1549 Plaza Del Amo

Torrance, CA 90501

$1,015,000
Last Sold Price
8
Beds
4
Baths
2,975 Sq. Ft.
$341 / Sq. Ft.
2,975
Sq. Ft.
$341
per Sq. Ft.

Description

1549 Plaza Del Amo Torrance is a great value-add opportunity in Torrance. Quadruplex with lot of upside potential in rental income as units turnover and potential to convert garages into ADUs (accessory dwelling units). The property has an excellent unit mix of all 2 bedroom 1 bath units. It has been re-pipped with copper plumbing, has brand new water heaters in each unit and 2-year-old roof with 15-year warranty. Property is situated on a large 7,422 SF lot with ample on-site parking in addition...1549 Plaza Del Amo Torrance is a great value-add opportunity in Torrance. Quadruplex with lot of upside potential in rental income as units turnover and potential to convert garages into ADUs (accessory dwelling units). The property has an excellent unit mix of all 2 bedroom 1 bath units. It has been re-pipped with copper plumbing, has brand new water heaters in each unit and 2-year-old roof with 15-year warranty. Property is situated on a large 7,422 SF lot with ample on-site parking in addition to 3 detached garages (one 2-car garage and two 1-car garages). The building is easy to manage with tenants paying their utilities; the landlord is only responsible for DWP. All tenants are current on rent and have been paying through COVID. With market CAP Rate of over 5.8%, this property is being offered at only $260,000 per unit.
  1. Listed by Evelyn Baez Gonzalez • DRE #02103055 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
  2. Listed by Olga Wright • DRE #01315042 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 1549 Plaza Del Amo

Architectural Style
Traditional
View
None
Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Evelyn Baez Gonzalez, DRE #02103055; Lyon Stahl Investment Real Estate, Inc., Olga Wright, DRE #01315042

Sold By Wilson Ing, Broker, Wilson Ing, DRE #01880067

Add your commute
LISTING UPDATED: 09/08/2021 04:38 AM

Property Details for 1549 Plaza Del Amo

StatusClosed
MLS #SB21125088
Days on Market57
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.17 AC / 7,422 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Evelyn Baez Gonzalez, DRE #02103055; Lyon Stahl Investment Real Estate, Inc., Olga Wright, DRE #01315042

Sold By Wilson Ing, Broker, Wilson Ing, DRE #01880067

Add your commute

Building Information for 1549 Plaza Del Amo

Stories1Residences-Year Built1961Building Size-Lot Size0.17 AC / 7,422 SF

Payment Calculator

$6,659 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,539

Property Taxes

$1,120

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1549 Plaza Del Amo

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $51,000
  • Gross Scheduled Income: $51,000
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $49,470
  • Net Operating Income: $28,851
  • Financing: Conventional
Expense Details
  • Operating Expense: $20,619
  • New Taxes Expense: $12,480
  • Insurance Expense: $1,339
  • Maintenance Expense: $2,600
  • Trash Expense: $0
  • Water Sewer Expense: $4,200
  • Total Expenses: $20,619
Tax / Assessment Info
  • Tax Tract Number: 4529
  • Tax Census Tract: 2932.02
  • Tax Lot: 332
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Community Features: Sidewalks, Storm Drains
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: None
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Bedroom Features: All Bedrooms Down
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating: Wall Furnace
  • Flooring: Carpet, Laminate
Exterior Features
  • Construction Materials: Concrete
  • Exterior Construction: Concrete
  • Roof: Asbestos Shingle
  • Fence: Yes
  • Fence: Barbed Wire
  • Fencing: Barbed Wire, Brick
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Walkstreet
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $950
  • Unit Type Total Rent: $950
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 0

Property History for 1549 Plaza Del Amo

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1549 Plaza Del Amo

Taxable ValueLand$642,600Additions$392,700Total$1,035,300
Tax Record2023$13,437 ($1,120 / month)
Home Facts
Total Finished SqFt2,975 SqFtAbove Grade Finished SqFt2,975 SqFtLot Size7,422 SqFtStyleQuadraplexYear Built1961ZoningLARD1.5CountyLOS ANGELESAPN7347-007-035

Schools near 1549 Plaza Del Amo

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Meyler Street Elementary School
PublicK to 5

Nathaniel Narbonne Senior 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Lyon Stahl Investment Real Estate, Inc., Evelyn Baez Gonzalez, DRE #02103055; Lyon Stahl Investment Real Estate, Inc., Olga Wright, DRE #01315042

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.