11,303 $860,121 $600,908 $259,213
2022 $10,075 $843,257 $589,126 $254,131
2021 $9,891 $826,724 $577,575 $249,149
2020 $9,746 $818,248 $571,653 $246,595
2019 $9,608 $802,205 $560,445 $241,760
2018 $9,301 $786,476 $549,456 $237,020
2016 $8,886 $755,938 $528,121 $227,817
2015 $8,693 $744,584 $520,189 $224,395
2014 $1,478 $90,551 $53,178 $37,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24116095

California Regional Multiple Listing Service (CRMLS)

APN: 7359-016-005

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