Discover this highly desirable 7-unit building located in the heart of North Torrance. Boasting an optimal mix of four 2-bedroom units and three 1-bedroom units, all currently leased, this property promises immediate income generation. Recent exterior painting and refurbished staircase railings and back patio areas have enhanced tenant satisfaction, reflecting a commitment to property upkeep and tenant comfort. Unit includes a mix of spacious 2-bed/2-bath units, including one with a fireplace and another upgraded to feature engineered flooring, potentially convertible into a 3-bedroom layout. Additionally, there are three large 1-bed/1-bath units on the second floor. Well-maintained with over 6,800 Sqft of living space, featuring five garage spaces and two covered carports. Situated on a corner lot at the intersection of 182nd St and Van Ness Ave, the property enjoys proximity to essential amenities such as the Nijiya Japanese market, transportation hubs, shopping centers, schools, and places of worship. Convenient access to major freeways including the 405 and 110, ensuring ease of commute for tenants. With a history of consistent occupancy and a strong rental demand evidenced by all units almost always rented, this property presents a compelling investment opportunity in a sought-after location. Don't miss out on this rare investment opportunity!
|
DAYS ON MARKET
|
125
|
LAST UPDATED
|
10/1/2024
|
|
YEAR BUILT
|
1963
|
COMMUNITY
|
N Torrance - East
|
|
GARAGE SPACES
|
5.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| School District |
Torrance Unified |
|
Prior to Oct 1, '24
|
$2,790,000
|
| Oct 1, '24 - Today |
$2,690,000 |
| AIR |
None |
| APPLIANCES |
Disposal, Electric Cooktop, Electric Oven |
| AREA |
N Torrance - East |
| FIREPLACE |
Yes |
| GARAGE |
Attached Carport, Covered, Yes |
| HEAT |
Electric |
| INTERIOR |
Ceiling Fan(s) |
| LOT |
7953 sq ft |
| LOT DESCRIPTION |
Lawn |
| PARKING |
Attached Carport,Covered |
| POOL DESCRIPTION |
None |
| SEWER |
Other |
| STORIES |
2 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Park/Greenbelt |
| ZONING |
TORR-MD |
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Listed with RE/MAX ESTATE PROPERTIES
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 5:42 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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