NOT LISTED FOR SALE

25246 Bigelow Rd Unit 2 Torrance, CA 90505

Walteria Neighborhood

Estimated Value: $1,727,000 - $1,983,246

6 Beds
4 Baths
2,826 Sq Ft
$641/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $1,185,000 $419 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $11,164/month

39 Days on Market

Highlights

  • Property is near a park
  • Lawn
  • Laundry Room
  • Walteria Elementary School Rated A
  • Balcony

About This Home

As of July 2016

Rare opportunity in one of Torrance's finest neighborhoods for a 4 unit "Trophy property" in Walteria ..... well managed ... good rents ... garages plus ample parking spaces ... laundry...real Pride of ownership building ... and a real quality investment

Last Agent to Sell the Property

Karl Woehrstein

Century 21 Union Realty License #00698284 Listed on: 07/11/2016

Century 21 Union Realty

Last Buyer's Agent

Darrell Smith

Smith-Properties License #01191850

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,790

Year Built

  • Built in 1966

Lot Details

  • 6,029 Sq Ft Lot
  • Two or More Common Walls
  • Lawn
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • 2,826 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Laundry Room
  • Property is near a park

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 23200
  • Assessor Parcel Number 7535021032

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $495
  • Insurance Expense $1,561
  • Trash Expense $830
  • Water Sewer Expense $2,364
  • New Taxes Expense $16,250
  • Gross Income $4,900
  • Net Operating Income $31,616

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,790

Year Built

Built in 1966

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2364.00
  • Property Type: Residential Income
  • Parcel Number: 7535021032
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 419.32

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Trash Expense: 830.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Park Nearby
  • Lot Size Sq Ft: 6029.00
  • Price Per Lot Square Foot: 196.55

Multi Family

  • Electric Expense: 495.00
  • Gross Income: 4900.00
  • Gross Scheduled Income: 58800.00
  • Insurance Expense: 1561.00
  • Net Operating Income: 31616.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 27184.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 16250.00
  • Tax Lot: 10
  • Tax Tract Number: 23200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
Jul 13, 2016
Sold by
Pinto Richard J
Bought by
Duncan Robert J and Robert J Duncan Trust
Seller's Agent
Karl Woehrstein
Century 21 Union Realty
Buyer's Agent
Darrell Smith
Smith-Properties
List Price
$1,300,000
Sold Price
$1,185,000
Premium/Discount to List
-$115,000
-8.85%
Current Estimated Value
$1,810,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,812
Avg. Annual Appreciation
5.47%

Purchase Details

Listed on
Jul 11, 2016
Closed on
Jun 20, 2016
Sold by
Pinto Richard J
Bought by
Pinto Richard J and The Pinto Family Trust
Seller's Agent
Karl Woehrstein
Century 21 Union Realty
Buyer's Agent
Darrell Smith
Smith-Properties
List Price
$1,300,000
Sold Price
$1,185,000
Premium/Discount to List
-$115,000
-8.85%

Purchase Details

Closed on
Jan 12, 2009
Sold by
Pinto Josephine A and Pinto Richard J
Bought by
Pinto Josephine A

Purchase Details

Closed on
Sep 18, 2008
Sold by
Pinto Family Trust
Bought by
Pinto Josephine A and Pinto Richard J

Purchase Details

Closed on
Oct 6, 2006
Sold by
Pinto Ross Emerson and Pinto Josephine Anna
Bought by
Pinto Ross E

Purchase Details

Closed on
Apr 24, 1997
Sold by
Sheraviza Theresa
Bought by
Pinto Josephine A

Purchase Details

Closed on
Jul 12, 1996
Sold by
Pinto Josephine A
Bought by
Pinto Ross Emerson
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
Duncan Robert J $1,185,000 Priority Title
Pinto Richard J -- None Available
Pinto Josephine A -- None Available
Pinto Ross E -- None Available
Pinto Ross Emerson -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2016 07/27/16 Sold $1,185,000 -8.8% $419 / Sq Ft
07/11/2016 07/11/16 Price Changed $1,300,000 0.0% $460 / Sq Ft
07/11/2016 07/11/16 For Sale $1,300,000 0.0% $460 / Sq Ft
07/10/2016 07/10/16 Pending -- -- --
06/07/2016 06/07/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $1,300,000 -- $460 / 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 $15,790 $1,375,288 $853,028 $522,260
2024 $15,790 $1,348,322 $836,302 $512,020
2023 $15,496 $1,321,885 $819,904 $501,981
2022 $15,288 $1,295,967 $803,828 $492,139
2021 $15,013 $1,270,557 $788,067 $482,490
2019 $14,580 $1,232,874 $764,694 $468,180
2018 $14,140 $1,208,700 $749,700 $459,000
2016 $2,472 $175,999 $73,086 $102,913
2015 $2,418 $173,357 $71,989 $101,368
2014 $2,384 $169,962 $70,579 $99,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16117040

California Regional Multiple Listing Service (CRMLS)

APN: 7535-021-032