$732,500
●
House -
Off Market
2223 Andreo Avenue
Torrance, CA 90501
2 Beds
2 Baths
1,026 Ft²
$1,091,527
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
TURN-KEY craftsman home in charming Old Town Torrance on a R2 lot!.
2 bed, 2 bath, beautifully remodeled with light and bright open
floor-plan and attention to every detail. Fabulous kitchen with
stainless appliances, newer cabinets, double sink with filtered
water dispenser. Great master suite with two closets and en-suite
bathroom. Contemporary touches and many fine features/amenities
throughout: Beautiful bamboo hardwood floors, ceiling fan, Milgard
dual-pane windows, custom window treatments, home security system,
recessed lighting, full copper plumbing. Separate laundry room.
Detached over-sized original garages - 1x1 car garage with bonus
area, and 1x2 car with lots of storage, accessible from rear alley.
Large private backyard with automatic sprinkler system. Solar
powered motion sensor exterior lighting. Wonderful neighborhood,
close to the many cafes, boutiques, shopping and restaurants found
in the quaint historic Old Town Torrance. In award winning Torrance
Unified school district. Good freeway access! Move-in ready.
California living at its best!!
Unit Size
1,026 Ft²
Days on Market
70 days
Land Size
0.12 acres
Price per sqft
$721
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #PV19037385)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2019 | Sold | ||
| Sold | |||
| Feb 26, 2019 | Listed by RE/MAX Estate Properties | $739,900 | |
| Listed by RE/MAX Estate Properties | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Torrance
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Listed by: Steve Smith, RE/MAX Estate Properties
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PV19037385
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PV19037385
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