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5413 Riviera Way

5413 Riviera Way, Torrance, CA 90505
Property in Riviera
Sold May 07, 2021
$1,250,000
$1,123,750 by United Wholesale Mortgage
Mortgage Due Jun 01, 2051
5413 Riviera Way has been categorized by the local assessors in Torrance, CA as a residential type of property. The building on the property was first built in 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 1956. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5413 Riviera Way has 1,319 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 800 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 6,085 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5413 Riviera Way was last sold in Apr 29, 2021 for $1,250,000. According to our calculations, that's $947.69 per sqft. Current property owners are expected to pay $14,638 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 5413 Riviera Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,300,500. To break that down further, the land itself was valued at $1,040,400. While improvements to the property were assessed at a total of $260,100. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,085
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,319
  • Building Area: 1,319
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,319
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 18249
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 18249 LOT/SEC 142

Ownership

  • Current Owner : ORCUTT ANDREW
  • Current Owner 2: ORCUTT AMANDA
  • Previous Owner : DELATERRE LANCE
  • Previous Owner 2: THE GEORGE J AND SHIRLEY F GRO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Torrance Unified School District
  • Census Tract: 651302

Zoning

  • Zoning: TORR-LO

Geography

  • Assessors Map Reference: 72-E1
  • Subdivision Tract Number: 18249
  • Parcel: 7531-015-015
  • Lot: 142
  • Municipality: SOUTH /S.W. TORR SFR
  • Latitude: 33.8109
  • Longitude: -118.372

    Address

  • Full Address: 5413 Riviera Way
  • Address - House Number: 5413
  • Address - Street Name: Riviera
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Torrance
  • Carrier Code: C029
  • 4-Digit Zip Code: 5417
  • Zip Code: 90505

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,638
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 09-340

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,425,089
  • High Value: 1,734,610
  • Low Value: 1,115,567

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,331,750
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: May 07, 2021
  • First Open Lien Mortgage Loan Amount: $1,123,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051
  • Second Open Lien Mortgage Lender: PNC BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Dec 02, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $208,000
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2062

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,300,500
  • Assessed Land Value: $1,040,400
  • Assessed Improvements Value: $260,100

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: May 07, 2021
  • Current Sale Transaction ID: 11834199257
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0735110

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: May 07, 2021
  • First Mortgage Loan Amount: $1,123,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5413 Riviera Way located in?
The 5413 Riviera Way is a located in the neighborhood of Riviera in Torrance, Torrance.
What is the average sales price for listings in 5413 Riviera Way?
The average sales price for units in 5413 Riviera Way is $0 currently.

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