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Key Details
Sold Price $4,025,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22017985
Sold Date 03/23/22
Bedrooms 1
HOA Y/N No
Lot Size 0.520 Acres
Property Description
This 13 unit complex sits on a .52 acre corner lot at the Southern end of Old Torrance. Each unit is an extra large ~715sqft 1 bedroom, 1 bath with gas stoves and radiant heat. Plenty of upside potential in updating interior and exterior conditions and bringing rents up to market rate. Bottom floor units have their own private outdoor fenced patios. Top floor units have balconies overlooking the green courtyard to the Southeast. There is a secure coin-op laundry facility on-site. Garage parking for 16 vehicles and another 7 off-street uncovered parking stalls in the west lot.
This 13 unit complex sits on a .52 acre corner lot at the Southern end of Old Torrance. Each unit is an extra large ~715sqft 1 bedroom, 1 bath with gas stoves and radiant heat. Plenty of upside potential in updating interior and exterior conditions and bringing rents up to market rate. Bottom floor units have their own private outdoor fenced patios. Top floor units have balconies overlooking the green courtyard to the Southeast. There is a secure coin-op laundry facility on-site. Garage parking for 16 vehicles and another 7 off-street uncovered parking stalls in the west lot.
Location
State CA
County Los Angeles
Area Torrance (90501)
Zoning Public Rec
Building
Lot Description Corner Lot, Curbs, Sidewalks
Story 2
Lot Size Range .5 to 1 AC
Level or Stories 2 Story
Others
Space Rent $20,250
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Bought with NON LISTED AGENT • San Diego
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878