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$ 1,925,000
Est. payment | /mo
7 Beds
6 Baths
3,916 SqFt
$ 1,925,000
Est. payment | /mo
7 Beds
6 Baths
3,916 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,916 sqft
Price per Sqft $491
MLS Listing ID 26847721
Bedrooms 7
HOA Y/N No
Year Built 1964
Lot Size 5,998 Sqft
Property Description
Highly Desirable Torrance Location: Situated just east of Hawthorne Boulevard, less than one mile from Village Del Amo and Del Amo Fashion Center, and approximately 2.5 miles from the Pacific Ocean and Redondo Beach Pier. Outstanding Unit Mix: Fourplex featuring a desirable mix of 3-bedroom, 2-bedroom, and 1-bedroom units. Ideal Owner-User Opportunity: Spacious 3-bedroom owner's unit includes a fireplace, private patio, and washer/dryer hookups. Upgraded Electrical System: Property features updated electrical with new subpanels installed for all units. Attractive Property Amenities: Intercom access, five garage parking spaces, & an on-site laundry facility that generates additional income. Efficient Operating Profile: All-electric building with no gas expense, helping reduce operating costs and simplify utility management. Strong Investment Fundamentals: Offered at a 4.58% current cap rate and 14.72 GRM with upside to a 5.01% pro-forma cap rate and 13.83 GRM. Not subject to local rent control (AB 1482 only) and qualifies for residential financing.
Location
State CA
County Los Angeles
Area 126 - Central Torrance
Zoning TORR-MD
Interior
Fireplace No
Appliance Washer
Laundry Laundry Room
Exterior
Parking Features Garage
Garage Spaces 5.0
Garage Description 5.0
Total Parking Spaces 5
Building
Story 2
Entry Level One,Two
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 7524029013
Special Listing Condition Standard
Listed by Jonathan Nikfarjam Shield CRE, Inc. #01856803
Nearby Locations
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