NOT LISTED FOR SALE

2417 Andreo Ave Torrance, CA 90501

East Torrance Neighborhood

Estimated Value: $1,456,000 - $2,211,055

7 Beds
6 Baths
3,033 Sq Ft
$555/Sq Ft Est. Value

Last Sold May 08, 2019

Last sale price $1,620,000 $534 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,516/month

8 Days on Market

Highlights

  • Laundry Room
  • J. H. Hull Middle School Rated A-
  • 1-Story Property

About This Home

As of May 2019

Rare opportunity to own a charming and remodeled triplex on an oversized 8,635 sf lot located in Old Torrance! 2417 Andreo is a triplex with a 3 bedroom 1.5 bathroom detached front home with two large 2 bedroom, 2 bath units all separately metered. The front house which is surrounded by a white picket fence and manicured landscaping has been cared for and has many quaint features including crown and base moldings, a cozy bay window in the living room for natural light, oak floors, custom built in cabinets in the living room and bedroom, and stainless steel appliances in the kitchen. In the back of the lot, the two 2 bedroom units have been recently remodeled in 2018 with new laminate floors, paint, and new cabinetry with quartz countertops in the kitchens. All 3 units have recently been re-roofed and each have their own entrance, their own oversized 2 car garage, and their own washer and dryer hookups. This amazing property is conveniently located to award winning schools, shops and restaurants at the Del Amo Mall, charming stores in Downtown Torrance, and a short distance to the freeway. Great opportunity to live in one unit and rent out the others OR maximize rental income on a great turnkey property!

Last Agent to Sell the Property

Matthieu Reyes

Vista Sotheby’s International Realty License #01903241 Listed on: 03/13/2019

Last Buyer's Agent

Refiloe Bolte

Engel & Völkers LA-South Bay License #01983307

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,439

Year Built

  • Built in 1942

Lot Details

  • 8,635 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 3,033 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 3758
  • Assessor Parcel Number 7357012007

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $135
  • Trash Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,439

Year Built

Built in 1942

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Zoning: TORR-MD
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7357012007
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 534.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • 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: 8635.00
  • Lot Size Acres: 0.1982

Multi Family

  • Insurance Expense: 135.00
  • Lot Size Area: 8635.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 6509.02
  • Tax Lot: 7
  • Tax Tract Number: 3758

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2019
Closed on
Apr 30, 2019
Sold by
Hair Michael and Hair Denise L
Bought by
Hair Michael and Hair Denise L
Seller's Agent
Matthieu Reyes
Vista Sotheby’s International Realty
Buyer's Agent
Refiloe Bolte
Engel & Völkers LA-South Bay
List Price
$1,625,000
Sold Price
$1,620,000
Premium/Discount to List
-$5,000
-0.31%
Current Estimated Value
$1,683,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,764
Avg. Annual Appreciation
0.60%
Original Mortgage
$120,000
Outstanding Balance
$104,851
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,578,913

Purchase Details

Listed on
Mar 13, 2019
Closed on
Apr 25, 2019
Sold by
Hair Michael and Hair Denise L
Bought by
Matemotja Daniel
Seller's Agent
Matthieu Reyes
Vista Sotheby’s International Realty
Buyer's Agent
Refiloe Bolte
Engel & Völkers LA-South Bay
List Price
$1,625,000
Sold Price
$1,620,000
Premium/Discount to List
-$5,000
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$104,851
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,578,913

Purchase Details

Closed on
Dec 9, 2010
Sold by
Hair Michael and Hair Denise L
Bought by
Hair Michael and Hair Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,500
Interest Rate
4.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Hair Michael -- Progressive Title Company
Matemotja Daniel $1,620,000 Progressive Title Company
Hair Michael -- Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matemotja Daniel $120,000
Previous Owner Hair Michael $454,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2019 05/08/19 Sold $1,620,000 -0.3% $534 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $1,625,000 -- $536 / 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 $20,439 $1,807,134 $1,227,068 $580,066
2024 $20,439 $1,771,701 $1,203,008 $568,693
2023 $20,058 $1,736,963 $1,179,420 $557,543
2022 $19,790 $1,702,906 $1,156,295 $546,611
2021 $19,440 $1,669,517 $1,133,623 $535,894
2020 $19,148 $1,652,400 $1,122,000 $530,400
2019 $7,225 $580,329 $326,012 $254,317
2018 $6,920 $568,951 $319,620 $249,331
2016 $6,594 $546,859 $307,209 $239,650
2015 $6,452 $538,646 $302,595 $236,051
2014 $6,301 $528,096 $296,668 $231,428
Source: Public Records

Agents Affiliated with this Home

  • Matthieu Reyes

    Seller's Agent in 2019

    Matthieu Reyes

    Vista Sotheby’s International Realty

    (310) 387-8103

    44 Total Sales

    Matthieu Reyes
    Section Image

  • R

    Buyer's Agent in 2019

    Refiloe Bolte

    Engel & Völkers LA-South Bay

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19056224

California Regional Multiple Listing Service (CRMLS)

APN: 7357-012-007

California Los Angeles County Torrance 90501 East Torrance

2417 Andreo Ave, Torrance, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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