3723 Artesia Blvd, Torrance, CA 90504 | For Sale

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For Sale $2,200,000

$2,200,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 6,257 Sq Ft

Description

5 Unit apartment building centrally located in the city of Torrance with shopping and freeway access on Artesia Blvd. The property comprise of 3 Bedrooms and 1 Bedroom units, professionally managed with strong consistent income in place. Recently painted and had various upgrades throughout ownership. Property does not fall under any city rent control.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $2,200,000
Property Type Condo/Co-Op
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 5 spots
Year Built 1958
Last Sold Unknown
Sold Price Unknown
APN # 4087015027
MLS # SB24235471
Property ID 295364223
Lot Sqft 6,257
Zoning TORR-MD
Total Units 5
Days on Market 34
Original List Price $2,200,000
Date Updated November 27, 2024
Date Created November 18, 2024
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $12,245 $0
Net Income (Yr) $ 122,300
Cap Rate 5.55%
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Listing Provided By

Raymond Lau an agent of . Lic #02096331


© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 27, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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