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$ 2,690,000
Est. payment | /mo
6,802 SqFt
$ 2,690,000
Est. payment | /mo
6,802 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,802 sqft
Price per Sqft $395
MLS Listing ID CL24409715
HOA Y/N No
Year Built 1963
Lot Size 7,953 Sqft
Acres 0.18
Property Description
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 soug
Location
State CA
County Los Angeles
Area Listing
Zoning TORR
Interior
Heating Electric
Cooling None
Flooring Carpet
Fireplace No
Laundry Community Facility, Laundry Room
Exterior
Utilities Available Other Water/Sewer
View Y/N true
View Greenbelt
Parking Type Covered, Other
Building
Lot Description Other
Water Other
New Construction No
Others
Tax ID 4096024005
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Listed by Hiroko Nishikawa Naumann • RE/MAX ESTATE PROPERTIES
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "