NOT LISTED FOR SALE
16 Beds
8 Baths
6,935 Sq Ft
9,148 Sq Ft Lot

Last Sold March 29, 2013

Last sale price $2,300,000 $332 Per Sq Ft

14 Days on Market

About This Home

As of March 2013

Offers will be reviewed on 3/1/13. Well maintained 8 units in a very nice location of West Torrance. 7- 2+1, 1- 3+1,. One unit is currently vacant and is up for rent @ 1500/mth. All income and expenses are from last year's books and the income could be slightly higher with the new rental unit. All tenants on a month to month. 8- 1 car garages with extra parking in driveway,and an extra storage shed, 3 washers/ 2 dryers owned by the owner with extra laundry income. 8 new Garage doors, 7 new wall heaters, 2 units have new interior paint, 3 units have a remodeled bathroom, 2 units have a remodeled kitchen, apx. 7 new windows, new carpet in 2 units. Sewer line was recently replaced. Some long term tenants, great potential for increases. Do not disturb the tenants in any way. Subject to interior inspection.

Last Agent to Sell the Property

Christopher Furstenberg

Nourmand & Associates-HW License #01208924 Listed on: 02/22/2013

Nourmand & Associates-HW

Last Buyer's Agent

Bryce Kawata

License #01219317

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 9,309

Interior Spaces

  • 6,935 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Parking

  • 1 Car Garage
  • Driveway

Additional Features

  • 9,309 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 7516-001-037

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

9,309 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6935
  • Stories: 2
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Laundry Equipment: Own
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 295.46

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway - Concrete, Garage - 1 Car
  • Total Parking: 16

Utilities

  • Electric Expense: 1112.00
  • Heating: Wall Gas
  • Water Expense: 3643.00

Fee Information

  • Gas Expense: 3012.00
  • Insurance Expense: 3965.00
  • Maintenance Expense: 686.00
  • Other Expense: 430.00
  • Trash Expense: 1680.00

Lot Info

  • Assessed Improvement Value: 457172
  • Assessed Land Value: 419073
  • Assessor Parcel Number: 7516-001-037
  • Geocode Override: No
  • Lot Size Area: 9309

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 14.30
  • Number Of Units: 8
  • Type Of Units: 8 plex

Tax Info

  • Tax Expense: 11107.00
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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
03/29/2013 03/29/13 Sold $2,300,000 +12.2% $332 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $2,049,000 -- $295 / Sq Ft
Source: The MLS

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 $30,818 $2,647,852 $1,906,212 $741,640
2024 $30,818 $2,595,935 $1,868,836 $727,099
2023 $30,248 $2,545,036 $1,832,193 $712,843
2022 $29,844 $2,495,134 $1,796,268 $698,866
2021 $29,305 $2,446,211 $1,761,048 $685,163
2019 $28,470 $2,374,029 $1,708,815 $665,214
2018 $27,663 $2,327,487 $1,675,309 $652,178
2016 $26,387 $2,236,752 $1,610,255 $626,497
2015 $25,819 $2,203,155 $1,586,068 $617,087
2014 $25,166 $2,160,000 $1,555,000 $605,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-653425

The MLS
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