$1,360,000
SOLD JUN 17, 2021 RENTED OCT 28, 2024
5 Beds
3 Baths
1,766 Sq Ft
7,786 Sq Ft Lot

Recently Sold

$770 Per Sq Ft

14 Days on Market

Highlights

  • Corner Lot
  • Lawn
  • Landscaped
  • Riviera Elementary School Rated A
  • Laundry Room
  • 3-minute walk to Walteria Park

About This Home

As of June 2021

Perfect Walteria location with a 4 bedroom, 1 bath detached home with a separate duplex at rear of lot. This large corner lot has 7786 sq. ft. and has beautiful, lush landscaping with mature trees. Each of the units have private yards, and there is plenty of onsite parking. Property is walking distance to South High School and property is located with excellent access to beaches, shopping, parks and freeways. The property is a perfect income generator for an investor. Do not miss this great opportunity, this property will sell quickly.

Last Agent to Sell the Property

Dean Thomas

E Real Estate Corp. License #00711417 Listed on: 04/20/2021

Last Buyer's Agent

Teresa Schweyer

Prime Properties License #01471535

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,444

Year Built

  • Built in 1937

Lot Details

  • 7,786 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Corner Lot
  • Level Lot
  • Lawn

Interior Spaces

  • 1,766 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 2 / E
  • Tax Tract Number 7506
  • Assessor Parcel Number 7534010037

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $4,500
  • Gardener Expense $960
  • Insurance Expense $1,380
  • Trash Expense $1,050
  • Water Sewer Expense $1,050
  • New Taxes Expense $16,987
  • Operating Expense $4,800
  • Gross Income $73,800
  • Net Operating Income $64,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,444

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1050.00
  • Zoning: TORR-LO
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 7534010037
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 770.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1050.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Lawn, Level with Street
  • Lot Size Sq Ft: 7786.00
  • Lot Size Acres: 0.1787

Rental Info

  • Tenant Pays: None

Multi Family

  • Electric Expense: 4500.00
  • Gross Income: 73800.00
  • Gross Operating Income: 73800.00
  • Gross Scheduled Income: 73800.00
  • Insurance Expense: 1380.00
  • Lot Size Area: 7786.0000 Square Feet
  • Net Operating Income: 64860.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 8940.00
  • Rent Control: No
  • Total Expenses: 4800.00

Tax Info

  • New Taxes Expense: 16987.00
  • Tax Block: E
  • Tax Census Tract: 6514
  • Tax Lot: 2
  • Tax Tract Number: 7506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jul 23, 2021
Sold by
Brown Jaime
Bought by
Brown Jaime Nolen and Brown Erica
Seller's Agent
Dean Thomas
E Real Estate Corp.
Buyer's Agent
Teresa Schweyer
Prime Properties
List Price
$1,359,000
Sold Price
$1,360,000
Premium/Discount to List
$1,000
0.07%
Current Estimated Value
$1,561,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,138
Avg. Annual Appreciation
3.35%
Original Mortgage
$200,000
Outstanding Balance
$181,944
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$1,379,194

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 14, 2021
Sold by
Brown Erica M
Bought by
Brown Jaime
Seller's Agent
Dean Thomas
E Real Estate Corp.
Buyer's Agent
Teresa Schweyer
Prime Properties
List Price
$1,359,000
Sold Price
$1,360,000
Premium/Discount to List
$1,000
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$181,944
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$1,379,194

Purchase Details

Listed on
Apr 20, 2021
Closed on
May 11, 2021
Sold by
Pracht David
Bought by
Brown Jaime
Seller's Agent
Dean Thomas
E Real Estate Corp.
Buyer's Agent
Teresa Schweyer
Prime Properties
List Price
$1,359,000
Sold Price
$1,360,000
Premium/Discount to List
$1,000
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$181,944
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$1,379,194

Purchase Details

Listed on
Aug 8, 2017
Closed on
Aug 30, 2017
Sold by
Johnson Nils E and Johnson Patty Bevan
Bought by
Pracht David
Seller's Agent
Robert Freedman
DOMO Real Estate
Buyer's Agent
Dean Thomas
E Real Estate Corp.
List Price
$950,000
Sold Price
$951,500
Premium/Discount to List
$1,500
0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$683,562
Interest Rate
3.82%
Mortgage Type
New Conventional
Source: Public Records

Similar Home in Torrance, CA

  • 2112 Andreo Ave, Torrance, CA 90501

    $1,249,000

    • 3 Beds
    • 4 Baths
    • 2,134 Sq Ft
    • 2112 Andreo Ave
    • Torrance, CA

    Absolutely beautiful two separate homes both of which will be delivered vacant. Front house is a Craftsman historic bungalow circa 1923. One bedroom, one bathroom in 824 sqft. Lovingly restored and upgraded. Formal dining room with built-in hutch/buffet combo & glass doors. Living room with fireplace. Large bedroom with walk-in closet. Large kitchen with antique O'Keefe and Merit stove.

    John Fields Bonanza Realty

    Section Image

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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Old Republic Title
Grant Deed $1,360,000 Fidelity Sherman Oaks
Grant Deed $927,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Closed $200,000 Commercial
Closed $25,000 Commercial
Closed $1,088,000 Commercial
Previous Owner $683,562 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Rented $2,200 0.0% --
10/03/2024 10/03/24 For Rent $2,200 0.0% --
02/27/2022 02/27/22 Rented $2,200 0.0% --
02/03/2022 02/03/22 For Rent $2,200 0.0% --
06/17/2021 06/17/21 Sold $1,360,000 +0.1% $770 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $1,359,000 0.0% $770 / Sq Ft
05/04/2018 05/04/18 Rented $3,500 -2.8% --
04/19/2018 04/19/18 For Rent $3,600 0.0% --
10/11/2017 10/11/17 Sold $951,500 +0.2% $386 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $950,000 -- $385 / 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 $16,444 $1,472,104 $1,177,685 $294,419
2024 $16,444 $1,443,241 $1,154,594 $288,647
2023 $16,135 $1,414,943 $1,131,955 $282,988
2022 $15,920 $1,387,200 $1,109,760 $277,440
2021 $11,321 $974,441 $779,553 $194,888
2020 $11,151 $964,450 $771,560 $192,890
2019 $10,993 $945,540 $756,432 $189,108
2018 $10,688 $927,000 $741,600 $185,400
2016 $1,273 $86,517 $56,307 $30,210
2015 $1,247 $85,219 $55,462 $29,757
2014 $1,229 $83,551 $54,376 $29,175
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21079637

California Regional Multiple Listing Service (CRMLS)

APN: 7534-010-037