$593,200
●
House -
Off Market
4243 Artesia Boulevard
Torrance, CA 90504
3 Beds
1 Bath
1,184 Ft²
$909,398
RealtyHop Estimate
57.06%
Since Oct 1, 2017
CA-Los Angeles
Primary Model
About This Property
1st time on market in 17 years. Bright updated starter in best
north Torrance area 1 block from Redondo. FHA/VA OK. Raised
foundation, hardwood floors, plaster walls, good floorplan with
lots of natural light, newer roof, newer windows, new interior
paint, finished garage with french doors and epoxy floor, huge
sunny private yard. On completely gated 52 X 125 lot with gated RV
parking. Excellent Torrance schools and 84 walkscore: 1-3 blocks to
Galleria Mall, restaurants, Sprouts Market and 405, 1/2 mile to
Alondra Park and Golf Course, 3/4 mile to Columbia Park, 3 miles to
beach. Seller already bought out of state, priced for instant sale.
Unit Size
1,184 Ft²
Days on Market
35 days
Land Size
0.15 acres
Price per sqft
$489
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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: 4 months ago (CRMLS #SB17182843)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $579,000 | |
| Listed | |||
| | |||
|
1st time on market in 17 years. Bright updated starter in best north Torrance area 1 block from Redondo. FHA/VA OK. Raised foundation, hardwood floors, plaster walls, good floor plan with lots of natural light, newer roof, newer windows, new interior paint. Finished garage with french doors and epoxy floor, huge sunny private yard with fire pit, 52 x 125 lot. Excellent Torrance schools and 84 walkscore: 1-3 blocks to Galleria Mall, restaurants, Sprouts Market and 405, 1/2 mile to Alondra Park and Golf Course, 3/4 mile to Columbia Park, 3 miles to beach. Seller already bought out of state, priced for instant sale. The manager has listed the unit size as 1184 square feet.
| |||
| Aug 11, 2017 | Listed by Nordine Realtors, Inc. | $579,000 | |
| Listed by Nordine Realtors, Inc. | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Torrance
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Listed by: Leo Nordine, Nordine Realtors, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB17182843
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB17182843
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