$1,390,000
SOLD MAR 21, 2025
5 Beds
2 Baths
1,969 Sq Ft
5,721 Sq Ft Lot

Recently Sold

$706 Per Sq Ft

7% Below List Price

57 Days on Market

Highlights

  • Guest House
  • Second Garage
  • Covered Patio or Porch
  • Walteria Elementary School Rated A
  • No HOA
  • Open to Family Room

About This Home

As of March 2025

Discover this charming South Bay duplex nestled in the highly desirable Walteria neighborhood of Torrance just minutes away from Hollywood Riviera and South Redondo Beach. Offering a total of 1,969 square feet of living space on a 5,721-square-foot lot, this property provides versatility and value. This duplex is perfect for investors, multi-generational living, or owner-occupiers looking to offset costs with rental income. The main home is a single-story home offering 1,067 sq.ft. with 3 bedrooms and 1 bathroom. With its low-maintenance turf and gravel landscaping, the home boasts delightful curb appeal. Inside, you’ll find a spacious kitchen with ample counter space, an open layout to the family room, and updated flooring throughout. A private, low-maintenance yard separates the main house from the rear unit, complete with a patio cover and ample space for outdoor seating, dining, or gardening. The rear unit, perched above the garages with convenient alley access, offers 902 square feet, 2 bedrooms, and 1 bathroom. Its open-concept kitchen features a large island, connecting effortlessly to the dining and living areas with updated flooring throughout most of the home. The property also includes two spacious two-car garages, each with individual access and washer/dryer hookups. Ideally situated near Del Amo Fashion Center, parks, restaurants, entertainment, and a short drive to the beach. Don't miss this unique opportunity!

Last Agent to Sell the Property

Matthew Gregory

Gregory Real Estate Group Brokerage Phone: 661-713-4799 License #01463326 Listed on: 11/21/2024

Co-Listed By

Meray Gregory

Gregory Real Estate Group Brokerage Phone: 661-713-4799 License #01831112

Last Buyer's Agent

Joyce Yang

Estate Properties License #00915854

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,717

Year Built

  • Built in 1949

Lot Details

  • 5,721 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Back and Front Yard

Parking

  • 4 Car Garage
  • Second Garage
  • Parking Available

Home Design

  • Duplex
  • Entry on the 1st floor
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,969 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Family Room Off Kitchen
  • Living Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Covered Patio or Porch
  • Guest House

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 4 / 1
  • Tax Tract Number 15140
  • Assessor Parcel Number 7535018004
  • $487 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,717

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: TORR-LM
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7535018004
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1969.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 705.94
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Blinds
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Guest House, Second Garage
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Concrete, Covered
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Torrance Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5721.00
  • Lot Size Acres: 0.1313

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5721.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 6514.02
  • Tax Lot: 4
  • Tax Tract Number: 15140
  • TaxOtherAnnualAssessmentAmount: 487.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
Feb 26, 2025
Sold by
Neveux Revocable Trust and Ferndino Beth A
Bought by
Tsao Han Wen and Tseng Farn-Hsuan
Seller's Agent
Matthew Gregory
Gregory Real Estate Group
Buyer's Agent
Joyce Yang
Estate Properties
List Price
$1,500,000
Sold Price
$1,390,000
Premium/Discount to List
-$110,000
-7.33%
Views
167
Current Estimated Value
$1,387,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,242
Avg. Annual Appreciation
-0.31%
Original Mortgage
$1,181,500
Outstanding Balance
$1,175,476
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$212,282

Purchase Details

Closed on
May 31, 1994
Sold by
Neveux Leo I and Neveux Rose
Bought by
Neveux Leo I and Neveux Rose
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 Type Sale Price Title Company
Grant Deed $1,390,000 Wfg National Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,181,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2025 03/21/25 Sold $1,390,000 -4.1% $706 / Sq Ft
02/10/2025 02/10/25 Price Changed $1,450,000 -3.3% $736 / Sq Ft
01/21/2025 01/21/25 For Sale $1,500,000 0.0% $762 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
12/09/2024 12/09/24 Price Changed $1,500,000 -6.3% $762 / Sq Ft
11/21/2024 11/21/24 For Sale $1,600,000 -- $813 / 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 $2,717 $212,000 $61,016 $150,984
2024 $2,717 $207,844 $59,820 $148,024
2023 $2,671 $203,770 $58,648 $145,122
2022 $2,634 $199,776 $57,499 $142,277
2021 $2,574 $195,860 $56,372 $139,488
2020 $2,538 $193,852 $55,794 $138,058
2019 $2,502 $190,051 $54,700 $135,351
2018 $2,371 $186,326 $53,628 $132,698
2016 $2,245 $179,094 $51,547 $127,547
2015 $2,196 $176,405 $50,773 $125,632
2014 $2,153 $172,951 $49,779 $123,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24236300

California Regional Multiple Listing Service (CRMLS)

APN: 7535-018-004