$1,300,000
PENDING

Estimated payment $8,409/month

Total Views 346
9 Beds
3 Baths
3,312 Sq Ft
$393 Price per Sq Ft

Highlights

  • 0.43 Acre Lot
  • 2 Car Direct Access Garage
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Ceiling Fan

About This Home

Welcome to this well maintained triplex within the city of Torrance! This property features a .043 acres lot and three units. Each unit has 3 bedrooms and 1 full bath. plenty of grassy areas and ample parking both in drive and within property.Located within the heart of the South bay, close to freeways, dining, shopping and Los Angeles. Great investment opportunity!

Listing Agent

Sherilyn Journeay

Harcourts Prime Properties Brokerage Phone: 949-439-5542 License #01940961 Listed on: 10/21/2024

Harcourts Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,795

Year Built

  • Built in 1961

Lot Details

  • 0.43 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 3,312 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 3239
  • Assessor Parcel Number 7344029014
  • $1,343 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,851
  • Other Expense $20,685
  • Trash Expense $1,014
  • Water Sewer Expense $676
  • Operating Expense $21,157
  • Gross Income $62,400
  • Net Operating Income $20,558

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,795

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Price Per Unit: 433333
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 676.00
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7344029014
  • Year Built: 1961
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 392.51
  • Room Type: Family Room, Kitchen, Primary Bedroom

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1014.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 18791.00
  • Lot Size Acres: 0.4314

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 62400.00
  • Gross Operating Income: 62400.00
  • Gross Scheduled Income: 62400.00
  • Gross Spendable Income: 20558.00
  • Insurance Expense: 1851.00
  • Lot Size Area: 18791.0000 Square Feet
  • Net Operating Income: 20558.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 21157.00
  • Other Expense: 20685.00
  • Other Expense Description: repairs
  • Rent Control: No
  • Total Actual Rent: 5200.00
  • Total Expenses: 21157.00

Tax Info

  • Tax Lot: 57
  • Tax Tract Number: 3239
  • TaxOtherAnnualAssessmentAmount: 1342.94

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $17,795 $1,391,243 $1,061,208 $330,035
2024 $17,795 $1,363,964 $1,040,400 $323,564
2023 $17,228 $1,337,220 $1,020,000 $317,220
2022 $8,787 $649,304 $272,344 $376,960
2021 $8,693 $636,573 $267,004 $369,569
2020 $8,756 $630,047 $264,267 $365,780
2019 $8,428 $617,694 $259,086 $358,608
2018 $8,149 $605,583 $254,006 $351,577
2016 $7,745 $582,070 $244,144 $337,926
2015 $7,613 $573,328 $240,477 $332,851
2014 $7,616 $562,098 $235,767 $326,331
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Pending -- -- --
10/21/2024 10/21/24 For Sale $1,300,000 -- $393 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24216448

California Regional Multiple Listing Service (CRMLS)

APN: 7344-029-014