2758 Orange Ave

• Current 5.81% Cap Rate & 11.43 GRM
• First Time on the Market in 27 years
• Rare Townhome, 2-Story Floor Plans, Private Patios
• Market 6.96% Cap Rate & 9.98 GRM
• Well Located, Low Density Neighborhood
• Condo Quality Units Avg 1100 sqft
• Controlled Access Parking & Courtyard
• Potential for 5 ADUs

Property Description

YoungLewin Advisors is pleased to present a 15 unit investment opportunity located at 2758 Orange Ave in Torrance CA. This community benefits from a rare unit mix of mostly townhome style, two-story floor plans. All units are of condo quality, and amenities include gated access, private patios, parking, onsite laundry, oven range, large windows, vinyl plank flooring, and modern paint. Situated on a quiet residential street in Old Town Torrance, the subject property is still proximate to Downtown Torrance with its eclectic mix of dining, shopping, and entertainment options. The nearby Wilson Park is a tenant attraction, featuring large open green spaces, sports facilities, and a farmers market. Lastly, just a short drive away, is the coastline of Torrance and Redondo Beach. With strong current cash flow and significant upside in NOI, this is a great value add opportunity in a highly sought-after submarket.