NOT LISTED FOR SALE

Estimated Value: $1,029,000 - $1,340,154

4 Beds
2 Baths
1,778 Sq Ft
$669/Sq Ft Est. Value

Last Sold March 17, 2014

Last sale price $660,000 $371 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $7,060/month

134 Days on Market

Highlights

  • Bonus Room
  • Private Yard
  • Laundry Room
  • Fern Elementary School Rated A
  • No HOA
  • Floor Furnace

About This Home

As of March 2014

***NEW PRICE***Recently updated duplex with newer windows and roof. Each unit is a 2 Bedroom 1 Bath with a large detached bonus room off of the garage. Property is located on a quite street in Old Torrance this is in a great location with close proximity to freeways, schools and entertainment. Both units currently occupied. Rear unit has a large, private back yard for outdoor enjoyment. Each unit has its own private one car garage.

Last Agent to Sell the Property

Joshua Hammond

Compass License #01815056 Listed on: 01/22/2014

Compass

Last Buyer's Agent

Rich Harik

West Shores Realty, Inc. License #01425309

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,591

Year Built

  • Built in 1949

Lot Details

  • 7,963 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Private Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 1,778 Sq Ft Home
  • 1-Story Property
  • Bonus Room
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Floor Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 8
  • Tax Tract Number 13822
  • Assessor Parcel Number 7354002008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $3,315

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,591

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washer and Dryer and Fridge in Back Unit
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7354002008
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 371.20
  • Room Type: Bonus Room

Exterior Features

  • Fencing: Block
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7963.00
  • Lot Size Acres: 0.1830

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3315.00
  • Gross Scheduled Income: 39780.00
  • Lot Size Area: 7963.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Drapes: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Actual Rent: 3315.00

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 13822
  • Tax Annual Amount: 5591.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2020
Sold by
Liu Peter Yiwen and Liu Elenita
Bought by
Liu-Espiritu Family Trust and Liu
Current Estimated Value
$1,188,789

Purchase Details

Listed on
Jan 22, 2014
Closed on
Feb 18, 2014
Sold by
Fournier Thomas D
Bought by
Liu Peter Yiwen and Espiritu Elenita
Seller's Agent
Joshua Hammond
Compass
Buyer's Agent
Rich Harik
West Shores Realty, Inc.
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$495,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2011
Sold by
Fournier Thomas
Bought by
Fournier Thomas D and Hubbell Fournier Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2011
Sold by
Fournier Thomas D
Bought by
Fournier Thomas and Hubbell Fournier Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2008
Sold by
Fournier Thomas D
Bought by
Fournier Thomas D and Hubbell Fournier Nancy J

Purchase Details

Closed on
Jun 18, 2008
Sold by
Hayes Patrick N
Bought by
Fournier Thomas D and Hubbell Fournier Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2007
Sold by
Hayes Cheryl Lee
Bought by
Hayes Patrick N and Hayes Cheryl Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,200
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2007
Sold by
Hayes Patrick N
Bought by
Hayes Cheryl Lee

Purchase Details

Closed on
Oct 28, 1998
Sold by
Brown Thomas G
Bought by
Brown Thomas G and Montoya Sally R

Purchase Details

Closed on
Dec 16, 1997
Sold by
Weber Roger J
Bought by
Brown Thomas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,250
Interest Rate
7.16%
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
Liu-Espiritu Family Trust -- None Listed On Document
Liu Peter Yiwen $660,000 Progressive Title
Fournier Thomas D -- Progressive Title Company
Fournier Thomas -- Progressive Title Company
Fournier Thomas D -- None Available
Fournier Thomas D $650,000 Southland Title
Hayes Patrick N -- First American Title Co La
Hayes Cheryl Lee -- Accommodation
Hayes Cheryl Lee -- Accommodation
Brown Thomas G -- --
Brown Thomas G $245,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Peter Yiwen $495,000
Previous Owner Fournier Thomas $503,000
Previous Owner Fournier Thomas D $520,000
Previous Owner Hayes Patrick N $282,200
Previous Owner Brown Thomas G $220,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2014 03/17/14 Sold $660,000 -5.6% $371 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
10/03/2013 10/03/13 For Sale $699,000 -- $393 / 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 $9,311 $809,058 $478,082 $330,976
2024 $9,311 $793,195 $468,708 $324,487
2023 $9,141 $777,643 $459,518 $318,125
2022 $9,019 $762,396 $450,508 $311,888
2021 $8,856 $747,448 $441,675 $305,773
2020 $8,725 $739,785 $437,147 $302,638
2019 $8,602 $725,280 $428,576 $296,704
2018 $8,304 $711,060 $420,173 $290,887
2016 $7,936 $683,451 $403,858 $279,593
2015 $7,763 $673,186 $397,792 $275,394
2014 $7,456 $650,000 $590,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13202138

California Regional Multiple Listing Service (CRMLS)

APN: 7354-002-008