Seller's Agent in 2019
Martin Ensbury
Lyon Stahl Investment Real Estate, Inc.
(310) 376-4600
27 Total Sales
2741 Cabrillo Ave Torrance, CA 90501
East Torrance NeighborhoodEstimated Value: $797,000 - $1,175,000
3
Beds
3
Baths
1,925
Sq Ft
$539/Sq Ft
Est. Value
Highlights
- Fireplace in Kitchen
- Laundry Room
- Bungalow
- Torrance Elementary School Rated A-
About This Home
As of April 2019Three 1 Bd/1 Ba bungalows. Three garages, all units have washer/dryer hookups and copper plumbing. No rent control, in a prime Torrance location. Major value add with approximately 50% rental upside on market rents. Walking distance from Old Town Torrance and minutes from Torrance Memorial, Harbor-UCLA, and Little Company of Mary Hospitals, as well as the Del Amo Fashion Center. Great opportunity for a seasoned investor or an owner user. Seller willing to carry paper at the right price. Full marketing package is included as a supplement to this listing.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #00815392 Listed on: 02/04/2019
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. License #00815392 Listed on: 02/04/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 7,447 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
- Parking Available
- Three Garage Doors
Home Design
- Bungalow
- Property Attached
Interior Spaces
- 1,925 Sq Ft Home
- Living Room with Fireplace
Kitchen
- Gas Range
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 1952
- Assessor Parcel Number 7357008005
Community Details
Overview
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $770
- New Taxes Expense $9,200
- Operating Expense $17,244
- Gross Income $38,994
- Net Operating Income $21,750
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2019
Closed on
Mar 20, 2019
Sold by
Tramell Gale A
Bought by
Cabrillo Torrance Llc
Seller's Agent
Martin Ensbury
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Martin Ensbury
Lyon Stahl Investment Real Estate, Inc.
List Price
$795,000
Sold Price
$825,000
Premium/Discount to List
$30,000
3.77%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,612
Avg. Annual Appreciation
3.35%
Original Mortgage
$577,500
Outstanding Balance
$503,549
Interest Rate
4.3%
Mortgage Type
Seller Take Back
Estimated Equity
$534,063
Purchase Details
Closed on
Jun 16, 1993
Sold by
Armstrong William H
Bought by
Tramell Gale A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.95%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cabrillo Torrance Llc | $825,000 | Fidelity National Title | |
| Tramell Gale A | -- | First American Title Insuran |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cabrillo Torrance Llc | $577,500 | |
| Previous Owner | Tramell Gale A | $175,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2019 04/09/19 | Sold | $825,000 | +3.8% | $429 / Sq Ft |
| 03/13/2019 03/13/19 | Pending | -- | -- | -- |
| 02/04/2019 02/04/19 | For Sale | $795,000 | -- | $413 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $10,676 | $920,300 | $713,931 | $206,369 |
| 2024 | $10,676 | $902,256 | $699,933 | $202,323 |
| 2023 | $10,480 | $884,565 | $686,209 | $198,356 |
| 2022 | $10,340 | $867,221 | $672,754 | $194,467 |
| 2021 | $10,154 | $850,217 | $659,563 | $190,654 |
| 2019 | $2,665 | $182,692 | $109,824 | $72,868 |
| 2018 | $2,498 | $179,111 | $107,671 | $71,440 |
| 2016 | $2,371 | $172,158 | $103,491 | $68,667 |
| 2015 | $2,321 | $169,573 | $101,937 | $67,636 |
| 2014 | $2,284 | $166,253 | $99,941 | $66,312 |
Source: Public Records
Agents Affiliated with this Home
-
Martin Ensbury
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19049258
APN: 7357-008-005
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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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