This multifamily property consists of 21 units, perfectly located in a prime area of Torrance. Across the street from Torrance Memorial Hospital, close to Del Amo Mall, and the Torrance Financial District. The property is located in a desirable residential neighborhood, surrounding streets are lined with well-maintained family residences and multifamily properties. The property features one-car garage parking for residents. There is a tremendous value-add opportunity for investors to renovate the property and bring rental rates to market levels. This is a high-demand location. The unit mix consists of 11 two-bedroom units, and 10 one-bedroom units. The pool area was completely redone last year. There is a great office for the on-site manager and a grassy courtyard for play.
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Listing Snapshot
Price
$7,300,000
Days On Site
58 Days
Bedrooms
N/A
Inside Area (SqFt)
20,228 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.5524 Acres
Year Built
1963
MLS® Number
PV25200763
Status
Pending
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
7 days ago
Status changed to Pending
7 days ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.5524
Garage
Yes
Garage Spaces
21
Land Lease
No
Levels
Two
Number Of Stories
2
Parking
GaragePaved
Parking Spaces
21
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
20228
Style
MidCenturyModern
Water Source
Public
Zoning
TORR-MH
Interior Features
Fireplace Features
None
Laundry Features
Common Area
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Exterior Features
Pool Features
CommunityIn GroundAssociation
Spa Features
None
View
None
Waterview
None
Community Features
Association Amenities
Pool
Building Access
1
Community Features
CurbsParkPool
Financing Terms Available
Cash
MLS Area
129 - South Torrance
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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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