$1,180,000
SOLD FEB 19, 2025
5 Beds
-- Bath
3,155 Sq Ft
8,638 Sq Ft Lot

Recently Sold

$374 Per Sq Ft

7% Below List Price

1 Day on Market

Highlights

  • Laundry Room
  • Torrance Elementary School Rated A-
  • 1-Story Property

About This Home

As of February 2025

If you are looking for a 3-bedroom 1 A-bath home in a great area of Torrance look no further! When you walk in your front door you are greeted by a warm, bright living room with a lovely fireplace. An archway just to the left opens to another sunlit room with a large bay window that may be used for a number of things, formal dining room, office, library, sitting room or just about anything on your wish list. Off the kitchen, which has all new quartz counter top, is a casual dining area that is also open to a large sunken family room. This lovely room is perfect for entertaining with a freestanding fireplace and opens to both the private backyard and a cemented patio. The large master bedroom with attached master bath is the place you will want to retire after a long day. Soak in the sunken tub and open the sliding doors off the bedroom to the backyard, relax and enjoy the fresh air. You are in your own little world as you are separate from the additional two bedrooms and bath, which are down a hallway. Park your car in either a two-car garage which is assessable from the alley or on the newly cemented over 50 feet long driveway in the front of the home. The backyard is private and for your personal use. There is an unattached apartment in the rear, but it can only be accessed from the alley and does not affect full separate use of the front house. Come take a look and you will be amazed at the value this home offers.

Last Agent to Sell the Property

Raul Ramirez

The Realestate Group Brokerage Phone: 310-808-8911 License #00629499 Listed on: 12/09/2024

The Realestate Group

Last Buyer's Agent

Frank Sergi

Amberwood Real Estate License #01232040

Amberwood Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 8,638 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 5 Bedrooms
  • 3,155 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Legal Lot and Block 6 / 3
  • Tax Tract Number 3758
  • Assessor Parcel Number 7357012006
  • $622 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Trash Expense $3,500
  • Water Sewer Expense $1,800
  • Operating Expense $5,300
  • Gross Income $63,720
  • Net Operating Income $58,420

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

6

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: TORR-MD
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7357012006
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 374.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 3500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8638.00
  • Lot Size Acres: 0.1983

Multi Family

  • Gross Income: 63720.00
  • Gross Scheduled Income: 63720.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 8638.0000 Square Feet
  • Net Operating Income: 58420.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5300.00
  • Rent Control: No
  • Total Expenses: 5300.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 6509.03
  • Tax Lot: 6
  • Tax Tract Number: 3758
  • TaxOtherAnnualAssessmentAmount: 622.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2024
Closed on
Jan 4, 2025
Sold by
Sherwood Donald R
Bought by
Demott Brandon M and Demott Janesa C
Seller's Agent
Raul Ramirez
The Realestate Group
Buyer's Agent
Frank Sergi
Amberwood Real Estate
List Price
$1,275,000
Sold Price
$1,180,000
Premium/Discount to List
-$95,000
-7.45%
Views
11
Current Estimated Value
$1,210,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,183
Avg. Annual Appreciation
2.81%
Original Mortgage
$885,000
Interest Rate
6.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Type Sale Price Title Company
Grant Deed $1,180,000 California Best Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $885,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2025 02/19/25 Sold $1,180,000 -7.5% $374 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
12/09/2024 12/09/24 For Sale $1,275,000 -- $404 / 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 $5,430 $449,009 $234,266 $214,743
2024 $5,430 $440,206 $229,673 $210,533
2023 $5,335 $431,575 $225,170 $206,405
2022 $5,263 $423,113 $220,755 $202,358
2021 $5,152 $414,818 $216,427 $198,391
2020 $5,077 $410,565 $214,208 $196,357
2019 $5,006 $402,515 $210,008 $192,507
2018 $4,777 $394,624 $205,891 $188,733
2016 $4,535 $379,302 $197,897 $181,405
2015 $4,438 $373,606 $194,925 $178,681
2014 $4,335 $366,288 $191,107 $175,181
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: SB24247062

California Regional Multiple Listing Service (CRMLS)

APN: 7357-012-006