NOT LISTED FOR SALE

2618 Grand Summit Rd Torrance, CA 90505

Hillside Neighborhood

Estimated Value: $1,140,479 - $1,236,000

3 Beds
1 Bath
1,022 Sq Ft
$1,144/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $950,000 $930 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,465/month

6 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Heating
  • Walteria Elementary School Rated A
  • Laundry Room
  • Wood Burning Fireplace

About This Home

As of February 2023

Situated in the heart of Victoria Knolls neighborhood in the hills of South Torrance, this home sits on a flat lot, ready for expansion and improvement. Bring your contractor to evaluate the upside potential. There’s nothing like location, location, location to retain value over the long run. This home is just waiting for your magic touch to make this your dream home. 3 bedrooms, 1 bath per title but the home is currently a functional 2 bedroom. This home is being sold in “as is” condition with no work, credits, or termite work from seller. 2-car garage. Walking distance to Award-Winning Torrance schools and within minutes to the beach, shopping & parks.

Last Agent to Sell the Property

Richard Vickers

BerkshireHathaway HomeServices License #00918251 Listed on: 01/06/2023

BerkshireHathaway HomeServices

Last Buyer's Agent

Victor Liu

Luxury PV Realty License #01454468

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,128

Year Built

  • Built in 1954

Lot Details

  • 5,169 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned TORR-LO

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,022 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 142
  • Tax Tract Number 20165
  • Assessor Parcel Number 7536014006

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,128

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: TORR-LO
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7536014006
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1022.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 929.55
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Torrance Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5169.00
  • Lot Size Acres: 0.1187

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5169.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6514.01
  • Tax Lot: 142
  • Tax Tract Number: 20165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Jan 12, 2023
Sold by
Herbert T Hill 2009 Trust
Bought by
Hernandez Angel
Seller's Agent
Richard Vickers
BerkshireHathaway HomeServices
Buyer's Agent
Victor Liu
Luxury PV Realty
List Price
$950,000
Sold Price
$950,000
Total Days on Market
6
Views
37
Current Estimated Value
$1,169,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,120
Avg. Annual Appreciation
9.36%
Original Mortgage
$760,000
Outstanding Balance
$739,454
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$429,666

Purchase Details

Closed on
Sep 25, 2009
Sold by
Hill Herbert Tharon
Bought by
Hill Herbert T and The Herbert T Hill 2009 Trust
Source: Public Records

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Range of Values:

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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
Hernandez Angel $950,000 Ticor Title
Hill Herbert T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Angel $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $950,000 0.0% $930 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $950,000 -- $930 / 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
2024 $11,128 $969,000 $775,200 $193,800
2023 $12,175 $1,070,000 $950,000 $120,000
2022 $1,236 $84,421 $48,715 $35,706
2021 $1,205 $82,766 $47,760 $35,006
2019 $1,172 $80,314 $46,345 $33,969
2018 $1,091 $78,740 $45,437 $33,303
2016 $1,031 $75,684 $43,674 $32,010
2015 $1,008 $74,548 $43,018 $31,530
2014 $994 $73,089 $42,176 $30,913
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Richard Vickers

    BerkshireHathaway HomeServices

    (310) 849-4888

    1 in this area

    26 Total Sales

    Richard Vickers
    Section Image
  • Victor Liu

    Buyer's Agent in 2023

    Victor Liu

    Luxury PV Realty

    (310) 654-8767

    2 in this area

    20 Total Sales

    Victor Liu
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23003001

California Regional Multiple Listing Service (CRMLS)

APN: 7536-014-006

California Los Angeles County Torrance 90505 Hillside

2618 Grand Summit Rd, Torrance, CA

This home is located at 2618 Grand Summit Rd, Torrance, CA 90505 since 06 January 2023 and is currently estimated at $1,169,120, approximately $1,143 per square foot. This property was built in 1954. 2618 Grand Summit Rd is a home located in Los Angeles County with nearby schools including Walteria Elementary School, Edward J. Richardson Middle School, and South High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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