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Sold for $1,950,000
  • Listed by: eXp Realty of California, Inc • Edward Kaminsky • Contact: 310-798-1277
    Bought with: Mega Realty
    Tax assessed value
    $1,950,000

    21007 Ladeene Ave, Torrance, CA 90503

    8beds
    6baths
    4,271sqft
    Quadruplex
    Built in 1963
    -- sqft lot
    $2,364,100 Zestimate®
    $457/sqft
    $3,308 Estimated rent

    Home value

    $2,364,100

    $2.10M - $2.67M

    $3,308/mo

    Zestimate® history
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    $3,308/mo

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    $12,361/mo

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    What's special

    This prime fourplex investment opportunity in the heart of Torrance offers an exceptional chance for both seasoned and first-time investors. Located in the desirable West Torrance neighborhood, this well-maintained property is surrounded by top-rated schools, parks, shopping centers, and dining options, making it an attractive option for tenants. The fourplex comprises four spacious units with a total of 4,271 square feet of living space. The units include a 3 bed, 2 bath; a 2 bed, 2 bath; a 2 bed, 1 bath; and a 1 bed, 1 bath, providing comfortable living spaces ideal for families, professionals, and individuals alike. The property sits on a generous 6,500 square foot lot, featuring a well-kept front yard and a private backyard area perfect for relaxation and outdoor activities. Each unit comes with assigned parking in attached garages. The 3-bedroom unit gets 2 spaces, while the other units each get 1 space, ensuring convenience and security for all residents. Two of the units have been fully remodeled, and the roof on the back building was just replaced last week, showcasing the meticulous care provided by the current owner. On-site laundry facilities add to the convenience and appeal of the property. Situated in a quiet, family-friendly neighborhood with easy access to major highways, public transportation, and the beautiful South Bay beaches, this property is ideally located. It is also zoned for the highly regarded Torrance Unified School District, known for its excellent educational opportunities. With stable rental income and high demand for rental properties in the area, this fourplex presents a solid income-generating investment. Whether you’re looking to expand your investment portfolio or secure a property with great rental potential, this fourplex is a fantastic choice. Experience the best of Torrance living with this versatile and profitable property. Schedule your private tour today and envision the possibilities this investment has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Edward Kaminsky DRE #00958114 310-427-2414,

    eXp Realty of California, Inc

    Bought with:

    Grace Lee, DRE #01294485

    Mega Realty

    Source: CRMLS,MLS#: SB24147515MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Laundry: Common Area, Laundry Room, Outside
    Features
    • Flooring: Carpet, Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,271
    • Total interior livable area: 4,271 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Assigned, Garage
    • Garage spaces: 5
    Features
    • Levels: Two,Multi/Split
    • Stories: 2
    • Entry location: Front Door
    • Pool features: None
    Lot
    • Size: 6,303 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 7524027009
    • Zoning: TORR-MD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    Location
    • Region: Torrance

    Financial & listing details

    • Price per square foot: $457/sqft
    • Tax assessed value: $1,950,000
    • Annual tax amount: $22,584
    • Date on market: 7/24/2024
    • Cumulative days on market: 8 days
    • Listing terms: Cash,Cash to New Loan,Conventional,Contract

    Price history

    DateEventPrice
    8/26/2024Sold$1,950,000-1.3%$457/sqft
    Source: CRMLS #SB24147515 Report a problem
    8/15/2024Pending sale$1,975,000$462/sqft
    Source: CRMLS #SB24147515 Report a problem
    8/3/2024Contingent$1,975,000$462/sqft
    Source: CRMLS #SB24147515 Report a problem
    7/24/2024Listed for sale$1,975,000$462/sqft
    Source: CRMLS #SB24147515 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,584 +66.5%$1,950,000 +70.8%
    2024$13,561 +1.9%$1,141,634 +2%
    2023$13,311 +1.4%$1,119,250 +2%
    2022$13,132 +1.7%$1,097,305 +2%
    2021$12,907 +1.5%$1,075,790 +1%
    2020$12,717 $1,064,760 +2%
    2019$12,717 +4.8%$1,043,883 +2%
    2018$12,131 $1,023,416 +2%
    2017$12,131 +2.1%$1,003,350 +2%
    2016$11,876 +2.8%$983,677 +1.5%
    2015$11,554 +4.8%$968,902 +2%
    2014$11,020 $949,924 +4.5%
    2011-- $908,915 +0.8%
    2010-- $902,123 -0.2%
    2009-- $904,267 +2%
    2008-- $886,537 +4%
    2006-- $852,113 +4%
    2004-- $819,026 +17%
    2003-- $700,000 +6.1%
    2002-- $660,000 +41.9%
    2000-- $465,000
    Find assessor info on the county website

    Neighborhood: 90503

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,364,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,364,100