NOT LISTED FOR SALE
8 Beds
7 Baths
22,953 Sq Ft
31,494 Sq Ft Lot

Sale Details

Date Sold: May 17, 2014

Last sale price $5,150,000 $224 Per Sq Ft

28 Days on Market

Highlights

  • Private Pool
  • 0.72 Acre Lot
  • Resident Manager or Management On Site
  • Victor Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of May 2014

Property Id: 1589069

MOVE IN READY. NON-SMOKING BLDG.

The property is located at 3711 Emerald St. Torrance CA 90503
NON-NEGOTIABLE YEAR LEASE 2845 per month plus $ 1500 Security deposit (with A credit)

to apply, EACH ADULT MUST provide the following:
1. Fill out completely and sign the application form
2. Copy of Driver License and SS card
3. Provide the last 4 paycheck stubs.
4. Provide the last 4 bank statements
** If self-employed, the last 3 tax statements

BUILDING:
* The building pays for water and trash.
* POOL
* Pet under 20 lbs. 100 monthly fee
* GATED Bldg. with Intercom
* Laundry room on the premises (Phone app operated).
* 2 Parking spaces + storage unit

UNIT:
* 1 Master bed + W/I closet + Private Balcony
* 1 bed + Triple closet
* Laminate floors throughout the apt.
* Ceiling fans.
* Kitchen appliances: GAS Stove, MICROWAVE, DISHWASHER & REFRIGERATOR.
* Large and bright living room w/Fireplace.
* Custom faux wood blinds.
* TWO tone paint

Last Agent to Sell the Property

Dana Graham

Berkshire Hathaway HomeService License #00877973 Listed on: 03/03/2014

Berkshire Hathaway HomeService

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 31,501 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 30 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 22,953 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Outdoor Features

  • Private Pool
  • Rain Gutters

Utilities

  • Central Heating
  • Wall Furnace
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 18
  • Tax Tract Number 3458
  • Assessor Parcel Number 7524011068

Community Details

Overview

  • No Home Owners Association
  • 19 Units

Amenities

  • Picnic Area
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Building Details

  • 13 Leased Units
  • 19 Separate Electric Meters
  • 19 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $10,873
  • Maintenance Expense $34,826
  • Professional Management Expense $12,000
  • Trash Expense $6,410
  • Water Sewer Expense $12,858
  • Gross Income $15,743
  • Net Operating Income $5,915

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0.72 Acres

Parking

30

Listing Details

  • Professional Management Expense: 12000.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 12858.00
  • Property Type: Residential Income
  • Parcel Number: 7524011068
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Fireplace Features: Living Room
  • Price Per Square Foot: 224.37

Exterior Features

  • Pool Features: Community
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 30.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 38.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 6410.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Amenities: Hot Water, Management, Pets Permitted, Picnic Area, Pool, Sewer, Storage, Trash
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Lot Size Sq Ft: 31501.00
  • Lot Size Acres: 0.7230

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 15743.00
  • Gross Scheduled Income: 188915.00
  • Insurance Expense: 10873.00
  • Lot Size Area: 31501.0000 Square Feet
  • Maintenance Expense: 34826.00
  • Net Operating Income: 5915.00
  • Number Of Separate Electric Meters: 19
  • Number Of Separate Gas Meters: 19
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 13
  • Number Of Units Total: 19
  • Number With Dishwasher: 19
  • Number With Disposal: 19
  • Number With Range: 19
  • Operating Expense: 183000.00
  • Rent Control: No

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 3458
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Off Market $2,845 -- --
09/24/2024 09/24/24 Price Changed $2,845 -1.7% $3 / Sq Ft
09/08/2024 09/08/24 For Rent $2,895 0.0% --
05/17/2014 05/17/14 Sold $5,150,000 +14.4% $224 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $4,500,000 -- $196 / 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 $73,973 $6,323,762 $3,984,050 $2,339,712
2024 $73,973 $6,199,768 $3,905,932 $2,293,836
2023 $72,607 $6,078,205 $3,829,346 $2,248,859
2022 $71,634 $5,959,025 $3,754,261 $2,204,764
2021 $70,303 $5,842,183 $3,680,649 $2,161,534
2019 $68,302 $5,668,903 $3,571,480 $2,097,423
2018 $66,157 $5,557,749 $3,501,451 $2,056,298
2016 $63,041 $5,341,937 $3,365,487 $1,976,450
2015 $61,588 $5,252,897 $3,314,935 $1,937,962
2014 $19,757 $1,470,074 $277,036 $1,193,038
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14093128

California Regional Multiple Listing Service (CRMLS)
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