$1,320,000
●
House -
Off Market
5351 Bindewald Road
Torrance, CA 90505
4 Beds
2 Baths,
1
Half Bath
2,738 Ft²
$1,870,454
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
Towering above the Sleepy Hollow Christmas lights area, on one of
the highest points in Seaside Ranchos, is this large and elegant
Mediterranean home built in 1994. Its great location allows this
property to take advantage of the spectacular ocean and city views
from both levels. The property has a reverse floorplan with all
four bedrooms on the first floor. The master suite is spacious with
a huge bathroom, fireplace and a door leading to the patio.
Upstairs has an open layout with huge windows, lovely saltillo tile
floors, and high ceilings to take advantage of the great views
throughout the kitchen, living room, family room and dining room.
The deck off the second floor is perfect for enjoying meals outdoor
while admiring the ocean and sunsets. The backyard has a tropical
feel with mature palm trees and lush vegetation. Bring your toolbox
and your vision, with some tlc and updating this could be the home
you've been dreaming about. Close to great shopping, restaurants
and schools, this is a house you don't want to miss. Sold as-is.
Unit Size
2,738 Ft²
Days on Market
174 days
Land Size
0.15 acres
Price per sqft
$493
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994
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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 #IN20015697)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2020 | Sold | ||
| Sold | |||
| Jan 22, 2020 | Listed by Strategic Realty Inc. | $1,349,000 | |
| Listed by Strategic Realty Inc. | |||
Property Highlights
Fireplace
Garage
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: Jack Stephan, Strategic Realty Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IN20015697
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IN20015697
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