Seller's Agent in 2020
Austin Longwell
West Shores Realty, Inc.
(626) 408-4420
12 Total Sales
3419 W 190th St Torrance, CA 90504
North Torrance NeighborhoodEstimated Value: $1,140,000 - $1,733,000
7
Beds
4
Baths
2,875
Sq Ft
$502/Sq Ft
Est. Value
Highlights
- No HOA
- Yukon Elementary School Rated A-
- Laundry Room
About This Home
As of January 2020-$$$ Lowest Priced 4 unit in North Torrance $$$-
Don't miss this opportunity to purchase a value add 4plex in the highly coveted North West pocket of Torrance.
We are pleased to present 3419 W 190th St located in North Torrance. This centrally located South Bay 4 unit has an ideal unit mix consisting of a large 3 Bedroom 1 Bath detached home, a 2 Bedroom 1 Bath unit, and (2) 1 Bedroom 1 Bath units. There is a laundry room, storage, and (2) two-car garages with alleyway access, giving the new owner potential for multiple streams of additional income. The Owners recently installed a brand-new roof on the property guaranteed for another 10 years and have done a great job maintaining and updating the property. The tenants’ rents have been left artificially low for ease of management, but are due for an increase.
The property is blocks from The South Bay Galleria, Honda & Herbalife's corporate offices, Walmart & plenty of other shopping, dining, and lifestyle attractions. Torrance is continually ranked as a top school district and one of the safest communities in California year after year, making this an ideal opportunity for owner-users and investors alike.
Last Agent to Sell the Property
West Shores Realty, Inc. License #02036524 Listed on: 05/08/2019
Last Buyer's Agent
Doug Lawson
Lyon Stahl Investment Real Estate, Inc. License #02034909
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,145
Year Built
- Built in 1951
Lot Details
- 4,997 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
Home Design
- 2,875 Sq Ft Home
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Location
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, water
- Tax Lot 37
- Tax Tract Number 16099
- Assessor Parcel Number 4090018013
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $400
- Gardener Expense $800
- Insurance Expense $1,006
- Maintenance Expense $2,178
- Trash Expense $800
- Water Sewer Expense $1,200
- New Taxes Expense $13,750
- Operating Expense $20,134
- Gross Income $72,600
- Net Operating Income $50,288
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2019
Closed on
Jan 13, 2020
Sold by
Gangireddy Surya and Talamachi Swetha
Bought by
Corbett Colby and Corbett Conrad
Seller's Agent
Austin Longwell
West Shores Realty, Inc.
Buyer's Agent
Doug Lawson
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,295,000
Sold Price
$1,037,000
Premium/Discount to List
-$258,000
-19.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,410
Avg. Annual Appreciation
5.94%
Original Mortgage
$829,600
Outstanding Balance
$734,395
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$708,015
Purchase Details
Closed on
May 13, 2013
Sold by
Gangireddy Surya
Bought by
Gangireddy Surya and Talamanchi Swetha
Purchase Details
Closed on
Oct 21, 2003
Sold by
Franks O D
Bought by
Gangireddy Surya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 24, 2002
Sold by
Sosa Emma L
Bought by
Franks O D and Franks Lois M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
5.5%
Purchase Details
Closed on
May 9, 2001
Sold by
Sosa Henry U
Bought by
Sosa Emma L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.06%
Purchase Details
Closed on
Jul 20, 2000
Sold by
Phillips Kenton A
Bought by
Sosa Henry U and Sosa Emma L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,400
Interest Rate
8.2%
Purchase Details
Closed on
Jan 22, 1999
Sold by
Rodriguez Rolando
Bought by
Phillips Kenton A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,106
Interest Rate
6.78%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Corbett Colby | $1,037,000 | First American Title Company | |
| Gangireddy Surya | -- | Priority Title | |
| Gangireddy Surya | $607,500 | Investors Title Company | |
| Gangireddy Surya | -- | Investors Title Company | |
| Franks O D | $525,000 | American Title Co | |
| Sosa Emma L | -- | Fidelity Title | |
| Sosa Henry U | $348,000 | Stewart Title | |
| Phillips Kenton A | $285,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Corbett Colby | $829,600 | |
| Previous Owner | Gangireddy Surya | $486,000 | |
| Previous Owner | Franks O D | $472,500 | |
| Previous Owner | Sosa Emma L | $285,000 | |
| Previous Owner | Sosa Henry U | $278,400 | |
| Previous Owner | Phillips Kenton A | $283,106 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/29/2020 01/29/20 | Sold | $1,037,000 | -5.7% | $361 / Sq Ft |
| 11/26/2019 11/26/19 | Pending | -- | -- | -- |
| 11/07/2019 11/07/19 | Price Changed | $1,100,000 | -2.2% | $383 / Sq Ft |
| 10/07/2019 10/07/19 | Price Changed | $1,124,500 | -4.3% | $391 / Sq Ft |
| 08/23/2019 08/23/19 | Price Changed | $1,175,000 | -2.7% | $409 / Sq Ft |
| 07/19/2019 07/19/19 | Price Changed | $1,207,500 | -3.3% | $420 / Sq Ft |
| 05/30/2019 05/30/19 | Price Changed | $1,249,000 | -3.6% | $434 / Sq Ft |
| 05/08/2019 05/08/19 | For Sale | $1,295,000 | -- | $450 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,145 | $1,134,107 | $464,798 | $669,309 |
| 2024 | $13,145 | $1,111,871 | $455,685 | $656,186 |
| 2023 | $12,901 | $1,090,070 | $446,750 | $643,320 |
| 2022 | $12,727 | $1,068,697 | $437,991 | $630,706 |
| 2021 | $12,494 | $1,047,743 | $429,403 | $618,340 |
| 2020 | $9,554 | $789,767 | $564,215 | $225,552 |
| 2019 | $9,418 | $774,282 | $553,152 | $221,130 |
| 2018 | $9,117 | $759,101 | $542,306 | $216,795 |
| 2016 | $8,700 | $729,627 | $521,249 | $208,378 |
| 2015 | $8,510 | $718,668 | $513,420 | $205,248 |
| 2014 | $8,305 | $704,591 | $503,363 | $201,228 |
Source: Public Records
Agents Affiliated with this Home
-
Austin Longwell
-
Johnnie Stiegler
Seller Co-Listing Agent in 2020
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
(310) 606-0939
3 in this area
94 Total Sales
-
D
Buyer's Agent in 2020
Doug Lawson
Lyon Stahl Investment Real Estate, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19105564
APN: 4090-018-013
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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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