17302 Ermanita Ave Torrance, CA 90504
North Torrance NeighborhoodEstimated payment $51,675/month
Total Views
1,752
5
Beds
5
Baths
11,695
Sq Ft
$735
Price per Sq Ft
Highlights
- 0.69 Acre Lot
- Laundry Room
- 1-Story Property
- Evelyn Carr Elementary School Rated A-
- Bike Trail
About This Home
17302 Ermanita Ave is a turnkey 17-Unit situated in a prime pocket of NW Torrance. The property consists of (1) 2-bed/2-bath unit, (5) 2-Bed/1-Bath, (7) 1-Bed/1-Bath, and (4) Studio Units – with a strong in-place income of over $47K/Mo.
The 11,695 SF building sits on a massive 29,992 SF lot and features a BBQ & fire pit area for tenants to enjoy – on top of the pristine quality of the units that are fully equipped with a washer, dryer and AC.
The whole building is newly renovated and recent capital improvements to the exterior include: New Roof, Windows, Front Doors & Wood Siding, Improved Landscaping, New Exterior Paint, Copper Plumbing, New Electrical & Drain Lines. The interior is dressed with top-of-the-line renovations including: New Cabinets, Carrara Style Quartz Countertops, Smooth Interior Ceilings, Wood Laminate Flooring, Stainless Steel Appliances, Recessed Lighting, New Bathroom Tile & Interior doors.
The property is strategically located on a quiet street in Northwest Torrance – in close proximity to Alondra Park Golf Course, El Camino College, and the South Bay Galleria. With its sizable living space, desirable location, and impressive income, this property is a great opportunity for any investor looking for a cash-flowing prize asset.
*Available with Assumable Financing @ 5.25% interest Rate. $3.9M of the Loan is Assumable - Subject to Buyer Qualification. Fixed Rate until Feb 2033
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 3107801899 License #01717818 Listed on: 07/08/2025
Co-Listing Agent
Lyon Stahl Investment Real Est Brokerage Phone: 3107801899 License #01399621
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $49,047
Year Built
- Built in 1962
Lot Details
- 0.69 Acre Lot
- Two or More Common Walls
- Density is 16-20 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 11,695 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 1
- Assessor Parcel Number 4092031008
- $3,499 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 17 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 17 Separate Electric Meters
- 17 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $936
- Maintenance Expense $17,087
- Other Expense $10,200
- Professional Management Expense $28,479
- New Taxes Expense $99,174
- Operating Expense $165,496
- Gross Income $569,580
- Net Operating Income $386,997
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $49,047 | $4,101,568 | $2,706,080 | $1,395,488 |
| 2023 | $48,141 | $4,021,146 | $2,653,020 | $1,368,126 |
| 2022 | $47,500 | $3,942,300 | $2,601,000 | $1,341,300 |
| 2021 | $46,655 | $3,865,000 | $2,550,000 | $1,315,000 |
| 2020 | $17,927 | $1,309,376 | $654,458 | $654,918 |
| 2019 | $17,684 | $1,283,712 | $641,626 | $642,086 |
| 2018 | $16,719 | $1,258,552 | $629,046 | $629,506 |
| 2016 | $15,869 | $1,209,240 | $604,620 | $604,620 |
| 2015 | $15,533 | $1,191,078 | $595,539 | $595,539 |
| 2014 | $15,232 | $1,167,748 | $583,874 | $583,874 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | For Sale | $8,600,000 | 0.0% | $735 / Sq Ft |
| 01/10/2024 01/10/24 | Price Changed | $2,195 | -2.4% | $4 / Sq Ft |
| 11/22/2023 11/22/23 | Price Changed | $2,250 | -18.2% | $4 / Sq Ft |
| 11/22/2023 11/22/23 | For Rent | $2,750 | 0.0% | -- |
| 12/21/2022 12/21/22 | Price Changed | $2,750 | +10.2% | $5 / Sq Ft |
| 11/10/2022 11/10/22 | Price Changed | $2,495 | -2.2% | $5 / Sq Ft |
| 11/04/2022 11/04/22 | Price Changed | $2,550 | +12.1% | $5 / Sq Ft |
| 09/27/2022 09/27/22 | Price Changed | $2,275 | -0.4% | $4 / Sq Ft |
| 09/23/2022 09/23/22 | Price Changed | $2,285 | -3.8% | $4 / Sq Ft |
| 09/19/2022 09/19/22 | Price Changed | $2,375 | +8.2% | $4 / Sq Ft |
| 09/19/2022 09/19/22 | For Rent | $2,195 | 0.0% | -- |
| 08/27/2020 08/27/20 | Sold | $3,865,000 | -0.9% | $390 / Sq Ft |
| 07/01/2020 07/01/20 | Pending | -- | -- | -- |
| 06/30/2020 06/30/20 | For Sale | $3,899,000 | +0.9% | $393 / Sq Ft |
| 06/28/2020 06/28/20 | Off Market | $3,865,000 | -- | -- |
| 05/22/2020 05/22/20 | For Sale | $3,999,000 | +3.5% | $403 / Sq Ft |
| 05/07/2020 05/07/20 | Off Market | $3,865,000 | -- | -- |
| 04/14/2020 04/14/20 | For Sale | $3,999,000 | +3.5% | $403 / Sq Ft |
| 04/13/2020 04/13/20 | Off Market | $3,865,000 | -- | -- |
| 02/17/2020 02/17/20 | For Sale | $3,999,000 | -- | $403 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Ticor Title | |
| Grant Deed | $3,865,000 | Old Republic Title Company | |
| Grant Deed | -- | -- | |
| Grant Deed | $950,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,420,000 | New Conventional | |
| Closed | $4,420,000 | New Conventional | |
| Previous Owner | $3,530,000 | Commercial | |
| Previous Owner | $460,000 | Commercial | |
| Previous Owner | $600,000 | Commercial | |
| Previous Owner | $575,000 | Commercial |
Source: Public Records
Similar Home in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25152883
APN: 4092-031-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 17211 Faysmith Ave
- 17033 Glenburn Ave
- 3448 W 171st St Unit 9
- 17504 Cerise Ave
- 17511 Delia Ave
- 17515 Delia Ave
- 17405 Kornblum Ave
- 16725 Crenshaw Blvd
- 17229 Ardath Ave
- 3743 W 170th St
- 3706 Redondo Beach Blvd
- 2736 Artesia Blvd
- 18028 Falda Ave
- 3723 Sandgate Dr
- 3717 W 182nd St
- 18334 Glenburn Ave
- 2750 W 182nd St Unit 112
- 2310 W 169th Place
- 18403 Eriel Ave
- 2516 W 164th St
- 3335 Artesia Blvd
- 3313 Artesia Blvd
- 3505 Artesia Bl
- 17302 Yukon Ave
- 17511 Glenburn Ave
- 3434 W 170th St Unit 4
- 3617 W 172nd St
- 3635 Artesia Blvd
- 17575 Yukon Ave
- 16926 Kornblum Ave
- 17017 Crenshaw Blvd
- 16901 Crenshaw Blvd Unit 3
- 16924 Crenshaw Blvd
- 16635-16733 Yukon Ave
- 16685 Crenshaw Blvd Unit 10
- 17910 Cordary Ave
- 2411 Artesia Blvd Unit 20
- 3916 W 178th St Unit 2
- 16925 Prairie Ave Unit 16931
- 2709 1/2 W 182nd St