NOT LISTED FOR SALE
13 Beds
8 Baths
6,560 Sq Ft
8,886 Sq Ft Lot

Last Sold January 14, 2016

Last sale price $2,532,500 $386 Per Sq Ft

14 Days on Market

About This Home

As of January 2016

First time on the market in over 38 years!!! Incredible West Torrance Investment Real Estate Location.

5329 Ruby Street is an eight unit apartment building located in West Torrance, CA. The property consists of a very attractive unit mix of five two bedroom/ one bath unit, and three one bedroom/ one bathroom units. There are four two-car garages available for the tenant's convenience. One garage is located in the front of the building and three in the rear. There is also an on-site laundry available (laundry equipment is landlord owned). Newer roof & exterior paint, copper plumbing throughout, and individually metered for gas and electricity.

Property can be purchased individually or together with sister property next door (5323 Ruby Street).

Last Agent to Sell the Property

Joshua Cohen

Keller Williams Realty License #01346713 Listed on: 10/26/2015

Keller Williams Realty

Last Buyer's Agent

Joshua Cohen

Keller Williams Realty License #01346713 Listed on: 10/26/2015

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 8,873 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage

Home Design

  • 6,560 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 20473
  • Assessor Parcel Number 7516001024

Community Details

Overview

  • 8 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $11,350
  • Net Operating Income $88,722

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

8,873 Sq Ft Lot

Parking

8

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7516001024
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 386.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8873.00
  • Price Per Lot Square Foot: 285.42
  • Lot Size Acres: 0.2040

Multi Family

  • Gross Income: 11350.00
  • Gross Scheduled Income: 136200.00
  • Lot Size Area: 8873.0000 Square Feet
  • Net Operating Income: 88722.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 46554.00
  • Rent Control: No
  • Total Actual Rent: 11350.00

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 20473
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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
01/14/2016 01/14/16 Sold $2,532,500 -7.9% $386 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $2,750,000 -- $419 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15233499

California Regional Multiple Listing Service (CRMLS)
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