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2225 Sepulveda Boulevard

2225 Sepulveda Boulevard, Torrance, CA 90501
Commercial in Olde Torrance
2225 Sepulveda Boulevard has been categorized by the local assessors in Torrance, CA as a commercial type of property. The building on the property was first built in 1961 and is 63 years old. However, we must point out that the home was most recently renovated and altered in 2000. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2225 Sepulveda Boulevard has 5,213 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 18,787 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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 C by the local assessor. 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, 2225 Sepulveda Boulevard sold most recently in Jul 29, 2020 for a total of $2,500,000. If you work out the math, that's approximately a cost of $479.57 per sqft. Before that, the property was also sold for $1,500,000 in May 23, 2008. 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 $30,153 in taxes each year. The initial year of tax delinquency occurred in 2017. 2225 Sepulveda Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,601,000. If we break it down further, the land itself was valued at $1,560,600. Improvements to the property, however, were assessed at a total of $1,040,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Business/Commerical Units Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,787
  • Total Building Area: 5,213
  • Gross Building Area: 5,213
  • Building Area: 5,213
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,213
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: 1952
  • Land Acres: 0.431
  • Standard Land Use Code: Regional shopping center or mall with anchor store
  • Legal Description 1: TRACT NO 1952 SE 110 FT MEASURED ON NE LINE EX OF ST OF LOT 5 AND SE 110 FT OF LOT/SEC 6 BLK/DIV/TWN 300

Ownership

  • Current Owner : ARLINGTON PARS LLC
  • Previous Owner : PARK STEVEN
  • Previous Owner 2: PARK STELLA
  • Owner Before Previous Owner: KIM SUK HWAN
  • Owner Before Previous Owner 2: KIM BOK SOON
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Torrance Unified School District
  • Census Tract: 650904

Zoning

  • Zoning: TOCC-GEN

Geography

  • Assessors Map Reference: 68-D5
  • Subdivision Tract Number: 1952
  • Parcel: 7359-013-036
  • Block: 300
  • Lot: 5
  • Municipality: SOUTH /TORRANCE/LOMITA
  • Latitude: 33.8207
  • Longitude: -118.321

    Address

  • Full Address: 2225 Sepulveda Blvd
  • Address - House Number: 2225
  • Address - Street Name: Sepulveda
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Torrance
  • Carrier Code: C035
  • 4-Digit Zip Code: 5300
  • Zip Code: 90501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,153
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 09-340

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,280,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 16, 2020
  • First Open Lien Mortgage Loan Amount: $1,250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Lender: CALIFORNIA STATEWIDE CERTIFIED
  • Second Open Lien Mortgage Recording Date: Oct 16, 2020
  • Second Open Lien Mortgage Loan Amount: $1,030,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,601,000
  • Assessed Land Value: $1,560,600
  • Assessed Improvements Value: $1,040,400

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Oct 16, 2020
  • Current Sale Transaction ID: 11792838675
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1291807
  • Previous Sale Recording Date: Jun 30, 2008
  • Previous Sale Contract Date: May 23, 2008
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Oct 16, 2020
  • First Mortgage Loan Amount: $1,250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: UNITI BANK
  • Previous Mortgage Transaction Date: Jun 30, 2008
  • Previous Mortgage Loan Amount: $1,050,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 2225 Sepulveda Boulevard located in?
The 2225 Sepulveda Boulevard is a commercial located in the neighborhood of Olde Torrance in Torrance, Torrance.
What is the average sales price for listings in 2225 Sepulveda Boulevard?
The average sales price for units in 2225 Sepulveda Boulevard is $0 currently.

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