2020 Andreo Avenue

Torrance, CA 90501

$900,000
Last Sold Price
5
Beds
3
Baths
1,706 Sq. Ft.
$528 / Sq. Ft.
1,706
Sq. Ft.
$528
per Sq. Ft.

Description

Duplex that needs some “TLC”/work in wonderful area of Old Torrance with walking distance to Torrance High School and downtown Old Torrance. The front house, in move-in condition, is a 3 bed/2 bath home with wood cabinets, granite counters, laminate wood flooring throughout, mirror wardrobe doors in bedrooms, front and rear covered decks, new roof and an attached single-car garage with roll-up door. The detached occupied rear unit has 1 spacious bedroom with a full bathroom, mirror wardrobe doors,...Duplex that needs some “TLC”/work in wonderful area of Old Torrance with walking distance to Torrance High School and downtown Old Torrance. The front house, in move-in condition, is a 3 bed/2 bath home with wood cabinets, granite counters, laminate wood flooring throughout, mirror wardrobe doors in bedrooms, front and rear covered decks, new roof and an attached single-car garage with roll-up door. The detached occupied rear unit has 1 spacious bedroom with a full bathroom, mirror wardrobe doors, laminate wood flooring throughout, wood style laminate kitchen cabinets with granite counters and a cozy desk/work space/dining area. Plenty of parking, large front and shared rear yard, and laundry hookups for both units. Great investment opportunity to earn passive rental income from both units, live in one and rent the other, or live in both – great for multigenerational living. Do not miss this incredible opportunity to make the perfect investment!
  1. Listed by William Mulkey • DRE #00986020 • Brokerage DRE #01914040 • TR Wealth Management Inc.

Property Details for 2020 Andreo Avenue

View
City Lights
Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Public Records
Living Area
1706

Location

Listing Courtesy of TR Wealth Management Inc., William Mulkey, DRE #00986020

Sold By TR Wealth Management Inc., William Mulkey, DRE #00986020

Add your commute
LISTING UPDATED: 12/26/2022 04:11 AM

Property Details for 2020 Andreo Avenue

StatusClosed
MLS #SB22113478
Days on Market184
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1922
Lot Size0.12 AC / 5,101 SF
CountyLos Angeles County

Location

Listing Courtesy of TR Wealth Management Inc., William Mulkey, DRE #00986020

Sold By TR Wealth Management Inc., William Mulkey, DRE #00986020

Add your commute

Building Information for 2020 Andreo Avenue

Stories1Residences-Year Built1922Building Size-Lot Size0.12 AC / 5,101 SF

Payment Calculator

$5,944 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$1,032

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2020 Andreo Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $6,000
  • Gross Scheduled Income: $72,000
  • Vacancy Allowance: 0
  • Vacancy Allowance Rate: 0
  • Gross Operating Income: $72,000
  • Net Operating Income: $54,149
  • Number Of Rented Garages: 0
  • Garage Income: $0
  • Laundry Income: $0
  • Gross Multiplier: 15.97
  • Cap Rate: 4.71
  • Financing: Cash to Loan
Expense Details
  • Operating Expense: $17,851
  • Operating Expense Percent: 24.80%
  • New Taxes Expense: $12,042
  • Gardener Expense: $625
  • Licenses Expense: $150
  • Insurance Expense: $1,721
  • Maintenance Expense: $2,000
  • Trash Expense: $789
  • Water Sewer Expense: $524
  • Total Expenses: $17,851
Tax / Assessment Info
  • Tax Annual Amount: $12,042
  • Tax Block: 40
  • Tax Tract: 21
  • Tax Tract Number: 9340
  • Tax Census Tract: 6509.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 21
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Curbs, Sidewalks, Street Lights
  • Number Of Units In Community: 0
Property / Structure Info
Interior Features
  • Appliances: Free-Standing Range, Gas Water Heater, Range Hood
  • Equipment: Garage
  • Interior Features: Copper Plumbing Partial, Granite Counters, Recessed Lighting
  • Room Type: Living Room
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Room Kitchen Features: Granite Counters
  • Eating Area: Dining Room
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: In Garage
  • Laundry Location: Garage
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Heat Equipment: Wall/Gravity
  • Floor Coverings: Laminate, Wood
  • Flooring: Laminate, Wood
Exterior Features
  • Roof: Flat
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Structure Type: Duplex
  • Property Condition: Updated/Remodeled
  • View Description: City Lights
  • Patio: Yes
  • Patio And Porch Features: Front Porch
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Lease Considered: No
  • Number Of Units: 0
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Non-Garage: Driveway
  • Parking Garage Spaces: 1
  • Parking Garage: Garage
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Driveway, Garage
Property / Structure Info
  • Residential Styles: Townhome
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 0
  • Number With Refrigerator: 0
  • Number With Disposal: 2

Property History for 2020 Andreo Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2020 Andreo Avenue

Taxable ValueLand$750,000Additions$330,000Total$1,080,000
Tax Record2023$12,384 ($1,032 / month)
Home Facts
Total Finished SqFt1,706 SqFtAbove Grade Finished SqFt1,706 SqFtLot Size5,101 SqFtStyleDuplexYear Built1922ZoningTORR-LMCountyLOS ANGELESAPN7357-019-021

Schools near 2020 Andreo Avenue

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 - 7 to 12
Rating
School
Distance
Torrance Elementary School
PublicK to 5

J. H. Hull Middle School
Public6 to 8

Torrance High School
Public9 to 12

Gene Drevno Community Day School
Public7 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

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Similar Sold Homes

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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 TR Wealth Management Inc., William Mulkey, DRE #00986020

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.