NOT LISTED FOR SALE

706 Pine Dr Torrance, CA 90501

East Torrance Neighborhood

Estimated Value: $1,018,000 - $1,250,265

4 Beds
2 Baths
1,778 Sq Ft
$645/Sq Ft Est. Value

Sale Details

Date Sold: March 17, 2014

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

Est. 72% increase in value since last sale

Current estimated payment $6,932 / mo

134 Days on Market

Highlights

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

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 in unit

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

7,963 Sq Ft Lot

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
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2014
Closed on
Feb 18, 2014
Sold by
Bought by
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%
Current Estimated Value
$1,137,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,365
Avg. Annual Appreciation
4.58%
Original Mortgage
$495,000
Outstanding Balance
$372,259
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$774,557

Purchase Details

Closed on
Mar 8, 2011
Sold by
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Jun 18, 2008
Sold by
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Oct 28, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 16, 1997
Sold by
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$660,000 Progressive Title
-- Progressive Title Company
-- Progressive Title Company
-- None Available
$650,000 Southland Title
-- First American Title Co La
-- Accommodation
-- Accommodation
-- --
$245,000 American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $495,000
Previous Owner $503,000
Previous Owner $520,000
Previous Owner $282,200
Previous Owner $220,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,467 $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

  • Joshua Hammond

    Seller's Agent in 2014

    Joshua Hammond

    Compass

    (424) 903-9319

    4 in this area

    90 Total Sales

    Joshua Hammond
    Section Image
  • Rich Harik

    Buyer's Agent in 2014

    Rich Harik

    West Shores Realty, Inc.

    (310) 766-2005

    16 Total Sales

    Rich Harik
    Section Image
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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

California Los Angeles County Torrance 90501 East Torrance

706 Pine Dr, Torrance, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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