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.
The income description goes here to explain
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% |
Raymond Lau an agent of . Lic #02096331
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT