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Triplex at 22102 Normandie
$1,995,000
22102 Normandie
Torrance, Los Angeles, 90502
Triplex · 3 units
Active · 17 days on market

Deal numbers

Est. cap rate
2.6%
Assumed rent, all units
$8,580/mo
Units
3
Price per unit
$665,000
Est. annual NOI
$51,480
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$97,812
Operating expenses
$48,906
Net operating income
$48,906
Annual debt service
$119,455
Annual cash flow
-$70,549
Cash on cash return
-14.1%
Down payment
$498,750

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Triplex
Bedrooms
6
Bathrooms
4
Building size
9,622 sqft
Lot size
24,560 sqft
Year built
1947
Stories
1
Garage spaces
0
Cooling
None
Pool
None
View
None
Status
Active
Days on market
17
MLS #
243340217

About this property

Rare opportunity to acquire a large parcel in the highly sought-after West Carson area. Whether purchased individually or together with the neighboring properties at 22040 and 22042 Normandie Avenue, this property presents a unique opportunity for investors, owner-users, and developers alike. Situated along the Normandie corridor near major transportation routes, shopping, employment centers, and Harbor-UCLA Medical Center, the property offers both immediate utility and long-term potential. Buyers may explore a variety of possibilities including continued rental income, owner occupancy, or future redevelopment opportunities. Properties of this size and location rarely become available, making this a compelling opportunity to secure one parcel or assemble all three for enhanced flexibility and future possibilities.

Location

22102 Normandie

Torrance, Los Angeles, CA, 90502

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

22102 Normandie, Torrance CA | Multifamily for Sale