NOT LISTED FOR SALE

2883 W 235th St Torrance, CA 90505

Southwood Sunray Neighborhood

Estimated Value: $1,900,000 - $2,870,004

7 Beds
6 Baths
4,714 Sq Ft
$538/Sq Ft Est. Value

Last Sold April 11, 2017

Last sale price $1,805,000 $383 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $15,244/month

1 Day on Market

Highlights

  • Lawn
  • No HOA
  • 4-minute walk to Hickory Park
  • Hickory Elementary School Rated A
  • Landscaped

About This Home

As of April 2017

Rare Opportunity to Purchase a Large 4-Unit Apartment Building in a Wonderful area of Torrance; Adjacent to the renowned housing community of Marble Estates. Ideal For an Owner Occupant, OR an "A Area" Investor! Building has been very well maintained showcasing pride of ownership with professional management for the past 20+ years. Building features a great unit mix of (1) 3 bedroom 2 1/2 bathroom owner's unit with attached 2 car garage, large kitchen, stone fireplace, formal dining room and inside laundry. (2) 2 bedroom 1 1/2 bathroom, townhouse style apartments, each with their own one-car garage, and (1) 2 Bedroom 1 bath also with it's own one-car garage. Additionally there is a separate coin operated laundry room on the property. Entire building has a newer roof, vinyl clad windows and doors, fresh exterior paint, new garage doors, and much more!!!

Last Agent to Sell the Property

Haley Larson

Estate Properties License #01866435 Listed on: 02/15/2017

Co-Listed By

Kirby Larson

Estate Properties License #00593173

Last Buyer's Agent

Ray Craemer

Ray Louis Craemer License #00672435

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,297

Year Built

  • Built in 1964

Lot Details

  • 6,181 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Lawn
  • Land Lease

Parking

  • 5 Car Garage

Home Design

  • 4,714 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 22796
  • Assessor Parcel Number 7369010019

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $800
  • Water Sewer Expense $3,875
  • New Taxes Expense $21,187
  • Operating Expense $23,040
  • Gross Income $76,800
  • Net Operating Income $53,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,297

Year Built

Built in 1964

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3875.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7369010019
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 382.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Landscaped, Lawn
  • Lot Size Sq Ft: 6181.00

Multi Family

  • Gross Income: 76800.00
  • Gross Scheduled Income: 76800.00
  • Net Operating Income: 53760.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 23040.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 6400.00
  • Total Expenses: 23040.00

Tax Info

  • New Taxes Expense: 21187.00
  • Tax Lot: 53
  • Tax Tract Number: 22796

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2017
Closed on
Mar 3, 2017
Sold by
Clark Yvonne Keenoy
Bought by
Bluebelle Majestic Lp
Seller's Agent
Haley Larson
Estate Properties
Buyer's Agent
Ray Craemer
Ray Louis Craemer
List Price
$1,695,000
Sold Price
$1,805,000
Premium/Discount to List
$110,000
6.49%
Current Estimated Value
$2,536,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$731,501
Avg. Annual Appreciation
4.07%

Purchase Details

Closed on
Jul 1, 2013
Sold by
Keenoy Clark Yvonne
Bought by
Clark Yvonne Keenoy and The Yvonne Keenoy Clark Living Trust

Purchase Details

Closed on
Sep 11, 2012
Sold by
Keenoy Clark Yvonne and Hendershot Living Trust
Bought by
Keenoy Clark Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2012
Sold by
Keenoy Clark Yvonne and Hendershot Living Trust
Bought by
Keenoy Clark Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2012
Sold by
Keenoy Clark Yvonne and The Hendershot Living Trust
Bought by
Keenoy Clark Yvonne and Hill Lynette
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bluebelle Majestic Lp $1,769,000 Lawyers Title
Clark Yvonne Keenoy -- None Available
Keenoy Clark Yvonne -- Lawyers Title Company
Keenoy Clark Yvonne -- Lawyers Title Company
Keenoy Clark Yvonne -- Lawyers Title Company
Keenoy Clark Yvonne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keenoy Clark Yvonne $332,000
Previous Owner Keenoy Clark Yvonne $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2017 04/11/17 Sold $1,805,000 +6.5% $383 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $1,695,000 -- $360 / 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 $23,297 $2,053,070 $1,067,737 $985,333
2024 $23,297 $2,012,814 $1,046,801 $966,013
2023 $22,861 $1,973,348 $1,026,276 $947,072
2022 $22,554 $1,934,655 $1,006,153 $928,502
2021 $22,146 $1,896,722 $986,425 $910,297
2019 $21,504 $1,840,467 $957,168 $883,299
2018 $20,895 $1,804,380 $938,400 $865,980
2016 $7,581 $621,045 $444,888 $176,157
2015 $7,418 $611,717 $438,206 $173,511
2014 $7,246 $599,736 $429,623 $170,113
Source: Public Records

Agents Affiliated with this Home

  • Haley Larson

    Seller's Agent in 2017

    Haley Larson

    RE/MAX

    (310) 897-2257

    1 in this area

    33 Total Sales

    Haley Larson
    Section Image
  • Kirby Larson

    Seller Co-Listing Agent in 2017

    Kirby Larson

    RE/MAX

    (310) 897-2257

    13 Total Sales

    Kirby Larson
    Section Image

  • R

    Buyer's Agent in 2017

    Ray Craemer

    Ray Louis Craemer

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17031535

California Regional Multiple Listing Service (CRMLS)

APN: 7369-010-019

California Los Angeles County Torrance 90505 Southwood Sunray

2883 W 235th St, Torrance, CA

This home is located at 2883 W 235th St, Torrance, CA 90505 since 15 February 2017 and is currently estimated at $2,536,501, approximately $538 per square foot. This property was built in 1964. 2883 W 235th St is a home located in Los Angeles County with nearby schools including Hickory Elementary School, Madrona Middle School, and Torrance High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

Nearby Homes