$2,000,000 Price Analysis   ♡   Torrance, CA 90501 15 bed 7 bath 5,019 SqFt ($398/SqFt) 0.25 acre lot. Built 1962 Listed 2024-05-22, Taxes $8,928 | Ⓧ USDA Ineligible due to price & location near Torrance |
OWNER WILL CARRY WITH 1/3 DOWN @6% INTEREST ONLY FOR 5 YEARS.
Great unit mix: (2) 3 bedroom units, (4) 2 bedroom units and (1) i bedroom unit. Rents SUBSTANTIALLY BELOW MARKET. One unit (3 bedroom) may be available.
Laundry room with equipment included genrates approximately 300. per month.Contemporary electrical panel. All Electric building with separate meters., Individual water heaters. Call or text for OM
Presented by Steve Gamez at
P.R.S. Properties.
Property MLS #PW24103753 from CRMLS
Bedrooms: 15
Laundry Features: Common Area, Community, Dryer Included, Individual Room
Full Bathrooms: 7
Heating Features: Radiant
Heating: Yes
Heating: Yes
Lot Description: 16-20 Units/Acre
Lot Size Acres: 0.248
Lot Size Source: Assessor
Lot Size Square Feet: 10804
Lot Size Acres: 0.248
Lot Size Source: Assessor
Lot Size Square Feet: 10804
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 7
Parking Total: 7
Number of Units: 7
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Tenant Pays: Cable TV, Electricity
Rent Control: Yes
Rent Control: Yes
Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban
Source Listing Status: Active
County: Los Angeles
Cap Rate: 3.24
Source Property Type: Residential Income
Exclusions: tenants belongings
Insurance Expense: 1661.00
Area: 122 - Harbor Gateway
Source Neighborhood: 122 - Harbor Gateway
Number of Separate Electric Meters: 8
Parcel Number: 7346010006
Postal Code Plus 4: 3814
Trash Expense: 281.00
Zoning: LARD1.5
Source System Name: C2C
County: Los Angeles
Cap Rate: 3.24
Source Property Type: Residential Income
Exclusions: tenants belongings
Insurance Expense: 1661.00
Area: 122 - Harbor Gateway
Source Neighborhood: 122 - Harbor Gateway
Number of Separate Electric Meters: 8
Parcel Number: 7346010006
Postal Code Plus 4: 3814
Trash Expense: 281.00
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $384,089 + $214,200 $598,289 | $8,928 |
| 2021 | $376,558 + $210,000 $586,558 | $8,793 |
| 2020 | $372,697 + $207,847 $580,544 | $8,861 |
| 2019 | $365,390 + $203,772 $569,162 | $8,561 |
| 2018 | $358,226 + $199,777 $558,003 | $8,343 |
| 2017 | $351,202 + $195,860 $547,062 | $8,130 |
| 2016 | $344,316 + $192,020 $536,336 | $7,904 |
| 2015 | $339,145 + $189,136 $528,281 | $7,788 |
| 2014 | $332,502 + $185,432 $517,934 | $7,835 |
| 2013 | $331,000 + $184,594 $515,594 | $7,804 |
| 2012 | $324,510 + $180,975 $505,485 | $7,887 |
| 2010 | $318,148 + $177,427 $495,575 | $7,650 |
| 2009 | $316,522 + $176,520 $493,042 | $7,357 |
| 2009 | $315,771 + $176,101 $491,872 | $7,357 |
| 2008 | $310,316 + $173,059 $483,375 | $7,050 |
| 2007 | $304,232 + $169,666 $473,898 | $6,796 |
Listed 2024-05-22
$2,000,000
CRMLS
Listing removed 2023-04-20
$0
CRMLS
Listed 2022-07-05
$1,995,000
CRMLS
Sold 1999-04-01
$405,000
Public Record
$2,000,000
CRMLS
Listing removed 2023-04-20
$0
CRMLS
Listed 2022-07-05
$1,995,000
CRMLS
Sold 1999-04-01
$405,000
Public Record
Net Operating Income: 61407.00
Total Square Feet Living: 5019
Year Built: 1962
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: FRONT
Property Age: 62
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Year Built: 1962
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: FRONT
Property Age: 62
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Electric Expense: 700.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public
Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public
Meyler Street Elementary School is a public elementary school located approximately 0.7 miles away.
Map directions
Map directionsNathaniel Narbonne Senior High School is a public high school located approximately 1.7 miles away.
Map directions
Map directionsAlexander Fleming Middle School is a public middle school located approximately 2.5 miles away.
Map directions
Map directionsTorrance Montessori School is a private elementary school located approximately 0.8 miles away.
Map directions
Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.