Property Description

Great investment four-plex in prime area of Torrance; close to shopping and freeways. Located in the Walteria area of Torrance. Turn key, updated four units with a stand alone 3 bedroom / 2 bath house in the front ideal for owner user. Rear building has 3 units. Walk to shops and restaurants. The property is turn key with new roofs (both front and back house), new dual pane vinyl windows, new driveway/carports and new exterior paint. The 3 bedroom house has been updated with granite kitchen counters, maple cabinets, stainless steel appliances and tiled floors and has private washer/dryer hookups. The downstairs rear unit is super large one bedroom that is currently used as two bedrooms and has 3 full baths. Two units upstairs, each with one bedroom. One has been renovated with new wood flooring. The second one bedroom unit has been occupied by a long term tenant of over 15 years. Rents are low. Easy to rent and manage. Torrance school district. Common Laundry room for extra income. Current cap 4% and market rate cap of 5%.

Features
: 4
: Curbs, Sidewalks
None
Public Sewer
: 2-5 units/acre
: Common Area
2
0
: Public
: 1 common wall
Address Map
January
25514
7053
W119° 39' 54.7''
N33° 47' 28.7''
MLS Addon
Monica Masuda, Realtor
Two
584.75
6387

Google Map

25514 January

25514 January, Torrance, California 90505

2,950 Sqft
$1,725,000
Listing ID #PV20116663
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : PV20116663
Price : $1,725,000
View : City Lights,landmark,mountain(s)
Square Footage : 2,950 Sqft
Year Built : 1953
Lot Area : 0.15 Acre
Country : US
State : California
County : Los Angeles
City : Torrance
Zipcode : 90505
Status : Active
DOM : 26
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