25226 Loytan Street

Torrance, CA 90505

$2,455,000
Last Sold Price
10
Beds
5.5
Baths
4,926 Sq. Ft.
$498 / Sq. Ft.
4,926
Sq. Ft.
$498
per Sq. Ft.

Description

We are pleased to present 25224 - 25226 Loytan Street, a 5-unit apartment community located in the coveted south Torrance neighborhood of Walteria. Built in 1957, this property received major upgrades, including high-end, total remodels of Units B (2 bed/1.5 bath), C (3 bed/1 bath) and D (2 bed/1 bath), completion (permitted) of a 5th apartment (2 bed/1 bath), major electrical upgrades, plumbing upgrades, all new exterior paint and perimeter fencing. Unit A remains to be renovated and brought to...We are pleased to present 25224 - 25226 Loytan Street, a 5-unit apartment community located in the coveted south Torrance neighborhood of Walteria. Built in 1957, this property received major upgrades, including high-end, total remodels of Units B (2 bed/1.5 bath), C (3 bed/1 bath) and D (2 bed/1 bath), completion (permitted) of a 5th apartment (2 bed/1 bath), major electrical upgrades, plumbing upgrades, all new exterior paint and perimeter fencing. Unit A remains to be renovated and brought to market rents by a new owner. Each of the 5 units are equipped with washer/dryer hookups. Not subject to local rent control! Only state. Conveniently located just three miles from the Pacific Ocean to the west and the 110 Freeway to the east, tenants enjoy the proximity to both work and play.
  1. Listed by Noam Srolovitz • DRE #02069623 • Brokerage DRE #02069623 • Kape Property Management, Inc.

Property Details for 25226 Loytan Street

Zoning
TORR-MD
Cross Streets
Dalemead Street
Parcel Number
7535021011
Total Units
5.0
Living Area
4926
Source Living Area
Builder
Area
Walteria (125)
Vacancy Rate
1

Location

Listing Courtesy of Kape Property Management, Inc., Noam Srolovitz, DRE #02069623

Sold By Team Spirit Realty, Andrew Lee, DRE #01745987

Add your commute
LISTING UPDATED: 03/07/2023 03:23 AM

Property Details for 25226 Loytan Street

StatusSold
MLS #22-192873
Days on Market61
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.14 AC / 6,055 SF
CountyLos Angeles County

Location

Listing Courtesy of Kape Property Management, Inc., Noam Srolovitz, DRE #02069623

Sold By Team Spirit Realty, Andrew Lee, DRE #01745987

Add your commute

Building Information for 25226 Loytan Street

Stories2Residences-Year Built1957Building Size-Lot Size0.14 AC / 6,055 SF

Payment Calculator

$15,015 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,398

Property Taxes

$1,617

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 25226 Loytan Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • Water Heaters: Yes
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $160,737
  • Net Operating Income: $111,143.00
  • Gross Income: $128,508
  • Gross Rent Multiplier: $17.00
  • Actual Annual Gross Rent: $165,708.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 49594
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.139
  • Lot Size Square Feet: 6055
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 4
  • Open Other Spaces Total: 4
  • Parking Features: None
Interior Features
Interior Features
  • Cooling Type: Air Conditioning
  • Heating Type: Wall Gas
  • Equipment: Cable, Ceiling Fan, Dishwasher, Garbage Disposal, Freezer, Gas Dryer Hookup, Hood Fan, Washer, Refrigerator, Range/Oven
  • Interior Features: Ceiling Fan(s)
  • Cooking Appliances: Gas
  • Laundry: In Unit, Inside
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-07-2022
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,503.00
  • Unit Actual Rent: $1,503.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,850.00
  • Unit Actual Rent: $2,850.00
  • Unit Projected Rent: $3,150.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,575.00
  • Unit Actual Rent: $3,575.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,781.00
  • Unit Actual Rent: $2,781.00
  • Unit Projected Rent: $3,100.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,100.00
  • Unit Actual Rent: $3,100.00
  • Unit Projected Rent: $3,100.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,174,846.00
  • Assessed Improvement Percent: 68.26
  • Assessed Land Value: $546,200.00
  • Assessed Land Percent: 31.74
  • Assessed Total Value: $1,721,046.00

Property History for 25226 Loytan Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 25226 Loytan Street

Taxable ValueLand$832,320Additions$832,320Total$1,664,640
Tax Record2023$19,399 ($1,617 / month)
Home Facts
Total Finished SqFt4,174 SqFtAbove Grade Finished SqFt4,174 SqFtLot Size6,055 SqFtStyleQuadraplexYear Built1957ZoningTORR-MDCountyLOS ANGELESAPN7535-021-011

Schools near 25226 Loytan Street

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.

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 Kape Property Management, Inc., Noam Srolovitz, DRE #02069623

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.