NOT LISTED FOR SALE

5001 Paseo de Las Tortugas Torrance, CA 90505

Riviera Neighborhood

Estimated Value: $2,116,000 - $2,471,000

4 Beds
4 Baths
3,126 Sq Ft
$734/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $1,855,750 $594 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $13,876/month

20 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Riviera Elementary School Rated A
  • Hilltop Location
  • 2-minute walk to Los Arboles Park

About This Home

As of November 2021

This view property, on a large lot, is a great remodel opportunity. 3/4 of the home was built/remodeled in the 90's. The panoramic views will make you feel like you are sitting at the top of the world. Gaze at the ever changing sky, sea, and city, while cooking, hanging out, or entertaining family and friends. The floorpan consists of a large, light filled living room, with high ceilings, a fireplace, and lots of windows. There is a formal dining area that opens to the living room. The kitchen is on the view side of the house and opens to a sitting/entertainment area. Sliding glass doors open to the patio and the endless views. There are two bedrooms downstairs - one was used an office and has built in desk. There is also a little room that could be a crafts room or a laundry room. Upstairs you will find the master bedroom and a fourth bedroom. The large master suite has a private balcony. Imagine waking up everyday to panoramic views of the city and the sea. The yard area is tiered down hill. A covered sitting area welcomes you on the second level. At the bottom there is a grassy area that is about the size of a basketball court. Pick your dream finishes and make this home you're forever home.

Last Agent to Sell the Property

Lynn O'Donnell

Vista Sotheby's International Realty License #01350661 Listed on: 08/20/2021

Vista Sotheby's International Realty

Last Buyer's Agent

Hai Nguyen

License #01314730

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,399

Year Built

  • Built in 1956

Lot Details

  • 0.28 Acre Lot
  • North Facing Home
  • Hilltop Location
  • Property is zoned TORR-LO

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Panoramic
  • City Lights

Home Design

  • Mediterranean Architecture
  • Fixer Upper

Interior Spaces

  • 3,126 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Sliding Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Enclosed Glass Porch

Utilities

  • Sewer in Street

Community Details

  • No Home Owners Association
  • Built by 3/4 of the house 1990's built

Listing and Financial Details

  • Assessor Parcel Number 7532-012-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,399

Year Built

Built in 1956

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Builder Name: 3/4 of the house 1990's built
  • Entry Location: Living Room
  • Living Area: 3126
  • Lot Acreage: 0.2847
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Family Room
  • Flooring: Mixed, Tile, Wood
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Family Kitchen, Dining Area
  • Laundry: Garage
  • Total Bathrooms: 4.00
  • Equipment: Dryer, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 591.81

Exterior Features

  • Direction Faces: North
  • Other Features: Balcony, High Ceilings (9 Feet+), Sliding Glass Doors
  • Other Structures: None
  • Patio: Porch - Rear, Enclosed Glass Porch
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Private Garage, Attached, Garage - 3 Car
  • Total Parking: 3

Utilities

  • Heating: Fireplace
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 7532-012-010
  • Lot Location: Hilltop, Hillside
  • Lot Size Area: 12402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2025
Sold by
Dang Phong Thanh and Nguyen Hai Kim
Bought by
Phong Thanh Dang And Hai Kim Nguyen Revocable and Dang
Current Estimated Value
$2,294,404

Purchase Details

Closed on
Dec 4, 2002
Sold by
Larsen Oliver H
Bought by
Larsen Oliver H and Larsen Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,500
Interest Rate
5.83%

Purchase Details

Closed on
Sep 14, 2001
Sold by
Larsen Oliver H
Bought by
Larsen Oliver H and Larsen Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.99%

Purchase Details

Closed on
Feb 2, 1999
Sold by
Larsen Oliver H
Bought by
Larsen Oliver H and Larsen Mary Ellen
Source: Public Records

Range of Values:

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Average Value
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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
Phong Thanh Dang And Hai Kim Nguyen Revocable -- None Listed On Document
Larsen Oliver H -- First American Title Co
Larsen Oliver H -- Fatcola
Larsen Oliver H -- First American Title Co
Larsen Oliver H -- First American Title Ins Co
Larsen Oliver H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larsen Oliver H $523,500
Previous Owner Larsen Oliver H $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2021 11/18/21 Sold $1,855,750 +0.3% $594 / Sq Ft
10/23/2021 10/23/21 Price Changed $1,850,000 +17.1% $592 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $1,580,000 -- $505 / Sq Ft
Source: The MLS

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
2025 $22,399 $1,969,281 $1,575,468 $393,813
2024 $22,040 $1,930,669 $1,544,577 $386,092
2023 $21,628 $1,892,814 $1,514,292 $378,522
2022 $21,340 $1,855,700 $1,484,600 $371,100
2021 $4,759 $380,085 $81,063 $299,022
2020 $4,690 $376,188 $80,232 $295,956
2019 $4,625 $368,812 $78,659 $290,153
2018 $4,400 $361,581 $77,117 $284,464
2016 $4,177 $347,542 $74,123 $273,419
2015 $4,088 $342,322 $73,010 $269,312
2014 $3,993 $335,617 $71,580 $264,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-767268

The MLS

APN: 7532-012-010