Seller's Agent in 2017
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
2 in this area
144 Total Sales
3560 Emerald St Torrance, CA 90503
West Torrance NeighborhoodEstimated Value: $1,573,000 - $2,836,000
8
Beds
4
Baths
3,600
Sq Ft
$634/Sq Ft
Est. Value
Highlights
- Corner Lot
- Victor Elementary School Rated A
- Laundry Room
About This Home
As of November 2017This property features an excellent unit mix of all 2-Bedroom/1-Bathroom units, with (2) two-car garages in the rear beneath a large outdoor patio. These units are surrounded by a well-maintained lawn and verdant shrubbery, which contribute to its great curb-appeal. All of the units are separately metered for gas and electricity and have access to a laundry facility on the side of the building. Located down the street from the Del Amo Fashion Center as well as several schools, this corner property is in an unbeatable area. This is a perfect investment opportunity for anyone looking to maximize cash flow and acquire assets in one of the up-and-coming cities in the South Bay!
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 08/12/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,274
Year Built
- Built in 1963
Lot Details
- 5,652 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 4 Car Garage
Home Design
- 3,600 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 3458
- Assessor Parcel Number 7524013018
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,260
- New Taxes Expense $20,084
- Operating Expense $27,885
- Gross Income $71,376
- Net Operating Income $39,922
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 19, 2019
Sold by
3560 Emerald Apartments Llc
Bought by
3560 Emerald Apartments Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$992,000
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 14, 2019
Sold by
Cheng Eric W and The Eric W Cheng Trust
Bought by
3560 Emerald Apartment Llc
Purchase Details
Listed on
Aug 12, 2017
Closed on
Oct 30, 2017
Sold by
Nygren Melton J
Bought by
Cheng Eric W and Eric W Cheng Trust
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Uni Mayesh
eXp Realty of California Inc
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
3.95%
Purchase Details
Closed on
Feb 28, 2005
Sold by
Eubanks Calvin C
Bought by
Eubanks Calvin C and Eubanks Jeri L
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 |
|---|---|---|---|
| 3560 Emerald Apartments Llc | -- | First American Title | |
| 3560 Emerald Apartment Llc | -- | None Available | |
| Cheng Eric W | $1,650,000 | None Available | |
| Eubanks Calvin C | -- | -- | |
| Eubanks Calvin C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 3560 Emerld Apartments Llc | $996,000 | |
| Closed | 3560 Emerald Apartments Llc | $992,000 | |
| Previous Owner | Cheng Eric W | $1,005,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2017 11/07/17 | Sold | $1,650,000 | -5.7% | $458 / Sq Ft |
| 10/25/2017 10/25/17 | Pending | -- | -- | -- |
| 10/05/2017 10/05/17 | For Sale | $1,750,000 | 0.0% | $486 / Sq Ft |
| 09/13/2017 09/13/17 | Pending | -- | -- | -- |
| 08/12/2017 08/12/17 | For Sale | $1,750,000 | -- | $486 / 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 | $21,274 | $1,877,414 | $1,308,501 | $568,913 |
| 2024 | $21,274 | $1,840,603 | $1,282,845 | $557,758 |
| 2023 | $20,875 | $1,804,514 | $1,257,692 | $546,822 |
| 2022 | $20,595 | $1,769,132 | $1,233,032 | $536,100 |
| 2021 | $20,226 | $1,734,444 | $1,208,855 | $525,589 |
| 2020 | $19,922 | $1,716,660 | $1,196,460 | $520,200 |
| 2019 | $19,638 | $1,683,000 | $1,173,000 | $510,000 |
| 2018 | $19,104 | $1,650,000 | $1,150,000 | $500,000 |
| 2017 | $2,515 | $164,305 | $52,154 | $112,151 |
| 2016 | $2,413 | $161,084 | $51,132 | $109,952 |
| 2015 | $2,362 | $158,665 | $50,364 | $108,301 |
| 2014 | $2,332 | $155,558 | $49,378 | $106,180 |
Source: Public Records
Agents Affiliated with this Home
-
Brett Lyon
-
Woody Stahl
Seller Co-Listing Agent in 2017
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
2 in this area
154 Total Sales
-
Uni Mayesh
Buyer's Agent in 2017
Uni Mayesh
eXp Realty of California Inc
(310) 569-6535
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17200359
APN: 7524-013-018
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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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