Sold for $1,105,000

Street View

Listed by: Coldwell Banker Realty • Frank Ponce • Contact: 310-791-6017

Bought with: Coldwell Banker Realty

$1,105,000

1155 W 204th St, Torrance, CA 90502

7beds

5baths

3,418sqft

Triplex

Built in 1965

-- sqft lot

$1,249,700 Zestimate^®

$323/sqft

$2,460 Estimated rent

Home value

$1,249,700

$1.14M - $1.39M

$2,460/mo

Zestimate^® history

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$2,460/mo

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$2,460/mo

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$7,003/mo

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$7,003/mo

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What's special

Here is an opportunity for the astute investor for a 35% upside in rents in a strong rental market. This is a well-maintained income producing asset on two parcels (7350-014-044 & 7340-014-045). This is a triplex with a duplex in the rear of the property that is a separate structure. The front unit is a 3-bedroom, 2.5 bath 1548 square foot 2- story home with its own front yard and attached garage. It has an expansive living room with a kitchen that opens up to the family and dining rooms. This front home comes with forced air heating and comes its own laundry room. The duplex in the rear of the property has had improvement such as soundproofing between the two units, laundry hook-ups, Corian kitchen counters in lower unit as well as new bathroom vanity. This income producing asset is near the 405 and 110 Freeways and adjacent to the beautiful Wishing tree Park.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5

Rooms

Room types: Family Room, Kitchen, Laundry

Heating

Central, Wall Furnace

Cooling

Wall/Window Unit(s)

Appliances

Laundry: Inside

Features

Solid Surface Counters
Flooring: Vinyl
Doors: Sliding Doors
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 3,418
Total interior livable area: 3,418 sqft

Property

Parking

Total spaces: 4
Parking features: Garage
Garage spaces: 4

Features

Entry location: Front
Pool features: None
Spa features: None
Has view: Yes
View description: Neighborhood

Lot

Size: 5,033 Square Feet
Features: 0-1 Unit/Acre

Details

Parcel number: 7350014045
Zoning: LCR2*
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Triplex
Attached to another structure: Yes

Materials

Asphalt, Concrete
Foundation: Slab
Roof: Asphalt

Condition

Turnkey
New construction: No
Year built: 1965

Utilities & green energy

Electric: Electricity - On Property
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Biking, Curbs, Dog Park, Park
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Location

Region: Torrance

Financial & listing details

Price per square foot: $323/sqft
Tax assessed value: $650,760
Annual tax amount: $8,425
Date on market: 9/2/2023
Cumulative days on market: 10 days
Listing terms: Cash,Cash to New Loan,Conventional,FHA,Submit,VA Loan
Total actual rent: 5790
Tenant pays: All Utilities, Cable TV, Electricity, Gas
Road surface type: Paved

Price history

Date	Event	Price
6/1/2024	Listing removed	--
Source: Zillow Rentals Report a problem
5/25/2024	Listed for rent	$4,300+169.6%$1/sqft
Source: Zillow Rentals Report a problem
10/25/2023	Sold	$1,105,000+0.5%$323/sqft
Source: CRMLS #PV23163126 Report a problem
9/13/2023	Pending sale	$1,100,000$322/sqft
Source: CRMLS #PV23163126 Report a problem
9/2/2023	Listed for sale	$1,100,000-21.4%$322/sqft
Source: CRMLS #PV23163126 Report a problem
3/20/2023	Listing removed	--
Source: RE/MAX International Report a problem
12/23/2022	Listed for sale	$1,400,000$410/sqft
Source: RE/MAX International #PV22257982 Report a problem
2/12/2012	Listing removed	$1,595
Source: Penmar Management Report a problem
10/7/2011	Listed for rent	$1,595
Source: Penmar Management Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,425 +2.9%	$650,760 +2%
2024	$8,188 +43.3%	$638,000 +48.6%
2023	$5,713 +5.1%	$429,470 +2%
2022	$5,439 -17%	$421,050 -18.1%
2021	$6,554 -0.8%	$514,012 +1%
2020	$6,606	$508,742 +698.9%
2019	$6,606 +436.5%	$63,679 +2%
2018	$1,231	$62,431 +2%
2017	$1,231 +2.2%	$61,208 +2%
2016	$1,204 +4%	$60,009 +1.5%
2015	$1,158 +2%	$59,109 +2%
2014	$1,134	$57,953 +2.5%
2012	--	$56,562 +2%
2011	--	$55,454 +0.8%
2010	--	$55,041 -0.2%
2009	--	$55,172 +2%
2008	--	$54,091 +2%
2007	--	$53,032 +2%
2006	--	$51,993
2005	--	$51,993 +4%
2004	--	$49,975 +1.9%
2003	--	$49,060 +2%
2002	--	$48,099 +4%
2000	--	$46,233