S
Seller's Agent in 2017
Shane Proffitt
RE/MAX
24417 Park St Torrance, CA 90505
Walteria NeighborhoodEstimated Value: $1,262,459 - $1,365,000
2
Beds
2
Baths
1,558
Sq Ft
$837/Sq Ft
Est. Value
Highlights
- Peek-A-Boo Views
- Lawn
- Double Pane Windows
- Walteria Elementary School Rated A
- Living Room Balcony
- Crown Molding
About This Home
As of May 2017Looking for a turn-key income property in a highly desirable area? Take a peek at this great duplex with high end units in South Torrance. Both units are large, 1 bedroom ,1 bath floor plans, approx. 779 Sq Ft. each. The upstairs unit (B) has been remodeled, is ready to be leased and will bring top $ for the market. Unit B features include all new flooring professionally installed with sound proofing, 1/4 cork underpayment, remodeled kitchen & bathroom including new cabinets, tile and other finishes. The interior for unit B has all new paint, recessed lighting, new interior doors, all new casings, baseboards and more. You will love the look & feel of this upper unit. The downstairs unit (A) has been updated within the last 10 years, including recessed lighting, flooring, kitchen tile, fixtures, sink, crown molding, paint and more. You will not be disappointed with the condition of unit A. The exterior has been upgraded with new paint, landscaping and a beautiful pergola covered deck, offering shade just off the living area of the upper unit. Newer exterior doors, door casings, windows and a garage door have all been completed within the last few years. This property is not only well cared for but it's within minutes of the beach, the famous Del Amo Mall, and on the foothills of Palos Verdes where you can enjoy hiking trails, breathtaking scenery and other lavish attractions. Come see what these outstanding units have to offer before it's too late!
Last Agent to Sell the Property
Shane Proffitt
Estate Properties License #01404561 Listed on: 02/24/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,514
Year Built
- Built in 1960 | Remodeled
Lot Details
- 3,301 Sq Ft Lot
- Lot Dimensions are 25 x 132
- 1 Common Wall
- Wood Fence
- Drip System Landscaping
- Backyard Sprinklers
- Lawn
- Back Yard
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Two Garage Doors
- Garage Door Opener
Property Views
- Peek-A-Boo
- Mountain
Home Design
- Property Attached
- Raised Foundation
- Composition Roof
- Copper Plumbing
Interior Spaces
- 1,558 Sq Ft Home
- 2-Story Property
- Crown Molding
- Recessed Lighting
- Double Pane Windows
- Sliding Doors
- Storage
- Laminate Flooring
Kitchen
- Electric Oven
- Gas Range
- Dishwasher
- Tile Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Mirrored Closets Doors
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Living Room Balcony
- Exterior Lighting
- Rain Gutters
Utilities
- Floor Furnace
- Wall Furnace
- Gas Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, sewer
- Legal Lot and Block 7 / 6
- Tax Tract Number 6514
- Assessor Parcel Number 7534019005
Community Details
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Gardener Expense $800
- Insurance Expense $1,000
- Trash Expense $600
- Water Sewer Expense $600
- New Taxes Expense $2,500
- Operating Expense $5,500
- Net Operating Income $40,700
Additional Features
- 2 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 6, 2020
Sold by
Liu Peter Y and Espiritu Elenita
Bought by
Liu Peter Y and Espiritu Elenita
Current Estimated Value
Purchase Details
Closed on
Nov 4, 2020
Sold by
Liu Peter Yiwen and Espiritu Elenita
Bought by
Liu Peter Y and Espiritu Elenita
Purchase Details
Listed on
Feb 24, 2017
Closed on
Apr 10, 2017
Sold by
Proffitt Shane
Bought by
Liu Peter Yiwen and Espiritu Elenita
Seller's Agent
Shane Proffitt
Estate Properties
Buyer's Agent
Rich Harik
West Shores Realty, Inc.
List Price
$799,990
Sold Price
$800,000
Premium/Discount to List
$10
0.001%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$640,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 22, 2016
Sold by
Proffitt Shane
Bought by
The Proffitt Living Trust
Purchase Details
Closed on
Mar 28, 2006
Sold by
Proffitt Shane
Bought by
Proffitt Shane and Proffitt Laura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 21, 2005
Sold by
Proffitt Laura
Bought by
Proffitt Shane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 2, 2003
Sold by
The Michael J Millek Trust
Bought by
Proffitt Shane and Proffitt Laura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 27, 1997
Sold by
Millek Michael J
Bought by
Millek Michael J and Michael J Millek Trust
Purchase Details
Closed on
Oct 30, 1995
Sold by
Hunter Mary Ann
Bought by
Millek Michael J
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Liu Peter Y | -- | None Available | |
| Liu Peter Y | -- | None Available | |
| Liu Peter Yiwen | $800,000 | Progressive Title Co Inc | |
| The Proffitt Living Trust | -- | None Available | |
| Proffitt Shane | -- | First American Title Ins Co | |
| Proffitt Shane | -- | First American Title | |
| Proffitt Shane | $450,000 | American Coast Title | |
| Millek Michael J | -- | -- | |
| Millek Michael J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Liu Peter Y | $551,000 | |
| Closed | Liu Peter Yiwen | $640,000 | |
| Previous Owner | Proffitt Shane | $429,000 | |
| Previous Owner | Proffitt Shane | $189,000 | |
| Previous Owner | Proffitt Shane | $150,000 | |
| Previous Owner | Proffitt Shane | $460,000 | |
| Previous Owner | Proffitt Shane | $100,000 | |
| Previous Owner | Proffitt Shane | $427,150 | |
| Previous Owner | Proffitt Shane | $360,000 | |
| Closed | Proffitt Shane | $67,500 | |
| Closed | Proffitt Shane | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/04/2017 05/04/17 | Sold | $800,000 | 0.0% | $513 / Sq Ft |
| 03/31/2017 03/31/17 | Pending | -- | -- | -- |
| 02/24/2017 02/24/17 | For Sale | $799,990 | -- | $513 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,514 | $928,462 | $487,443 | $441,019 |
| 2024 | $10,514 | $910,258 | $477,886 | $432,372 |
| 2023 | $10,319 | $892,411 | $468,516 | $423,895 |
| 2022 | $10,181 | $874,914 | $459,330 | $415,584 |
| 2021 | $9,998 | $857,760 | $450,324 | $407,436 |
| 2020 | $9,848 | $848,966 | $445,707 | $403,259 |
| 2019 | $9,708 | $832,320 | $436,968 | $395,352 |
| 2018 | $9,440 | $816,000 | $428,400 | $387,600 |
| 2016 | $6,314 | $540,461 | $528,456 | $12,005 |
| 2015 | $6,177 | $532,344 | $520,519 | $11,825 |
| 2014 | $6,020 | $521,917 | $510,323 | $11,594 |
Source: Public Records
Agents Affiliated with this Home
-
-
Rich Harik
Buyer's Agent in 2017
Rich Harik
West Shores Realty, Inc.
(310) 766-2005
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17038337
APN: 7534-019-005
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