25220 Bigelow Road

Torrance, CA 90505

$3,600,000
Price
12
Beds
8
Baths
5,652 Sq. Ft.
$637 / Sq. Ft.
5,652
Sq. Ft.
$637
per Sq. Ft.

Description

We are pleased to present our newest exclusive listing in the highly sought-after community of Walteria in South Torrance. This trophy property is on the market for the first time in 40 years and is a rare opportunity to own real estate in a highly desirable location with a low supply of multifamily housing. Located on the border of Rolling Hills Estates, it is within minutes of schools, Whole Foods, Trader Joe's, Home Depot, Costco, and the exclusive Rolling Hills Country Club. This unique property...We are pleased to present our newest exclusive listing in the highly sought-after community of Walteria in South Torrance. This trophy property is on the market for the first time in 40 years and is a rare opportunity to own real estate in a highly desirable location with a low supply of multifamily housing. Located on the border of Rolling Hills Estates, it is within minutes of schools, Whole Foods, Trader Joe's, Home Depot, Costco, and the exclusive Rolling Hills Country Club. This unique property is comprised of two separate fourplexes on two separate APNs. Each building has two 2-bedroom units and two 1-bedroom units, making it an ideal unit mix that will always stay full! The property has been meticulously cared for and has a "pride of ownership" feel to it. There is a 1:1 parking ratio with plenty of street parking for tenants. This is a rare opportunity to own an exceptional investment property that will generate strong returns into the future! Do not disturb tenants. Drive by only.
  1. Listed by Jonathan Weir • DRE #02038545 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 25220 Bigelow Road

Zoning
TORR-MD
Parcel Number
7535021036
Total Units
8.0
Living Area
5652
Source Living Area
Owner
Area
Walteria (125)
Vacancy Rate
0
Lot Size Area
11986

Location

Listing Courtesy of Marcus & Millichap, Jonathan Weir, DRE #02038545
Add your commute
LISTING UPDATED: 05/28/2024 11:24 AM

Property Details for 25220 Bigelow Road

StatusActive Under Contract
MLS #24-389567
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1966
Lot Size0.28 AC / 11,986 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Jonathan Weir, DRE #02038545
Add your commute

Building Information for 25220 Bigelow Road

Stories2Residences-Year Built1966Building Size-Lot Size0.28 AC / 11,986 SF

Payment Calculator

$20,809 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,647

Property Taxes

$1,162

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 25220 Bigelow Road

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Standard
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $204,936
  • Net Operating Income: $137,328.00
  • Gross Income: $204,936
  • Gross Rent Multiplier: $17.57
  • Total Annual Expense: 68808
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1372
  • Lot Size Square Feet: 11986
Parking Details
Parking Details
  • Parking Garage: Detached
  • Total Parking: 0
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Garbage Disposal, Microwave, Range/Oven, Refrigerator
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-08-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,220.00
  • Unit Actual Rent: $2,220.00
  • Unit Projected Rent: $2,950.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,050.00
  • Unit Actual Rent: $2,050.00
  • Unit Projected Rent: $2,350.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $236,719.00
  • Assessed Improvement Percent: 20.0
  • Assessed Land Value: $946,885.00
  • Assessed Land Percent: 80
  • Assessed Total Value: $1,183,604.00

Property History for 25220 Bigelow Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 25220 Bigelow Road

Taxable ValueLand$946,885Additions$236,719Total$1,183,604
Tax Record2023$13,942 ($1,162 / month)
Home Facts
Total Finished SqFt2,826 SqFtAbove Grade Finished SqFt2,826 SqFtLot Size5,984 SqFtStyleQuadraplexYear Built1966ZoningTORR-MDCountyLOS ANGELESAPN7535-021-036

Schools near 25220 Bigelow Road

This home is within Torrance Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Walteria Elementary School
PublicK to 5

Edward J. Richardson Middle School
Public6 to 8

South High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Jonathan Weir, DRE #02038545

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.