NOT LISTED FOR SALE

Estimated Value: $1,360,000 - $1,707,193

6 Beds
5 Baths
3,413 Sq Ft
$461/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $1,606,000 $471 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,894/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Primary Bedroom Suite
  • Lawn
  • Torrance Elementary School Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of March 2022

This is an awesome 3-unit property located in the actual city of Torrance, not the PO area. The front house is 3bdr/3ba and has two garages in the back.
Laundry for front unit is inside the kitchen area. There are two additional units, a 2bdr/1ba and a 1bdr/1ba. All units are large, very spacious and in great condition with responsible tenants. By the way, this property has 2 garages, 2 carports, a 3rd carport that has been enclosed for storage that can be opened back up should you wish. There is also lots of space behind the garages for storage sheds and there are parking spaces on either side of the car ports for additional parking, RV, boat, toys, etc. Inside and out there is a ton of space here! Rents are low for long-time tenants and have plenty of room for improvement...see Agent notes for rent details.

Last Agent to Sell the Property

Frank Kenny

eXp Realty of Greater Los Angeles, Inc. License #01250123 Listed on: 02/16/2022

eXp Realty of Greater Los Angeles, Inc.

Last Buyer's Agent

Frank Kenny

eXp Realty of Greater Los Angeles, Inc. License #01250123 Listed on: 02/16/2022

eXp Realty of Greater Los Angeles, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 7,448 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Landscaped
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 3 Detached Carport Spaces
  • Workshop in Garage
  • Two Garage Doors
  • Auto Driveway Gate
  • Driveway
  • On-Street Parking
  • RV Access or Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,413 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace
  • 220 Volts in Garage
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 6 / 297
  • Tax Tract Number 1952
  • Assessor Parcel Number 7357008010
  • $749 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Fuel Expense $420
  • Insurance Expense $2,100
  • Trash Expense $1,884
  • Water Sewer Expense $1,200
  • Operating Expense $6,200
  • Gross Income $7,600
  • Net Operating Income $88,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

7,448 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: TORR-MD
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7357008010
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 470.55
  • Room Type: Laundry, Master Suite

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 2.00
  • Parking Features: Auto Driveway Gate, Detached Carport, Covered, Driveway, Concrete, Garage - Two Door, RV Access/Parking, Street, Workshop in Garage
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage
  • Heating Type: Forced Air, Wall Furnace
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1884.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Level with Street
  • Lot Size Sq Ft: 7448.00
  • Lot Size Acres: 0.1710

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 360.00
  • Fuel Expense: 420.00
  • Gross Income: 7600.00
  • Gross Scheduled Income: 58800.00
  • Insurance Expense: 2100.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7448.0000 Square Feet
  • Net Operating Income: 88200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 250.00
  • Rent Control: No
  • Total Expenses: 6200.00

Tax Info

  • Tax Block: 297
  • Tax Census Tract: 6509.02
  • Tax Lot: 6
  • Tax Tract Number: 1952
  • TaxOtherAnnualAssessmentAmount: 749.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 9, 2022
Sold by
Moore Michael J and Ammons Tamara S
Bought by
Vaickus Frank and Vaickus Ashley
Seller's Agent
Frank Kenny
eXp Realty of Greater Los Angeles, Inc.
Buyer's Agent
Frank Kenny
eXp Realty of Greater Los Angeles, Inc.
List Price
$1,400,000
Sold Price
$1,606,000
Premium/Discount to List
$206,000
14.71%
Current Estimated Value
$1,574,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,452
Avg. Annual Appreciation
-0.49%
Original Mortgage
$1,284,800
Outstanding Balance
$1,191,762
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$382,786

Purchase Details

Closed on
Jul 12, 2003
Sold by
Moore Michael J
Bought by
Moore Michael J and Ammons Tamara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,500
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vaickus Frank $1,606,000 Fidelity National Title
Moore Michael J -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaickus Frank $1,284,800
Previous Owner Moore Michael J $356,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2022 03/14/22 Sold $1,606,000 0.0% $471 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/22/2022 02/22/22 Off Market $1,606,000 -- --
02/16/2022 02/16/22 For Sale $1,400,000 -12.8% $410 / Sq Ft
02/09/2022 02/09/22 Off Market $1,606,000 -- --
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 $19,344 $1,704,299 $1,061,208 $643,091
2024 $19,344 $1,670,882 $1,040,400 $630,482
2023 $18,984 $1,638,120 $1,020,000 $618,120
2022 $7,031 $558,725 $283,979 $274,746
2021 $6,891 $547,770 $278,411 $269,359
2019 $6,698 $531,525 $270,154 $261,371
2018 $6,399 $521,104 $264,857 $256,247
2016 $6,090 $500,871 $254,573 $246,298
2015 $5,959 $493,349 $250,750 $242,599
2014 $5,822 $483,686 $245,839 $237,847
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22016002

California Regional Multiple Listing Service (CRMLS)

APN: 7357-008-010

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