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Sold for $1,520,000
  • Listed by: Home Team Realty • Joseph Cho • Contact: 310-720-4989
    Bought with: Solidon Real Estate, Inc
    $1,520,000

    963 W 223rd St, Torrance, CA 90502

    8beds
    5baths
    3,448sqft
    Quadruplex
    Built in 1927
    -- sqft lot
    $1,625,600 Zestimate®
    $441/sqft
    $2,805 Estimated rent

    Home value

    $1,625,600

    $1.48M - $1.79M

    $2,805/mo

    Zestimate® history
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    What's special

    South bayCopper plumbingLa unified school districtHarbor ucla medical centerShopping centers
    Welcome to amazing investment opportunity for spacious Fourplex in Torrance P.O., LA county strip in South Bay. Three building 4units: One 3Bd/2Ba, Two 2Bd/1Ba, and One 1Bd/1Ba. "Sale for LAND VALUE of $75/sf." Record shows 3 buildings of 3,448sf on huge lot of 18,619sf(65' x 290'). Very convenient location to access Freeway, Harbor UCLA Medical Center, Airport, Harbor and Shopping Centers. Walk to Meyler Street Elementary School. Tremendous residential construction boom in this area. LCM1 zoning, LA Unified School District, Need TLC, Copper plumbing, To be sold AS-IS condition. Two 2 car & 1 car garage space. Good long term tenants with low rent. Tenant to pay Electric & Gas. Do not bothering tenants, Drive by outside only. Do not go in the property. Submit all offer subject to inspection. Showing is subject to accept offer. Don't miss this rare chance, Hurry Hurry!!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Cho DRE #01081057 310-720-4989,

    Home Team Realty

    Bought with:

    Ki Young Kim, DRE #01997512

    Solidon Real Estate, Inc

    Source: CRMLS,MLS#: SB24047855MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    Appliances
    • Laundry: Inside
    Features
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,448
    • Total interior livable area: 3,448 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 5
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Drive way
    • Pool features: None
    Lot
    • Size: 0.43 Acres
    • Dimensions: 65 x 290
    Details
    • Parcel number: 7344004023
    • Zoning: LCM1*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Torrance

    Financial & listing details

    • Price per square foot: $441/sqft
    • Tax assessed value: $1,550,400
    • Annual tax amount: $20,585
    • Date on market: 3/16/2024
    • Cumulative days on market: 10 days
    • Listing terms: Cash to New Loan
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    5/3/2024Sold$1,520,000+8.6%$441/sqft
    Source: CRMLS #SB24047855 Report a problem
    4/1/2024Pending sale$1,400,000$406/sqft
    Source: CRMLS #SB24047855 Report a problem
    3/27/2024Contingent$1,400,000$406/sqft
    Source: CRMLS #SB24047855 Report a problem
    3/16/2024Listed for sale$1,400,000$406/sqft
    Source: CRMLS #SB24047855 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,585 +218%$1,550,400 +269.2%
    2024$6,474 +7.3%$419,927 +2%
    2023$6,036 +4.5%$411,694 +2%
    2022$5,775 +0.9%$403,622 +2%
    2021$5,724 -0.6%$395,709 +1%
    2020$5,761 $391,653 +2%
    2019$5,761 +13.7%$383,974 +2%
    2018$5,066 $376,446 +2%
    2017$5,066 +2%$369,065 +2%
    2016$4,969 +3.7%$361,829 +1.5%
    2015$4,793 +0.9%$356,395 +2%
    2014$4,752 $349,415 +2.5%
    2012-- $341,018 +2%
    2011-- $334,333 +0.8%
    2010-- $331,835 -0.2%
    2009-- $332,624 +4%
    2007-- $319,710 +2%
    2006-- $313,442 +4%
    2004-- $301,273 +1.9%
    2003-- $295,752 +2%
    2002-- $289,954 +4%
    2000-- $278,697
    Find assessor info on the county website

    Neighborhood: 90502

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,625,600
    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
    $1,625,600