NOT LISTED FOR SALE

Estimated Value: $1,347,000 - $1,960,180

8 Beds
4 Baths
3,516 Sq Ft
$499/Sq Ft Est. Value

Last Sold February 07, 2014

Last sale price $990,000 $282 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $11,127/month

245 Days on Market

Highlights

  • Golf Course View
  • Property is near a park
  • No HOA
  • Evelyn Carr Elementary School Rated A-
  • Wood Flooring
  • Laundry Room

About This Home

As of February 2014

Great opportunity to own a 4-plex near El Camino College. All 2 bedroom, 1 bath units. Each unit has one car parking that is shared with 2 Two car garages off the alley in rear with ample street parking along Redondo BeachBlvd. Recently fixed up nice with newer paint, blinds and with original hardwood floors resurfaced. Excellent location! This is a non-rent control area of North torrance located directly accross from Alondra Golf Course and just East of South Bay Galleria Mall and 405 freeway. Daily Breezes in the afternoon from the beach are welcoming as you are only 4.5 miles away from the sand. Also, El Camino College is located just East of this property.

Last Agent to Sell the Property

Bill Mulkey

TR Wealth Management Inc. License #00986020 Listed on: 04/19/2013

Last Buyer's Agent

Sam Samimi

The Realestate Group License #01827818

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,756

Year Built

  • Built in 1957

Lot Details

  • 4,969 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 3,516 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Golf Course Views
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 15
  • Tax Tract Number 21246
  • Assessor Parcel Number 4087002015

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Insurance Expense $800
  • Maintenance Expense $1,359
  • Trash Expense $720
  • Water Sewer Expense $1,600
  • New Taxes Expense $12,189
  • Gross Income $5,664
  • Net Operating Income $48,681

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,756

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 4.89
  • Other Phone Description: Agent Cell
  • Other Phone Number: 310-919-7554
  • Price Per Unit: 248750
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1600.00
  • Property Type: Residential Income
  • Parcel Number: 4087002015
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 281.57

Exterior Features

  • View: Golf Course
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 4969.00
  • Lot Size Acres: 0.1140

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 858
  • Electric Expense: 480.00
  • Gross Income: 5664.00
  • Gross Multiplier: 14.64
  • Gross Scheduled Income: 67968.00
  • Gross Spendable Income: 14156.00
  • Insurance Expense: 800.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 4969.0000 Square Feet
  • Maintenance Expense: 1359.00
  • Net Operating Income: 48681.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Operating Expense: 17248.00
  • Operating Expense Percent: 26.00
  • Rent Control: No
  • Total Actual Rent: 5614.00
  • Vacancy Allowance: 2039
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 12189.00
  • Tax Lot: 15
  • Tax Tract Number: 21246
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2020
Sold by
Fayazzadeh Helga and Fayazzadeh Helena
Bought by
Fayazzadeh Helga and Helga Fayazzadeh Trust
Total Days on Market
245
Current Estimated Value
$1,753,295

Purchase Details

Closed on
Jan 7, 2020
Sold by
Fayazzadeh Helga and Helga Fayazzadeh Trust
Bought by
Fayazzadeh Helga and Helga Fayazzadeh Trust

Purchase Details

Closed on
Sep 24, 2019
Sold by
Fayazzadeh Helga and Fayazzadeh Helena
Bought by
Fayazzadeh Helga and Fayazzadeh Helena

Purchase Details

Listed on
Apr 19, 2013
Closed on
Mar 14, 2014
Sold by
Fayazzadeh Behrouz
Bought by
Fayazzadeh Behrouz and Behrouz Fayazzadeh Trust
Seller's Agent
Bill Mulkey
TR Wealth Management Inc.
Buyer's Agent
Sam Samimi
The Realestate Group
List Price
$1,040,000
Sold Price
$990,000
Premium/Discount to List
-$50,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%

Purchase Details

Listed on
Apr 19, 2013
Closed on
Dec 26, 2013
Sold by
Hklm Holding Llc
Bought by
Fayazzadeh Behrouz
Seller's Agent
Bill Mulkey
TR Wealth Management Inc.
Buyer's Agent
Sam Samimi
The Realestate Group
List Price
$1,040,000
Sold Price
$990,000
Premium/Discount to List
-$50,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2007
Sold by
Lacayo Uberne and Mulkey William M
Bought by
Hklm Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2007
Sold by
Troup Suzanne L and Estate Of Harry J Horn
Bought by
Lacayo Uberne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in the area

  • 3960 W 171st St, Torrance, CA 90504

    $2,100,000

    • 8 Beds
    • 5 Baths
    • 3,941 Sq Ft
    • 3960 W 171st St
    • Torrance, CA

