• Prime Torrance location (no local rent control – subject only to AB 1482)
• Unit mix: (2) 2BD / 1BA + (1) 1BD / 1BA
• Large central courtyard with ADU potential (buyer to verify)
• On-site parking: three garages + driveway
• Value-add through rent increases and RUBS
• Additional upside via ADU development
• Strong demographics with ~$102K average household income (1-mile radius)
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $1,087,000 |
| No. of Units: | 3 |
| Cap Rate: | 4.39% |
| GRM /GIM: | 14.56 |
| Year Built: | 1941 |
| Building Size: | 1,992 Sq ft |
| Lot Size: | 6,901.00 Acres |
| No. of Stories: | 3 |
| Opportunity Zone: | No |
| Price per unit: | $362,333 |
| Parking Spaces: | 4 |
Sponsored by:
Please enter annual amounts.
Re/Max Real Estate Professionals | New York
Central CA Commercial | California
Recckio Real Estate & Development
Avison Young - CA - ON - Greater Toronto
California
California