NOT LISTED FOR SALE

2979 W 235th St Torrance, CA 90505

Southwood Sunray Neighborhood

Estimated Value: $2,211,000 - $3,204,403

10 Beds
6 Baths
5,275 Sq Ft
$522/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $2,200,000 $417 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $16,701/month

46 Days on Market

About This Home

As of April 2020

Outstanding Torrance Location, West of Crenshaw and South of Sepulveda. Fully Renovated Property! New Plumbing, New Roof, New Electrical, New Hot Water Heaters, New Wall Heaters, New Windows, New Sprinkler System, New Gutters, Termite Complete and Fascia Replaced. Perfect for Owner User or Passive Investor. All Interiors Renovated with New Vinyl Flooring, New Countertops, & Upgraded Finishes. On-Site Laundry, One Parking Space with Storage for Each Unit. Downstairs Units have Private Patios, and Front Unit with Washer Dryer Hook-Ups.

Last Agent to Sell the Property

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 01/24/2020

Last Buyer's Agent

Joy Lim

West Shores Realty, Inc. License #01857216

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,170

Year Built

  • Built in 1964

Lot Details

  • 6,367 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 5,275 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Community Details

  • 4 Units
  • Vacancy Allowance $5,256

Listing and Financial Details

  • Assessor Parcel Number 7369-010-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,170

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5275
  • Price Per Unit: 548750.00
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 416.11

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Construction: Wood
  • Paved: Yes
  • Pool: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Water Expense: 4220.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1821.00
  • Maintenance Expense: 1200.00
  • Other Expense: 800.00
  • Trash Expense: 1853.00

Lot Info

  • Assessed Improvement Value: 309958
  • Assessed Land Value: 235335
  • Assessor Parcel Number: 7369-010-003
  • Geocode Override: No
  • Lot Size Area: 6367

Rental Info

  • Total Actual Rent: 130200.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.86
  • Number Of Units: 4
  • Total Annual Expense: 40116
  • Type Of Units: 3 & 2 Bdr
  • Vacancy Allow: 5256
  • Vacancy Allow Percent: 4.00
  • Vacancy Rate: 4%

Tax Info

  • Tax Expense: 27438.00
  • Tax Percent: 1.25
  • Tax Total: 27438.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Mar 26, 2020
Sold by
Adw No 1 Llc
Bought by
Liu Alice and Lim Mark Allen
Seller's Agent
Jonathan Nikfarjam
Shield CRE, Inc.
Buyer's Agent
Joy Lim
West Shores Realty, Inc.
List Price
$2,195,000
Sold Price
$2,200,000
Premium/Discount to List
$5,000
0.23%
Current Estimated Value
$2,752,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,851
Avg. Annual Appreciation
4.11%
Original Mortgage
$2,200,000
Outstanding Balance
$1,948,933
Interest Rate
3.4%
Mortgage Type
VA
Estimated Equity
$803,918

Purchase Details

Listed on
May 17, 2019
Closed on
May 28, 2019
Sold by
Kirby Donald K and The Kirby Family Trust
Bought by
Adw No 1 Llc
Seller's Agent
Ross Cohan
Beach City Brokers
Buyer's Agent
Ross Cohan
Beach City Brokers
List Price
$1,750,000
Sold Price
$1,650,000
Premium/Discount to List
-$100,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.64%

Purchase Details

Closed on
Aug 29, 2013
Sold by
Kirby Donald K and Gentry Joan
Bought by
Kirby Donald K and Gentry Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,485
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2013
Sold by
Kirby Donald K and Gentry Joan
Bought by
Kirby Donald K and Gentry Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,485
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2006
Sold by
Kirby Donald K
Bought by
Kirby Donald K and Gentry Joan

Purchase Details

Closed on
Mar 10, 2003
Sold by
Kirby Donald
Bought by
Kirby Donald K and The Kirby Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.82%
Source: Public Records

Range of Values:

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Average Value
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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
Liu Alice $2,200,000 Fidelity National Title Co
Adw No 1 Llc $1,650,000 Fidelity National Title Co
Kirby Donald K -- Equity Title Orange County-I
Kirby Donald K -- Equity Title Orange County-I
Kirby Donald K -- None Available
Kirby Donald K -- American Title Co
Kirby Donald -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Alice $2,200,000
Previous Owner Kirby Donald K $120,485
Previous Owner Kirby Donald $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2020 04/07/20 Sold $2,200,000 +0.2% $417 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $2,195,000 +33.0% $416 / Sq Ft
06/18/2019 06/18/19 Sold $1,650,000 -5.7% $313 / Sq Ft View Prior Sale
05/19/2019 05/19/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $1,750,000 -- $332 / 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 $27,170 $2,406,018 $1,093,645 $1,312,373
2024 $27,170 $2,358,842 $1,072,201 $1,286,641
2023 $26,661 $2,312,591 $1,051,178 $1,261,413
2022 $26,303 $2,267,247 $1,030,567 $1,236,680
2021 $25,828 $2,222,792 $1,010,360 $1,212,432
2020 $19,676 $1,683,000 $647,700 $1,035,300
2019 $7,264 $567,321 $244,841 $322,480
2018 $7,003 $556,198 $240,041 $316,157
2016 $6,644 $534,602 $230,721 $303,881
2015 $6,502 $526,573 $227,256 $299,317
2014 $6,358 $516,259 $222,805 $293,454
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Nikfarjam

    Seller's Agent in 2020

    Jonathan Nikfarjam

    Shield CRE, Inc.

    (310) 880-6807

    75 Total Sales

    Jonathan Nikfarjam
    Section Image

  • J

    Buyer's Agent in 2020

    Joy Lim

    West Shores Realty, Inc.

    Section Image
  • Ross Cohan

    Seller's Agent in 2019

    Ross Cohan

    Beach City Brokers

    (310) 993-3014

    2 in this area

    73 Total Sales

    Ross Cohan
    Section Image
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Map

Source: The MLS

MLS Number: 20-547426

The MLS

APN: 7369-010-003

California Los Angeles County Torrance 90505 Southwood Sunray

2979 W 235th St, Torrance, CA

This home is located at 2979 W 235th St, Torrance, CA 90505 since 24 January 2020 and is currently estimated at $2,752,851, approximately $521 per square foot. This property was built in 1964. 2979 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.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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