    Discover a rare opportunity to own 4 units on a 21,389 sq. ft. lot with 3,941 sq. ft. of living space! This property is ideal for investors looking for upside potential of adding ADU(s). Three units are two-bedrooms and one-bath with one car garage. One unit, two-bedrooms, 1 baths with 2 car garage. The property is located near the 405 Freeway and near Artesia Blvd., school, park, restaurants,

    Eddie Angulo Caldwell Realty

    Section Image
  • 16725 Crenshaw Blvd, Torrance, CA 90504

    $1,450,000

    • 8 Beds
    • 4 Baths
    • 3,520 Sq Ft
    • 16725 Crenshaw Blvd
    • Torrance, CA

    ****PRICE REDUCTION**** This well-maintained 4-unit building offers an excellent investment opportunity in the heart of the city of Torrance. The building has been meticulously cared for, featuring long-term tenants. Situated in a highly sought-after neighborhood, the property is just minutes away from top-rated schools and El Camino College. Centrally located to major freeways (405fwy, 110fwy,

    Everardo Duran Duran Properties

    Section Image
  • 1414 Amapola Ave, Torrance, CA 90501

    $1,695,000

    • 6 Beds
    • 6 Baths
    • 2,736 Sq Ft
    • 1414 Amapola Ave
    • Torrance, CA

    Front house is vacant. Trust Sale that is on the market for the first time since 1968 on one of the best blocks in Old Torrance. Front house is a California Craftsman built in 1923. Three bedroom, two bathroom in 1219 sqft. Private yard. Three car long driveway to two car garage. Front house has good sized remodeled kitchen, laundry room and two remodeled baths. Rear duplex built in 1985

    John Fields Bonanza Realty

    Section Image
  • 1612 W 226th St, Torrance, CA 90501

    $1,750,000

    • 8 Beds
    • 4 Baths
    • 3,124 Sq Ft
    • 1612 W 226th St
    • Torrance, CA

    INCREASE CASH FLOW! NEW CALIFORNIA LAW WILL ALLOW UP TO 4 ADU ON THIS LOT!! THERE ARE FOUR CAR GARAGES THAT YOU CAN EASILY CONVERT OR EXPAND INTO 4X 1 OR 2 BEDROOM UNITS WHILE STILL MAINTAINING A MASSIVE PARKING LOT. INCREASE YOUR CASH FLOW!!FULLY RECENTLY RENOVATED FOURPLEX WITH LAUNDRY ROOM AND 4 CAR GARAGES. PERFECT FOR INVESTOR.

    Lou Wu LOU EDWARDS FINANCIAL INC.

    Section Image
  • 2453 253rd St, Lomita, CA 90717

    $1,450,000

    • 6 Beds
    • 3 Baths
    • 1,620 Sq Ft
    • 2453 253rd St
    • Lomita, CA

    Situated on one of the largest lots in this horse stable-compatible section of Lomita—nearly double the size of most lots in the area—this property offers incredible possibilities. Whether you're looking to build horse stables, park RVs, construct a third private home, or create your own private outdoor haven, this expansive lot provides the perfect canvas to bring your vision to life.This

    Ryan Versfelt Lyon Stahl Investment Real Estate, Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fayazzadeh Helga -- None Available
Fayazzadeh Helga -- None Available
Fayazzadeh Helga -- None Available
Fayazzadeh Helga -- None Available
Fayazzadeh Behrouz -- None Available
Fayazzadeh Behrouz $990,000 Fatcola
Hklm Holdings Llc -- Accommodation
Lacayo Uberne $925,000 United Title Company-La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fayazzadeh Behrouz $470,000
Previous Owner Lacayo Uberne $647,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2014 02/07/14 Sold $990,000 -4.8% $282 / Sq Ft
12/20/2013 12/20/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $1,040,000 -- $296 / 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
2024 $15,756 $1,343,715 $586,274 $757,441
2023 $15,463 $1,317,369 $574,779 $742,590
2022 $15,254 $1,291,539 $563,509 $728,030
2021 $13,350 $1,121,178 $781,428 $339,750
2020 $13,152 $1,109,683 $773,416 $336,267
2019 $12,965 $1,087,925 $758,251 $329,674
2018 $12,585 $1,066,594 $743,384 $323,210
2016 $12,014 $1,025,178 $714,518 $310,660
2015 $11,753 $1,009,780 $703,786 $305,994
2014 $8,501 $720,000 $403,200 $316,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13070570

California Regional Multiple Listing Service (CRMLS)

APN: 4087-002-015