This 2025 Brand new construction, modern multi-unit property offers incredible potential for investors seeking high-quality units in a rapidly appreciating area without the constraints of rent control. With two of the five units designated as affordable housing, the property provides long-term appreciation, tax benefits, and an unparalleled low-risk investment opportunity. Situated in a coveted Opportunity Zone, this asset represents a rare chance to secure a prime piece of real estate at an excellent price. The property sits on a 7,006 sqft lot with a total living space of 9,000 sqft. It features 18 bedrooms and 18 bathrooms across five luxury units. Tenants pay their own utilities, and the property is equipped with paid-off solar for significant energy savings. Two separate driveways, six parking spaces, and a two-car garage provide added convenience for both tenants and owners. Currently 85% completed, the property is expected to be ready for final completion and a Certificate of Occupancy in approximately 60 days. This presents a great opportunity to acquire a property just before it reaches full occupancy and maximizes its investment potential. Located near the vibrant Old Town Torrance, residents will enjoy easy access to high-end restaurants, trendy shops, and local amenities.Don't miss the chance to own a brand-new, high-quality property in this prime location. With immediate income potential, low-risk long-term benefits, and a community-focused investment, this multi-unit property is an opportunity you won't want to let slip away. Act now to secure this amazing asset for your portfolio!
|
DAYS ON MARKET
|
22
|
LAST UPDATED
|
2/23/2025
|
|
TRACT
|
Not Applicable
|
YEAR BUILT
|
2024
|
|
COMMUNITY
|
Harbor Gateway
|
GARAGE SPACES
|
2.0
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Gas Cooktop |
| AREA |
Harbor Gateway |
| GARAGE |
Driveway, Garage, On Street, Yes |
| HEAT |
Central |
| HOA DUES |
0 |
| LOT |
7006 sq ft |
| LOT DESCRIPTION |
Sprinklers None |
| PARKING |
Driveway,Garage,On Street |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
Not Applicable |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
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Listed with COMPASS
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 3/16/25 10:25 PM PDT 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 2025.
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