NOT LISTED FOR SALE

3323 W 190th St Torrance, CA 90504

North Torrance Neighborhood

Estimated Value: $1,230,000 - $1,633,406

7 Beds
4 Baths
3,156 Sq Ft
$466/Sq Ft Est. Value

Last Sold September 06, 2022

Last sale price $1,350,000 $428 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,241/month

28 Days on Market

Highlights

  • Golf Course Community
  • Park
  • Bike Trail
  • Yukon Elementary School Rated A-
  • Laundry Room

About This Home

As of September 2022

3323 W 190th St is a well-positioned 4-plex in Torrance
offered at only 337k/unit! (1) 1Bed+1Bath unit is
currently tenant-ready offering immediate upside. Built in
1951, 3323 W 190th has a unit mix of (1) 3Bed+1Bath, (1)
2Bed+1Bath, and (2) 1Bed+1Bath units. This would be
the perfect investment opportunity for any Price Per
Door buyer or owner/user looking to live in the
3Bed+1Bath front house and have the other tenants
pay your mortgage.
3323 W 190th St features 3,156 SF of rentable space
and is situated on a 5,000 SF lot. The property features
a two-car garage and ample street parking. There is
also a shared laundry room on site.
The subject property is located in a nice quiet pocket
of Northwest Torrance, an area featuring a top-tier
school system with an overall Niche Grade of an "A".
Over the last year, home values in Torrance have seen
an increase of over 18%, larger than the average
increase in LA County.

Last Agent to Sell the Property

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 06/14/2022

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 06/14/2022

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,785

Year Built

  • Built in 1951

Lot Details

  • 5,000 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 3,156 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block 30 / 44
  • Tax Tract Number 16099
  • Assessor Parcel Number 4090018006
  • $769 per year additional tax assessments

Community Details

Recreation

  • Golf Course Community
  • Park
  • Bike Trail

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $23,997
  • Gross Income $73,800
  • Net Operating Income $47,589

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,785

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • CapRate: 3.53
  • Price Per Unit: 337500
  • Property Attached: Yes
  • Zoning: TORR-MD
  • Property Type: Residential Income
  • Parcel Number: 4090018006
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 427.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Golf, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Gross Income: 73800.00
  • Gross Multiplier: 18.29
  • Gross Operating Income: 71586.00
  • Gross Scheduled Income: 73800.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 47589.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 23997.00
  • Rent Control: Yes
  • Total Expenses: 23997.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 44
  • Tax Census Tract: 6502.00
  • Tax Lot: 30
  • Tax Tract Number: 16099
  • TaxOtherAnnualAssessmentAmount: 769.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Chattha Asif Mahmood
Bought by
190Th Trust and Chattha
Current Estimated Value
$1,469,352

Purchase Details

Closed on
Jan 31, 2023
Sold by
Nwandiko Chidi Madukoma
Bought by
Chattha Asif Mahmood

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 22, 2022
Sold by
Nazia Ashiq
Bought by
Chattha Asif
Seller's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,350,000
Sold Price
$1,350,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%
Original Mortgage
$1,012,500
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 2, 2022
Sold by
Daniel J Davis Revocable Living Trust
Bought by
Chattha Asif and Nwandiko Chidi M
Seller's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,350,000
Sold Price
$1,350,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 1998
Sold by
Davis Daniel J
Bought by
Davis Daniel J and Daniel J Davis Revocable Living Trust

Purchase Details

Closed on
Sep 24, 1998
Sold by
Davis Diann M
Bought by
Davis Diann M and Di Ann M Davis Revocable Living Trust

Purchase Details

Closed on
Jan 15, 1990
Sold by
Davis Daniel J
Bought by
Davis Daniel J and Davis Kenneth F
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
190Th Trust -- None Listed On Document
Chattha Asif Mahmood -- None Listed On Document
Chattha Asif -- First American Title Company O
Chattha Asif $9,259,090 First American Title Company O
Davis Daniel J -- --
Davis Daniel J -- --
Davis Diann M -- --
Davis Daniel J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chattha Asif $1,012,500
Previous Owner Davis Daniel J $193,000
Previous Owner Davis Daniel J $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Sold $1,350,000 0.0% $428 / Sq Ft
06/14/2022 06/14/22 For Sale $1,350,000 -- $428 / 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 $17,785 $1,742,160 $1,132,200 $609,960
2024 $17,785 $1,528,500 $693,750 $834,750
2023 $15,804 $1,350,000 $625,000 $725,000
2022 $5,799 $447,009 $197,562 $249,447
2021 $5,680 $438,245 $193,689 $244,556
2019 $5,521 $425,248 $187,945 $237,303
2018 $5,315 $416,910 $184,260 $232,650
2016 $5,054 $400,723 $177,106 $223,617
2015 $4,944 $394,705 $174,446 $220,259
2014 $4,840 $386,974 $171,029 $215,945
Source: Public Records

Agents Affiliated with this Home

  • Cameron Samimi

    Seller's Agent in 2022

    Cameron Samimi

    Lyon Stahl Investment Real Estate, Inc.

    (310) 259-7556

    1 in this area

    189 Total Sales

    Cameron Samimi
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22122266

California Regional Multiple Listing Service (CRMLS)

APN: 4090-018-006

California Los Angeles County Torrance 90503 North Torrance

3323 W 190th St, Torrance, CA

This home is located at 3323 W 190th St, Torrance, CA 90504 since 14 June 2022 and is currently estimated at $1,469,352, approximately $465 per square foot. This property was built in 1951. 3323 W 190th St is a home located in Los Angeles County with nearby schools including Yukon Elementary School, Philip Magruder Middle School, and North 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

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