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21110 Wood Ave
Off-Market Call for Pricing
Call for Pricing
- 18 Units
- 10,638 Sq Ft
- 13,787 Sq Ft
- Unknown Cap Rate
Description
Price Reduced by Over $600,000 | 18-Unit Apartment in Highly Desirable West Torrance Location | Located Approximately 1 Mile from the Pacific Ocean & Redondo Beach Pier and Close Proximity to Del Amo Fashion Center, King Harbor & Village Del Amo | Large 13,787-SF Lot | Desirable Opportunity to Add ADUs | Total of 18 Garage Spaces | No Local Rent Control - Defaults to AB 1482 | 5.68% Current Cap Rate & 11.76 Current GRM | 6.65% Pro-Forma Cap Rate & 10.47 Pro-Forma GRM | Four Units Delivered Vacant | Common Area Courtyard | On-Site Laundry Facility - Generates Additional Annual Income
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
Property Details
| List Price | $5,395,000 |
| Property Type | Multi-Family |
| Usable Sqft | 10,638 |
| Number of Stories | 2 stories |
| Parking Spots | 18 spots |
| Year Built | 1961 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7519002007 |
| MLS # | 26636011 |
| Property ID | 322506512 |
| Lot Sqft | 13,787 |
| Zoning | TORR-MD |
| Total Units | 18 |
| Days on Market | 37 |
| Original List Price | $6,000,000 |
| Date Updated | February 12, 2026 |
| Date Created | January 12, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 2.00 | $3,000 | $3,050 |
| Unit #2 | 2 | 1.00 | $2,558 | $5,700 |
| Unit #3 | 0 | 1.00 | $1,940 | $12,600 |
| Unit #4 | 1 | 1.00 | $2,053 | $21,600 |
| Gross Income (Yr) | $ 449,792 |
| Operating Expenses | $ 143,406 |
| Net Income (Yr) | $ 306,386 |
| Cap Rate | 5.68% |
Listing Provided By
Jonathan Nikfarjam an agent of . Lic #01856803
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Robert Crawford
REAL ESTATE AGENT