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20624 South Western Avenue

20624 South Western Avenue, Torrance, CA 90501
Sold Feb 03, 2020
$1,400,000
Sold Sep 30, 2016
$700,000
$676,637 by Motive Lending
Mortgage Due Oct 01, 2046
20624 South Western Avenue in Torrance, CA was first built in 1957 and is 67 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a quadplex style. There are a total of 0 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 20624 South Western Avenue has 3,420 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,333 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 20624 South Western Avenue sold most recently in Dec 9, 2019 for a total of $1,400,000. If you work out the math, that's approximately a cost of $409.36 per sqft. Before that, the property was also sold for $700,000 in Sep 27, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $17,754 in taxes each year. The initial year of tax delinquency occurred in 2019. 20624 South Western Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,471,648. If we break it down further, the land itself was valued at $630,706. Improvements to the property, however, were assessed at a total of $840,942. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,333
  • Lot Size Frontage Feet: 63,120
  • Total Building Area: 3,420
  • Gross Building Area: 3,420
  • Building Area: 3,420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,420
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4983
  • Land Acres: 0.145
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TR=4983 EX OF STS LOT 25 BLK 51

Ownership

  • Current Owner : RABOT ROBERTO R
  • Current Owner 2: RABOT GRACE F
  • Previous Owner : GALSTYAN TIGRAN
  • Owner Before Previous Owner: CHUN TAE HO
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 292001

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 68-E3
  • Subdivision Tract Number: 4983
  • Parcel: 7351-008-035
  • Block: 51
  • Lot: 25
  • Municipality: SOUTH /HARBOR CITY R I
  • Latitude: 33.843
  • Longitude: -118.309

    Address

  • Full Address: 20624 S Western Ave
  • Address - House Number: 20624
  • Street Direction: S
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Torrance
  • Carrier Code: C018
  • 4-Digit Zip Code: 4328
  • Zip Code: 90501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,754
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-019

    Appraisal Valuation

  • Standard Deviation: 0.2494
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 64
  • Final Value: 1,699,365
  • High Value: 2,123,262
  • Low Value: 1,275,467

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,471,648
  • Assessed Land Value: $630,706
  • Assessed Improvements Value: $840,942

    Sales

  • Current Sale Contract Date: Dec 09, 2019
  • Current Sale Recording Date: Feb 03, 2020
  • Current Sale Transaction ID: 11721157332
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0129088
  • Previous Sale Recording Date: Sep 30, 2016
  • Previous Sale Contract Date: Sep 27, 2016
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: J & P REAL ESTATE SERVICES INC
  • First Mortgage Transaction Date: Feb 03, 2020
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MOTIVE LENDING
  • Previous Mortgage Transaction Date: Sep 30, 2016
  • Previous Mortgage Loan Amount: $676,637
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2046

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Frequently Asked Questions

What neighborhood is 20624 South Western Avenue located in?
The 20624 South Western Avenue is a townhouse located in the neighborhood of Harbor Gateway South in Harbor, Torrance.
What is the average sales price for listings in 20624 South Western Avenue?
The average sales price for units in 20624 South Western Avenue is $0 currently.

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