Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

5

Building size

3,986 sqft

Lot size

7,252 sqft

Year built

1925

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

0

MLS #

246385594

About this property

Excellent investment opportunity near Downtown Torrance! This Five unit apartment property offers a desirable unit mix consisting of a 2 bed/1 bath front residence, three additional 2 bed/1 bath units, and one 1 bed/1 bath unit. The rear four units are situated above the carport/parking area, providing an efficient use of the property and ample on site parking with 10 total spaces, including 5 carport spaces. Conveniently located near Downtown Torrance with easy access to shopping, dining, transportation, American Honda's Torrance operations, the redevelopment of the former Toyota campus, and numerous South Bay employment centers. A great opportunity for an investor looking to add a well located multifamily property to their portfolio.

Location

1527 Torrance

Torrance, Los Angeles, CA, 90501