NOT LISTED FOR SALE

Estimated Value: $1,056,000 - $1,379,000

6 Beds
4 Baths
2,440 Sq Ft
$499/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $950,000 $389 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,403/month

23 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Living Room
  • Yukon Elementary School Rated A-
  • Crown Molding
  • Laundry Room

About This Home

As of July 2019

Great income producing property in Torrance. All utilities for the individual units are separately metered, the back house was built in 1991, and the front of the house has been updated ensuring this property produces great rent. The front house features tile floor, granite counters, and great lighting. The back house features its own private entrance, lots of natural light, and sits above the garages. Each house has a two car garage.

Last Agent to Sell the Property

Kurt Steffien

Realty Discount Corporation License #01846666 Listed on: 03/27/2019

Last Buyer's Agent

Gerry Nicks

Keller Williams Realty License #01798836

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 4,997 Sq Ft Lot
  • No Common Walls
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Turnkey
  • Additions or Alterations
  • Slab Foundation

Interior Spaces

  • 2,440 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Living Room

Kitchen

  • Gas Oven
  • Microwave
  • Granite Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 35
  • Tax Tract Number 16099
  • Assessor Parcel Number 4090018011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $57,780
  • Net Operating Income $57,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

4,997 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Zoning: TORR-MD
  • Property Condition: Additions/Alterations, Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4090018011
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Formica Counters, Granite Counters, Stone Counters, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: One, Two
  • Price Per Square Foot: 389.34
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 4997.00
  • Lot Size Acres: 0.1147

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 57780.00
  • Gross Scheduled Income: 64200.00
  • Lot Size Area: 4997.0000 Square Feet
  • Net Operating Income: 57780.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 6420.00
  • Operating Expense Percent: 10.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 6502.00
  • Tax Lot: 35
  • Tax Tract Number: 16099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2020
Sold by
Nicks Gerry and Nicks Laddie
Bought by
Nicks Gerry A and Nicks Laddie D
Current Estimated Value
$1,216,929

Purchase Details

Closed on
Apr 17, 2019
Sold by
Monreal Giselle M
Bought by
Nicks Gerry and Nicks Laddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2019
Sold by
Trott James P
Bought by
Monreal Giselle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2019
Sold by
Monreal Giselle M and Trott James P
Bought by
Monreal Giselle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2018
Sold by
Monreal Giselle M and Sepulveda Glselle M
Bought by
Monreal Giselle M and Trott James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 21, 2016
Sold by
Gonzalez Antonio and Gonzalez Natalia
Bought by
Monreal Giselle M and Sepulveda Giselle M

Purchase Details

Closed on
Oct 20, 2011
Sold by
Sepulveda Giselle M
Bought by
Sepulveda Giselle M and Gonzalez Antonio

Purchase Details

Closed on
Aug 30, 2005
Sold by
Sepulveda Julio E
Bought by
Sepulveda Giselle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 28, 2005
Sold by
Monreal Ricardo R and Sepulveda Giselle M
Bought by
Sepulveda Giselle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 16, 2005
Sold by
Monreal Ricardo R
Bought by
Monreal Ricardo R and Sepulveda Giselle M

Purchase Details

Closed on
Jun 25, 2002
Sold by
Monreal Giselle M
Bought by
Monreal Ricardo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,800
Interest Rate
8.86%

Purchase Details

Closed on
Jun 5, 2002
Sold by
Patel Kanubhai R and Patel Sharda K
Bought by
Monreal Ricardo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,800
Interest Rate
8.86%

Purchase Details

Closed on
Aug 13, 1997
Sold by
Patel Kanubhai R
Bought by
Patel Kanubhai R and Patel Sharda K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nicks Gerry A -- Accommodation
Nicks Gerry $950,000 Ticor Title
Monreal Giselle M -- Wfg Title
Monreal Giselle M -- None Available
Monreal Giselle M -- First American Title Company
Monreal Giselle M -- None Available
Sepulveda Giselle M -- None Available
Sepulveda Giselle M -- Alliance Title Company
Sepulveda Giselle M -- --
Monreal Ricardo R -- --
Monreal Ricardo R -- American Title Co
Monreal Ricardo R $372,000 First American Title Co
Patel Kanubhai R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicks Gerry $712,500
Previous Owner Monreal Giselle M $616,000
Previous Owner Sepulveda Giselle M $364,000
Previous Owner Sepulveda Giselle M $364,000
Previous Owner Monreal Ricardo R $334,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $950,000 +0.1% $389 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $949,000 -- $389 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,020 $1,038,960 $410,115 $628,845
2024 $11,816 $1,018,589 $402,074 $616,515
2023 $12,818 $998,618 $394,191 $604,427
2022 $11,442 $979,038 $386,462 $592,576
2021 $11,235 $959,842 $378,885 $580,957
2020 $11,067 $950,000 $375,000 $575,000
2019 $2,572 $700,478 $466,988 $233,490
2018 $5,587 $473,504 $315,672 $157,832
2016 $5,323 $455,119 $303,415 $151,704
2015 $5,207 $448,284 $298,858 $149,426
2014 $5,079 $439,503 $293,004 $146,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19067824

California Regional Multiple Listing Service (CRMLS)

APN: 4090-018-011

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