NOT LISTED FOR SALE

705 W 214th St Torrance, CA 90502

West Carson Neighborhood

Estimated Value: $806,000 - $2,378,802

13 Beds
11 Baths
7,023 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 23, 2014

Last sale price $1,275,000 $182 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,980/month

17 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Wall Furnace
  • 0.92 Acre Lot
  • South Facing Home

About This Home

As of December 2014

Large older home with several cottages and units on a large lot. Next to the 110 freeway. See pictures.

Last Agent to Sell the Property

Jack Bliss

J & P Realty License #00479584 Listed on: 07/14/2014

Last Buyer's Agent

Marty Stone

BUCKINGHAM INVESTMENTS License #00416755

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,476

Year Built

  • Built in 1925

Lot Details

  • 0.92 Acre Lot
  • No Common Walls
  • South Facing Home
  • Fence is in average condition
  • Density is 11-15 Units/Acre

Home Design

  • 7,023 Sq Ft Home
  • Cosmetic Repairs Needed
  • Combination Foundation
  • Frame Construction

Bedrooms and Bathrooms

  • 13 Bedrooms
  • All Bedrooms Down
  • 11 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 12 Parking Spaces
  • 12 Carport Spaces
  • Parking Available
  • Unassigned Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 7345
  • Assessor Parcel Number 7345008015

Community Details

Overview

  • 6 Buildings
  • 11 Units

Building Details

  • 10 Leased Units
  • 10 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $974
  • Gardener Expense $2,620
  • Insurance Expense $3,200
  • Maintenance Expense $7,800
  • Professional Management Expense $6,028
  • Trash Expense $3,720
  • Water Sewer Expense $6,188
  • New Taxes Expense $14,385
  • Gross Income $10,200
  • Net Operating Income $70,496

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,476

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 6028.00
  • Property Attached: No
  • Water Sewer Expenses: 6188.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 2620.00
  • Parcel Number: 7345008015
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 181.55
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: South
  • Foundation: Combination
  • Fencing: Average Condition
  • Pool Private: No
  • Construction Materials: Frame

Garage/Parking

  • Carport Spaces: 12.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 3720.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 39913.00
  • Lot Size Acres: 0.9160

Multi Family

  • Electric Expense: 974.00
  • Gross Income: 10200.00
  • Gross Scheduled Income: 122400.00
  • Insurance Expense: 3200.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 39913.0000 Square Feet
  • Maintenance Expense: 7800.00
  • Net Operating Income: 70496.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 11
  • Operating Expense: 46904.00
  • Rent Control: No
  • Total Actual Rent: 8500.00
  • Vacancy Allowance Rate: 4.50

Tax Info

  • New Taxes Expense: 14385.00
  • Tax Lot: 15
  • Tax Tract Number: 7345
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2009
Sold by
Castillo Max L and Castillo Elimellie R
Bought by
Castillo Rodolfo D
Current Estimated Value
$1,246,451

Purchase Details

Closed on
Mar 29, 2008
Sold by
Castillo Max and Castillo Elimellie
Bought by
Castillo Max

Purchase Details

Closed on
Jan 2, 2004
Sold by
Castillo Rodolfo D and Castillo Thelma L
Bought by
Castillo Max L

Purchase Details

Closed on
Jan 8, 2002
Sold by
Castillo Max L and Castillo Elimellie R
Bought by
Castillo Max L
Source: Public Records

Range of Values:

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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
Castillo Rodolfo D -- None Available
Castillo Max -- None Available
Castillo Max L $175,000 --
Castillo Max L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2014 12/23/14 Sold $1,275,000 +10.9% $182 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $1,150,000 -- $164 / 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
2025 $5,476 $408,328 $262,220 $146,108
2024 $5,476 $400,323 $257,079 $143,244
2023 $5,382 $392,475 $252,039 $140,436
2022 $5,129 $384,781 $247,098 $137,683
2021 $5,072 $377,237 $242,253 $134,984
2019 $4,914 $366,049 $235,068 $130,981
2018 $4,737 $358,872 $230,459 $128,413
2016 $4,516 $344,939 $221,511 $123,428
2015 $4,438 $339,758 $218,184 $121,574
2014 $4,435 $333,104 $213,911 $119,193
Source: Public Records

Agents Affiliated with this Home

  • Jack Bliss

    Seller's Agent in 2014

    Jack Bliss

    J & P Realty

    (310) 320-4921

    5 Total Sales

    Jack Bliss
    Section Image
  • Marty Stone

    Buyer's Agent in 2014

    Marty Stone

    BUCKINGHAM INVESTMENTS

    (310) 322-9763

    8 Total Sales

    Marty Stone
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14148991

California Regional Multiple Listing Service (CRMLS)

APN: 7345-008-016

California Los Angeles County Torrance 90502 West Carson

705 W 214th St, Torrance, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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