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5520 Arvada Street

5520 Arvada Street, Torrance, CA 90503
Property in West Torrance
Sold Dec 06, 2016
$901,000
Sold Mar 20, 2014
$805,000
$625,000 by Bankers Xpress Llc
Mortgage Due Apr 01, 2044
5520 Arvada Street in Torrance, CA was first built in 1956 and is 68 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 11 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5520 Arvada Street has 1,967 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 550 ft and the linear feet between the front and back of the lot is 1,070. In total, the area measurement of the land is 5,927 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5520 Arvada Street was last sold in Dec 5, 2016 for $901,000. According to our calculations, that's $458.06 per sqft. Prior to that sales transaction, the property was sold for $805,000 in Feb 19, 2014. Current property owners are expected to pay $11,459 in taxes per year. The property on 5520 Arvada Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,003,962. To break that down further, the land itself was valued at $803,171. While improvements to the property were assessed at a total of $200,791. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,927
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,967
  • Building Area: 1,967
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,967
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 21725
  • Land Acres: 0.136
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 21725 LOT/SEC 103

Ownership

  • Current Owner : PAK PETER J
  • Current Owner 2: LAI CAROL SAU FUN
  • Previous Owner : NGUYEN THOMAS H
  • Owner Before Previous Owner: OSLUND DAVID
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Torrance Unified School District
  • Census Tract: 650502

Zoning

  • Zoning: TORR-LO

Geography

  • Assessors Map Reference: 67-E2
  • Subdivision Tract Number: 21725
  • Parcel: 7520-007-007
  • Lot: 103
  • Municipality: SOUTH /W. TORRANCE SFR
  • Latitude: 33.8561
  • Longitude: -118.373

    Address

  • Full Address: 5520 Arvada St
  • Address - House Number: 5520
  • Address - Street Name: Arvada
  • Address - Suffix Type: St
  • State: CA
  • City Name: Torrance
  • Carrier Code: C002
  • 4-Digit Zip Code: 1204
  • Zip Code: 90503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,459
  • Tax Rate Code Area: 09-340

    Appraisal Valuation

  • Standard Deviation: 0.2173
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,539,193
  • High Value: 1,873,681
  • Low Value: 1,204,705

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,003,962
  • Assessed Land Value: $803,171
  • Assessed Improvements Value: $200,791

    Sales

  • Current Sale Contract Date: Dec 05, 2016
  • Current Sale Recording Date: Dec 06, 2016
  • Current Sale Transaction ID: 1876280237
  • Current Sale Price: $901,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-1537957
  • Previous Sale Recording Date: Mar 20, 2014
  • Previous Sale Contract Date: Feb 19, 2014
  • Previous Sale Amount: $805,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CRESTLINE FUNDING CORP
  • First Mortgage Transaction Date: Dec 06, 2016
  • First Mortgage Loan Amount: $720,710
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANKERS XPRESS LLC
  • Previous Mortgage Transaction Date: Mar 20, 2014
  • Previous Mortgage Loan Amount: $625,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2044

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Frequently Asked Questions

What neighborhood is 5520 Arvada Street located in?
The 5520 Arvada Street is a located in the neighborhood of West Torrance in Torrance, Torrance.
What is the average sales price for listings in 5520 Arvada Street?
The average sales price for units in 5520 Arvada Street is $0 currently.

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