See all 46 photos
46 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,750,000
Est. payment /mo
6,496 Sqft Lot
UPDATED:
12/25/2024 12:16 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRSB24192830
Originating Board California Regional MLS
Year Built 1959
Lot Size 6,496 Sqft
Property Description
Rare opportunity to acquire a corner-lot fourplex in Old Torrance that is insulated from traffic yet central to everything South Bay. Spanning 2,854 sf across a 6,496 sf lot and comprised of two single level and spacious 2-bed 1-bath units, together with two additional 1-bed 1-bath units situated atop four single car garages and balanced perfectly around a central yard, this building makes sense for owner occupants and investors alike. Both of the 2-bed units feel like single family living and will be delivered vacant, presenting an ideal setup for an owner-user looking to occupy one or more units while subsidizing the mortgage with additional rents. This property is ideally situated nearby schools (Torrance Elementary and Torrance High School), parks, and shopping, as well as easily accessible from Southern California employment hubs, such that rental demand will remain stable for the foreseeable future. There is no local rent control here (on information and belief only CA AB1482 applies, but buyer to verify) and gas and electric are separately metered. There are also several avenues to add value, such as repositioning the leases on the 1-bedroom units, converting owner's storage space (laundry hookups present!) to community laundry facility for additional stream of in
Location
State CA
County Los Angeles
Area 134 - Old Torrance
Interior
Laundry Gas Hookup
Exterior
Garage Spaces 4.0
Pool None
Building
Sewer TBD
Water District - Public
Others
Tax ID 7357005012
Special Listing Condition Not Applicable
Read Less Info
© 2024 MLSListings Inc. All rights reserved.
Listed by Mark Ehlers • Imperial Real Estate