$940,000
●
House -
Off Market
5111 Scott Street
Torrance, CA 90503
3 Beds
1 Bath
1,175 Ft²
$1,260,458
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
This three bedroom two bathroom home is located in the highly
desirable Southwood neighborhood. Upon walking in the front door
you will be charmed by it's cozy feel and warmth, with a great easy
flow floor plan and and light soaked rooms. The kitchen and dining
nook wrap around into a good sized family room with wood burning
fireplace. Two bedrooms at the front of the home share a full sized
bathroom. You'll find the master bedroom at the rear with an
attached master bathroom with ample space for an additional dresser
or armoire. The backyard is flat and offers tons of room for
entertaining, children, pets or an ADU. With a detached two car
garage and two different storage units this home makes everyday
living and storage extremely convenient. Close to shops,
restaurants, movie theaters, hospitals and great schools, this
property shouldn't be missed.
Unit Size
1,175 Ft²
Days on Market
93 days
Land Size
0.15 acres
Price per sqft
$765
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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 #SB20057142)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2020 | Sold | ||
| Sold | |||
| Mar 15, 2020 | Listed by Vista Sotheby's International Realty | $899,000 | |
| Listed by Vista Sotheby's International Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Torrance
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Listed by: Tania Peterson, Vista Sotheby's International Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB20057142
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB20057142
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