NOT LISTED FOR SALE

2915 W 168th St Torrance, CA 90504

Estimated Value: $1,481,000 - $1,702,000

8 Beds
4 Baths
3,520 Sq Ft
$457/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $830,000 $236 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,520/month

12 Days on Market

About This Home

As of March 2014

Multi-Family 4 unit investment property located in a great location and is just a 5 minute walk to El Camino College and plenty of shopping in surrounding neighborhood. The owner installed new windows through out the complex, new carpet, new flooring in the kitchen and bathrooms areas, and fresh paint in all the units. Outside, the roof trimming needs painting and the shared laundry area needs a little TLC. Each unit comes with a 1 car garage, plus 1 additional parking space. Current rents are under market so there is room to increase. Don't let this great opportunity to invest in this great property pass you by.

Last Agent to Sell the Property

James T. Burton

James T. Burton License #01402483 Listed on: 02/19/2014

Last Buyer's Agent

Mark Leddy

License #01519607

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,924

Year Built

  • Built in 1954

Lot Details

  • 6,465

Home Design

  • Quadruplex

Interior Spaces

  • 3,520 Sq Ft Home
  • 2-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Car Garage
  • On-Street Parking

Additional Features

  • 6,465 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4093-007-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,924

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3520
  • Stories: 2
  • Year Built: 1954
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 241.19

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car, Garage Is Detached, On street, Parking Space
  • Total Parking: 8

Utilities

  • Heating: Wall Gas
  • Water Expense: 1200.00

Fee Information

  • Insurance Expense: 1135.00
  • Trash Expense: 1200.00

Lot Info

  • Assessed Improvement Value: 155797
  • Assessed Land Value: 239155
  • Assessor Parcel Number: 4093-007-013
  • Geocode Override: No
  • Lot Size Area: 6465

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.12
  • Number Of Units: 4
  • Total Annual Expense: 10924
  • Type Of Units: 4 Plex
  • Vacancy Rate: $1175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2016
Sold by
Leddy Shelley
Bought by
Leddy Jahn M and Leddy Shelley
Current Estimated Value
$1,608,040

Purchase Details

Listed on
Feb 19, 2014
Closed on
Mar 25, 2014
Sold by
Leddy John
Bought by
Leddy Shelley
Seller's Agent
James T. Burton
James T. Burton
Buyer's Agent
Mark Leddy
List Price
$849,000
Sold Price
$830,000
Premium/Discount to List
-$19,000
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$622,500
Outstanding Balance
$470,215
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,137,825

Purchase Details

Listed on
Feb 19, 2014
Closed on
Mar 10, 2014
Sold by
Goettsch Gordon L
Bought by
Leddy Shelley
Seller's Agent
James T. Burton
James T. Burton
Buyer's Agent
Mark Leddy
List Price
$849,000
Sold Price
$830,000
Premium/Discount to List
-$19,000
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Outstanding Balance
$470,215
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,137,825

Purchase Details

Closed on
Mar 26, 2011
Sold by
Gragg Janis L
Bought by
Goettsch Gordon L

Purchase Details

Closed on
May 22, 2009
Sold by
Gragg Janis L and Goettsch Gordon L
Bought by
Gragg Janis L and Goettsch Gordon L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Leddy Jahn M -- None Available
Leddy Shelley -- Wfg Title Company Of Ca
Leddy Shelley $830,000 Wfg Title Company Of Ca
Goettsch Gordon L -- None Available
Gragg Janis L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leddy Shelley $622,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $830,000 -2.2% $236 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $849,000 -- $241 / Sq Ft
Source: The MLS

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 $11,924 $1,017,456 $649,702 $367,754
2024 $11,924 $997,507 $636,963 $360,544
2023 $11,705 $977,949 $624,474 $353,475
2022 $11,547 $958,775 $612,230 $346,545
2021 $11,330 $939,976 $600,226 $339,750
2019 $11,005 $912,098 $582,424 $329,674
2018 $10,666 $894,214 $571,004 $323,210
2016 $10,176 $859,492 $548,832 $310,660
2015 $9,955 $846,583 $540,589 $305,994
2014 $5,054 $404,678 $245,045 $159,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-738737

The MLS

APN: 4093-007-013