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1508 Acacia Avenue

1508 Acacia Avenue, Torrance, CA 90501
Property in Olde Torrance
Sold Oct 05, 2009
$565,000
$383,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2042
Sold Sep 16, 2003
$540,000
$413,100 by Americas Wholesale Lender
Mortgage Due Oct 01, 2033
1508 Acacia Avenue has been categorized by the local assessors in Torrance, CA as a residential type of property. The building on the property was first built in 1935 and is 89 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 1508 Acacia Avenue has 1,878 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,601 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Jul 21, 2009 for $565,000. That's $300.85 per sqft. Prior to that sales transaction, the property was also sold in Jul 1, 2003 for $540,000. 1508 Acacia Avenue was last assessed in 2023. The total value of the property was assessed at $700,982. Specifically, the land the property is located on was valued at $341,186. While improvements on the property were assessed at a total of $359,796. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,135. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,601
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,878
  • Building Area: 1,878
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,878
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TORRANCE TRACT
  • Land Acres: 0.129
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TORRANCE TRACT LOT/SEC 15 BLK/DIV/TWN 56

Ownership

  • Current Owner : RICHARDSON JEFFREY
  • Previous Owner : CONSALVO MATTHEW
  • Previous Owner 2: CONSALVO JASON
  • Owner Before Previous Owner: SCHWAB NEIL M
  • Owner Before Previous Owner 2: ESTATE OF EVALYN E SCHWAB
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Torrance Unified School District
  • Census Tract: 650901

Zoning

  • Zoning: TORR-LO

Geography

  • Assessors Map Reference: 68-C4
  • Parcel: 7355-010-017
  • Block: 56
  • Lot: 15
  • Municipality: SOUTH /RED BCH/TORR RI
  • Latitude: 33.8335
  • Longitude: -118.326

    Address

  • Full Address: 1508 Acacia Ave
  • Address - House Number: 1508
  • Address - Street Name: Acacia
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Torrance
  • Carrier Code: C006
  • 4-Digit Zip Code: 2419
  • Zip Code: 90501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,135
  • Tax Rate Code Area: 09-340

    Appraisal Valuation

  • Standard Deviation: 0.2242
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,169,854
  • High Value: 1,432,217
  • Low Value: 907,492

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $383,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 10, 2012
  • First Open Lien Mortgage Loan Amount: $383,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $700,982
  • Assessed Land Value: $341,186
  • Assessed Improvements Value: $359,796

    Sales

  • Current Sale Contract Date: Jul 21, 2009
  • Current Sale Recording Date: Oct 05, 2009
  • Current Sale Transaction ID: 1009534247
  • Current Sale Price: $565,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 09-1506462
  • Previous Sale Recording Date: Sep 16, 2003
  • Previous Sale Contract Date: Jul 01, 2003
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SKYLINE FINANCIAL CORP
  • First Mortgage Transaction Date: Oct 05, 2009
  • First Mortgage Loan Amount: $395,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Sep 16, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $413,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2033

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Frequently Asked Questions

What neighborhood is 1508 Acacia Avenue located in?
The 1508 Acacia Avenue is a located in the neighborhood of Olde Torrance in Torrance, Torrance.
What is the average sales price for listings in 1508 Acacia Avenue?
The average sales price for units in 1508 Acacia Avenue is $0 currently.

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