NOT LISTED FOR SALE

Estimated Value: $1,234,000 - $1,566,321

5 Beds
3 Baths
2,400 Sq Ft
$564/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $1,300,000 $542 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,330/month

16 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Beamed Ceilings
  • J. H. Hull Middle School Rated A-
  • No HOA
  • Balcony

About This Home

As of July 2023

This duplex in Old Torrance is a rare opportunity to own a property with two separate homes on a large 7066 square foot R-3 lot. Front House: This is a charming 2-bedroom, 1-bathroom home with hardwood floors. It features a dining room, kitchen with a private laundry area. The front house also has its own private yard. A fence separates it from the rear house, providing great privacy between the two homes. Rear House: Stylish remodeled two-story home. It consists of 3 bedrooms and 2 bathrooms. The first floor has 1 bedroom and a remodeled bathroom, along with a washer and dryer located in a closet. On the second floor, you'll find an exceptional home with vaulted ceilings and skylights. The kitchen has been stunningly remodeled and offers an open floor plan with newer flooring. The living room features a cozy fireplace and an enclosed patio. A spacious primary bedroom with a balcony. The newly remodeled Jack & Jill bathroom opens to the third bedroom. The property also boasts an expansive yard. The front house offers a charming living space, while the rear house provides a stylish and remodeled living experience with an open floor plan and impressive features. This property is great for an owner/user, or investor. Do Not miss this amazing opportunity.

Last Agent to Sell the Property

Raechelle Lord

Coldwell Banker Realty License #01388229 Listed on: 05/30/2023

Coldwell Banker Realty

Last Buyer's Agent

Scott Hamada

Compass License #01958702

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,931

Year Built

  • Built in 1942

Lot Details

  • 7,036 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 1 Open Parking Space
  • Parking Available

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Balcony
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 12 / 3
  • Tax Tract Number 3758
  • Assessor Parcel Number 7357012012
  • $497 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $960
  • Operating Expense $3,395
  • Gross Income $29,400
  • Net Operating Income $26,005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,931

Year Built

Built in 1942

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: TORR-MD
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 7357012012
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Beamed Ceilings, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 541.67
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop
  • Laundry Features: In Closet, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7036.00
  • Lot Size Acres: 0.1615

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 29400.00
  • Gross Scheduled Income: 29400.00
  • Laundry Equipment Own Lease: Own
  • Lease Term: Month To Month
  • Lot Size Area: 7036.0000 Square Feet
  • Net Operating Income: 26004.98
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3395.02
  • Rent Control: No
  • Total Expenses: 3395.02

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 6509.03
  • Tax Lot: 12
  • Tax Tract Number: 3758
  • TaxOtherAnnualAssessmentAmount: 497.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2013
Sold by
Sheerin Pamela J and Manker Frankie A
Bought by
Avecilla Jackson Ryan Simon Conroy and Avecilla Jackson Bonnie
Current Estimated Value
$1,353,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$721,687
Interest Rate
4.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Avecilla Jackson Ryan Simon Conroy $735,000 Priority Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avecilla Jackson Ryan Simon Conroy $721,687
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2023 07/24/23 Sold $1,300,000 +26.8% $542 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $1,025,000 -- $427 / 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 $14,931 $1,326,000 $958,800 $367,200
2024 $14,931 $1,300,000 $940,000 $360,000
2023 $10,117 $866,015 $512,540 $353,475
2022 $9,982 $849,036 $502,491 $346,545
2021 $9,798 $832,389 $492,639 $339,750
2020 $9,652 $823,855 $487,588 $336,267
2019 $9,515 $807,702 $478,028 $329,674
2018 $9,236 $791,865 $468,655 $323,210
2016 $8,820 $761,117 $450,457 $310,660
2015 $8,629 $749,685 $443,691 $305,994
2014 $8,407 $735,000 $435,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV23091537

California Regional Multiple Listing Service (CRMLS)

APN: 7357-012-012