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

Bedrooms

6

Building size

4,868 sqft

Lot size

12,504 sqft

Year built

1946

Stories

2

Garage spaces

6

Heating

Central

View

Courtyard

Status

Active

Days on market

15

MLS #

248678806

About this property

1525 Marcelina Avenue | Offering includes 1523, 1525 and 1527 Marcelina Avenue Three separate buildings, six residences and a central courtyard give this Old Torrance property a distinctive layout. Approximately 4,868 square feet of building area sits on a 12,504-square-foot lot, with six individual single-car garages accessed from the rear alley. The courtyard connects the residences and creates a shared outdoor gathering space, while the separate buildings give the property a neighborhood feel. Old Torrance's cafes, independent shops and local dining add to the setting. Zoned for a seventh unit, the property offers an opportunity to explore conversion of existing garage space. Buyer to verify plans, permits and development requirements. Offered together at $2,999,999.

Location

1525 Marcelina Avenue

Torrance, Los Angeles, CA, 90501