21103 Wood Avenue

Torrance, CA 90503

$1,769,625
Last Sold Price
7
Beds
6
Baths
3,732 Sq. Ft.
$474 / Sq. Ft.
3,732
Sq. Ft.
$474
per Sq. Ft.

Description

Rare opportunity to purchase a 4-unit property in the highly coveted West Torrance location on a quiet cul-de-sac. This well-maintained property features a spacious 3 bedroom owner's unit in the front with 3 other units directly behind. The building has a newer roof, installed in 2010. The rents are currently low but units have always been fully occupied and are all month-to-month. These units offer excellent proximity to West High, prime retail shopping, restaurants, parks, hospital and the beach.Rare opportunity to purchase a 4-unit property in the highly coveted West Torrance location on a quiet cul-de-sac. This well-maintained property features a spacious 3 bedroom owner's unit in the front with 3 other units directly behind. The building has a newer roof, installed in 2010. The rents are currently low but units have always been fully occupied and are all month-to-month. These units offer excellent proximity to West High, prime retail shopping, restaurants, parks, hospital and the beach.
  1. Listed by Robert Nishida • DRE #02027564 • Brokerage DRE #01948605 • West Shores Realty, Inc. • 424-634-2059

Property Details for 21103 Wood Avenue

Parking Spaces Total
5
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3732
Assessor Parcel Number
7519-001-053
Property Attached YN
true

Location

Listing Courtesy of West Shores Realty, Inc., Robert Nishida, DRE #02027564

Sold By Ray Louis Craemer, Ray Craemer, DRE #00672435

Add your commute
LISTING UPDATED: 03/13/2023 10:44 AM

Property Details for 21103 Wood Avenue

StatusClosed
MLS #SB23011859
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
Lot Size0.16 AC / 6,901 SF
CountyLos Angeles County

Location

Listing Courtesy of West Shores Realty, Inc., Robert Nishida, DRE #02027564

Sold By Ray Louis Craemer, Ray Craemer, DRE #00672435

Add your commute

Building Information for 21103 Wood Avenue

Stories2Residences-Year Built1962Building Size-Lot Size0.16 AC / 6,901 SF

Payment Calculator

$10,319 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,658

Property Taxes

$661

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 21103 Wood Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $62,880
  • Net Operating Income: $27,021
  • Laundry Income: $1,000
  • Financing: Cash
Expense Details
  • Operating Expense: $35,859
  • New Taxes Expense: $21,224
  • Gardener Expense: $600
  • Fuel Expense: $0
  • Licenses Expense: $108
  • Electric Expense: $1,045
  • Insurance Expense: $1,957
  • Trash Expense: $6,892
  • Water Sewer Expense: $4,033
  • Total Expenses: $35,859
Tax / Assessment Info
  • Tax Tract Number: 24183
  • Tax Census Tract: 6506.06
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 4
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Laundry Equipment Own Lease: Lease
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Garage, Garage Faces Rear
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: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,560
  • Unit Type Total Rent: $1,560
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,280
  • Unit Type Total Rent: $1,280
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 1

Property History for 21103 Wood 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 21103 Wood Avenue

Taxable ValueLand$337,637Additions$292,969Total$630,606
Tax Record2023$7,933 ($661 / month)
Home Facts
Total Finished SqFt3,732 SqFtAbove Grade Finished SqFt3,732 SqFtLot Size6,901 SqFtStyleQuadraplexYear Built1962ZoningTORR-MDCountyLOS ANGELESAPN7519-001-053

Schools near 21103 Wood 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 - 9 to 12
Rating
School
Distance
Victor Elementary School
PublicK to 5

Jefferson Middle School
Public6 to 8

West 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

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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 West Shores Realty, Inc., Robert Nishida, DRE #02027564

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.