Torrance Triplex
• Prime Torrance location (no local rent control – AB 1482 only)
• Desirable unit mix: (3) 2BD / 1.5BA
• On-site parking: three garages
• Value-add opportunity through rent increases and RUBS implementation
• Supported by strong demographics (~$102K average household income, 1-mile radius)
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $1,229,000 |
| No. of Units: | 3 |
| Cap Rate: | 4.04% |
| GRM /GIM: | 15.40 |
| Year Built: | 1964 |
| Building Size: | 2,880 Sq ft |
| Lot Size: | 4,321.00 Acres |
| No. of Stories: | 2 |
| Opportunity Zone: | No |
| Price per unit: | $409,667 |
| Parking Spaces: | 3 |
FINANCIAL DETAILS
| Income/expense info: | Actual |
|---|---|
| Financial year: | 2025 |
| Gross income: | 80124 |
| Effective Gross income: | 77720 |
| Operating expenses: | 28107 |
| Net operating income: | 49614 |
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