12
Map
$819,500
↑ $331K (67.6%)
●
House -
In Contract
2811 Martha Avenue
Torrance, CA 90501
2 Beds
2 Baths
1,249 Ft²
$4,024
Est. Monthly
About This Property
Probate Sale! ALL CASH SALE! Estate of Michael Phelan. This
property is subject to confirmation and overbidding, the listing
price is the minimum overbid, court date and time is November 10th,
2026 at 8:30 AM in Dept 246 at 111 N Hill Street, Los Angeles CA
90012.. In order to bid in court, no later than 1:00 PM one
business day prior to the court date, the BUYER MUST DELIVER TO THE
LISTING BROKER, ALL OF THE FOLLOWING: 1) Proof of Funds AND 2) a
Cashier's Check for the amount of 10% of the listing price made
payable to the ESTATE OF MICHAEL PHELAN. This 2 bed; 2 bath Single
Family Home built in 1950 features +/-1,249 Sq Ft of living space,
+/-5,816 Sq Ft lot, APN: 7357-040-011. The owner passed away on the
Property. This Property is offered together with improvements
thereon as is, where is, with no warranty expressed or implied.
Unit Size
1,249 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$656
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
Listed By
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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: 11 days ago (CLAW #26916661)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2026 | Price Increased |
$819,500
↑ $331K
(67.6%) | |
| Price Increased | |||
| Sep 22, 2026 | In contract | - | |
| In contract | |||
| Sep 1, 2026 | Listed by NDA Inc | $489,000 | |
| Listed by NDA Inc | |||
Property Highlights
Fireplace
Interior Details
Full Bathrooms: 2
Laundry Features: See Remarks
Fireplace Features: None
Exterior Details
Square Footage: 1249
Architectural Style: See Remarks
Year Built: 1950
Building Area Total: 1249
Levels: One
Pool Features: None
Lot Size Area: 5816
Lot Size Units: Square Feet
Lot Size Acres: 0.1335
Lot Size Square Feet: 5816
Lot Size Dimensions: 54x108
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
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Sold On
HOA + Taxes
About Torrance
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Listed by: Rhett Richar Winchell, NDA Inc
Last Updated: 11 days ago
Data Source: CRMLS, MLS# 26916661
Last Updated: 11 days ago
Data Source: CRMLS, MLS# 26916661
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