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1750 West 242nd Place

1750 West 242nd Place, Torrance, CA 90501
Refi Nov 13, 2009
Transfer
$847,500 by Urban Financial Group
Mortgage
1750 West 242nd Place 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 1954 and is 70 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1750 West 242nd Place has 1,126 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 1,240 ft and across the front of the lot is 590 ft. The area measurement of the land has been determined as 7,342 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a pool on the property. 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 B by the local assessor. The building has a gable style roof made of gravel/rock. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $3,744 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1750 West 242nd Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $310,717. To break that down further, the land itself was valued at $258,338. While improvements to the property were assessed at a total of $52,379. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,342
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,126
  • Building Area: 1,126
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,126
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 15915
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 15915 LOT/SEC 9

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Torrance Unified School District
  • Census Tract: 651001

Zoning

  • Zoning: TORR-LO

Geography

  • Assessors Map Reference: 73-E1
  • Subdivision Tract Number: 15915
  • Parcel: 7372-010-024
  • Lot: 9
  • Municipality: SOUTH /OLD TORANCE SFR
  • Latitude: 33.8047
  • Longitude: -118.309

    Address

  • Full Address: 1750 W 242nd Pl
  • Address - House Number: 1750
  • Street Direction: W
  • Address - Street Name: 242nd
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Torrance
  • Carrier Code: C010
  • 4-Digit Zip Code: 6700
  • Zip Code: 90501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,744
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 09-340

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 919,856
  • High Value: 1,131,996
  • Low Value: 707,717

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $847,500
  • First Open Lien Mortgage Lender: URBAN FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Nov 13, 2009
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $847,500
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,717
  • Assessed Land Value: $258,338
  • Assessed Improvements Value: $52,379

    Exemptions

  • Homeowner Exemption: Yes

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Frequently Asked Questions

What neighborhood is 1750 West 242nd Place located in?
The 1750 West 242nd Place is a house located in the neighborhood of Southeast Torrance in Torrance, Torrance.
What is the average sales price for listings in 1750 West 242nd Place?
The average sales price for units in 1750 West 242nd Place is $0 currently.

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