NOT LISTED FOR SALE

Estimated Value: $1,146,000

0.46 Acre
$2,513,158 Price per Acre
19,863 Sq Ft Lot

Last Sold January 27, 2017

Last sale price $850,000

Est. 35% increase in value since last sale

Current estimated payment $6,621/month

158 Days on Market

Highlights

  • City Lights View
  • 0.46 Acre Lot
  • No HOA
  • Riviera Elementary School Rated A

About This Lot

As of January 2017

In the City of Torrance at the base of the Palos Verdes Peninsula. This property is next to the Chevron Station and has 5 parcels 7534-028-005, 7534-028-006, 7534-028-021, 7534-028-022, 7534-028-024. This vacant land is shown as A-1 (C-2 with a Precise Plan) on the zoning map, also shown as HBCSP – W (Hillside) C-Gen land on the City of Torrance Vacant Land Inventory list. Check with the city Planning Dept. for uses.
City of Torrance Community Development Department, Planning Department says either zoning is possible. They may prefer the 2 lots closest to Hawthorne Blvd to be HBCSP, but either zoning is possible. c-2 is commercial and could have mixed uses with a far of .6 (60% lot coverage) . A-1 is residential. Verify all with the city.

Last Agent to Sell the Property

Debra Robertson

Butcher Realty License #00919683 Listed on: 07/31/2016

Last Buyer's Agent

Brok Butcher

Butcher Realty, Inc. License #01880217

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,508

Lot Details

  • 0.46 Acre Lot
  • 7534028006,7534028021,22,24
  • Property is zoned A1c2pp

Property Views

  • City Lights Views

Location

  • Urban Location
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7534028005

Property Details

Property Type

Land

Est. Annual Taxes

$3,508

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Zoning: A1c2pp
  • Property Type: Land
  • Parcel Number: 7534028005
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 42.77

Exterior Features

  • View: City Lights

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban, Urban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 7534028006,7534028021,22,24
  • Land Lease: No
  • Lot Size Sq Ft: 19874.00
  • Price Per Lot Square Foot: 60.38
  • Lot Size Acres: 0.4560

Multi Family

  • Lot Size Area: 19874.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2018
Sold by
Sanei Architecture Planning Co Ltd
Bought by
24601 Hawthorne Llc
Current Estimated Value
$1,146,000

Purchase Details

Listed on
Jul 31, 2016
Closed on
Jan 11, 2017
Sold by
D & M Seven Lp
Bought by
Sanie Architecture Planning Co Ltd
Seller's Agent
Debra Robertson
Butcher Realty
Buyer's Agent
Brok Butcher
Butcher Realty, Inc.
List Price
$1,500,000
Sold Price
$850,000
Premium/Discount to List
-$650,000
-43.33%

Purchase Details

Closed on
May 24, 2014
Sold by
D & M Eight Limited Partnership
Bought by
D & M Seven Limited Partnership

Purchase Details

Closed on
Aug 14, 2013
Sold by
Gaunt Richard and Gaunt Janis Lee
Bought by
D & M Eight Limited Partnership

Purchase Details

Closed on
Nov 10, 2011
Sold by
The D & M Seven Limited Partnership
Bought by
Gaunt Richard and Gaunt Janis Lee

Purchase Details

Closed on
Sep 19, 1994
Sold by
Butcher Dan E and Butcher Mary Frame
Bought by
The D & M Seven Ltd Partnership
Source: Public Records

Range of Values:

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Average Value
Not Available
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
24601 Hawthorne Llc $1,207,000 Lawyers Title Company
Sanei Architecture Planning Co Ltd $850,000 Ticor Title Co
D & M Seven Limited Partnership -- Accommodation
D & M Eight Limited Partnership $800,000 Ticor Title Co
Gaunt Richard $800,000 Ticor Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $850,000 -43.3% --
08/06/2016 08/06/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $1,500,000 -- --
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 $3,508 $319,727 $319,727 --
2024 $3,508 $313,458 $313,458 --
2023 $3,445 $307,312 $307,312 $0
2022 $3,400 $301,287 $301,287 $0
2021 $3,341 $295,380 $295,380 $0
2020 $3,289 $292,352 $292,352 $0
2019 $3,242 $286,620 $286,620 $0
2018 $2,251 $198,900 $198,900 $0
2016 $3,198 $284,771 $284,771 $0
2015 $3,129 $280,494 $280,494 $0
2014 $3,045 $275,000 $275,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16042424

California Regional Multiple Listing Service (CRMLS)

APN: 7534-028-005