15 days on rocket

21010 Anza Ave, Torrance, CA, 90503

$12,400,000

73 Bedrooms
64 Baths
38,126 SqFt
$325/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingGarage
Year Built1964
HeatingNone
CoolingNone
MLS #24393183
Lot Size0.82 Acres
StatusActive

About 21010 Anza Ave

The Anza South Apartments is a 34-unit, legacy asset situated in the West Torrance area of the South Bay and located on the desirable Anza Ave corridor. The property presents a massive value-add opportunity for experienced investors to enhance their returns through strategic improvements and renovations. There is a proven demand for best-in-class renovated apartments to compensate for the lack of new construction in the Torrance market. Additionally, a low velocity sales market, combined with an aging inventory and high barrier to entry for new construction continue to increase investor demand for larger properties with strong value-add opportunities. The limited stock, low vacancy rates and the affordability gap between buying and renting ensure a consistent demand for renovated units. Strong economic drivers and booming construction sector, point towards economic and rent growth. Lastly, the property benefits from access to the best health care in the South Bay and the #2 school district in LA County, making it highly desirable for families and individuals. The properties offer a compelling investment proposition with multiple factors contributing to their potential success.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 2
  • Living Area: 38,126 SqFt

Listing Office:

  • Office Name: Berkadia
  • Office Phone: (310) 209-3200
  • Listing Agent: Steffan Braunlich

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 73

Exterior Features

Parking Information:

  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.82 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • West High School, Public District Grades 9-12
  • Jefferson Middle School, Public District Grades 6-8
  • Victor Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Located on the SE corner of Anza Ave and Maricopa St

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,400,000
  • Price Per SqFt: $325/SqFt

Tax Information:

  • Annual Amount: $71,464
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Torrance, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$681

Avg. Days On Market

19

# of Sold Homes

105

21010 Anza Ave vs Torrance

15 DAYS ON ROCKET

-4 Days

$12,400,000

+$11.3M More

$325/SqFt

-$356 Less

KEY TAKEAWAY

This property is $11.3M more than the Median Sold Price and $356/SqFt less than other homes in Torrance, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24393183

Listing Office:

  • Office Name: Berkadia
  • Office Phone: (310) 209-3200
  • Listing Agent: Steffan Braunlich

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 2:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$71,464$5,646,501
2020$69,480$5,578,509
2019$67,245$5,469,127
2018$65,785$5,361,890
2017$65,785$5,256,756

History based on county public records data.

Payment Calculator

$61.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$37.2K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5995166
8
/10
  • Victor Elementary School

  • 4820 Spencer St

  • 0.44 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5995167
8
/10
  • Jefferson Middle School

  • 21717 Talisman St

  • 0.55 miles

  • Public District Grades 6-8

High School

school-card-donut-5995168
9
/10
  • West High School

  • 20401 Victor St

  • 0.66 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,809. Residents of Torrance, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 21010 Anza Ave

What is the listing price of this property?

The listing price of 21010 Anza Ave property is $12,400,000.

What type of property is this?

The property 21010 Anza Ave is a house located in Torrance, California, 90503.

Is this property for sale now?

Active Listing: 21010 Anza Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 21010 Anza Ave are:
Victor Elementary School: GreatSchools Rating 8/10
Jefferson Middle School: GreatSchools Rating 8/10
West High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $71,464 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 21010 Anza Ave has 73 bedrooms and 64 bathrooms.

What is the square footage of this property?

The property 21010 Anza Ave is 38,126 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 21010 Anza Ave is 1964.
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Rocket HomesCaliforniaLos Angeles CountyTorrance9050321010 Anza Ave

This home is located at 21010 Anza Ave in Torrance, CA and zip code 90503 in the West Torrance neighborhood. This 38,126 square foot home, which was built in 1964, sits on a 0.82 acre lot. Features: 73 bedrooms, 64 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $12,400,000.

In April 2024, from all listings sold in Torrance, CA there were more than 62 sold above asking price, over 31 sold below and more than 12 were sold right at the asked price. The inventory of homes for sale in Torrance, CA between March 2024 and April 2024 decreased by 4.2%. While the average time on the market in April 2024 was 19 days, the median list price was $1,001,357.

From Rocket Homes Real Estate and based on county public records data.

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