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Key Details
Sold Price $2,200,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24123393
Sold Date 08/14/24
Bedrooms 7
HOA Y/N No
Lot Size 6,947 Sqft
Property Description
RARE opportunity First time on the market in 25 years! Nestled in the highly coveted West High neighborhood of Torrance, this meticulously cared-for 4 unit gem presents an unparalleled investment opportunity in a prime location. Situated 1.5 miles from the beach and on an expansive 6,900+ sqft lot, this 4-plex features a diverse unit mix: (1) 3-bedroom/2-bathroom, (1) 2-bedroom/2-bathroom, and (2) 1-bedroom/1-bathroom units, all separately metered for electric. This versatile property showcases pride of ownership and offers endless possibilities for owner/users seeking passive rental income, multigenerational living, or investors seeking rental income while building out their real estate portfolio. Youll love the impeccably maintained landscaping with a vibrant rose garden and fruit trees (lime, orange, and lemon), the convenience of garage spaces for each unit with updated automatic garage doors, a new main sewer line, new drain lines, remodeled community laundry room and a great neighborhood near it all Award-Winning Torrance Unified schools (walking distance to West High and Victor Elementary), parks, and just minutes from the Del Amo Fashion Center where you will find fantastic shopping, dining, and entertainment. Dont miss out on this opportunity to own this extraordinary investment property in West Torrance!
RARE opportunity First time on the market in 25 years! Nestled in the highly coveted West High neighborhood of Torrance, this meticulously cared-for 4 unit gem presents an unparalleled investment opportunity in a prime location. Situated 1.5 miles from the beach and on an expansive 6,900+ sqft lot, this 4-plex features a diverse unit mix: (1) 3-bedroom/2-bathroom, (1) 2-bedroom/2-bathroom, and (2) 1-bedroom/1-bathroom units, all separately metered for electric. This versatile property showcases pride of ownership and offers endless possibilities for owner/users seeking passive rental income, multigenerational living, or investors seeking rental income while building out their real estate portfolio. Youll love the impeccably maintained landscaping with a vibrant rose garden and fruit trees (lime, orange, and lemon), the convenience of garage spaces for each unit with updated automatic garage doors, a new main sewer line, new drain lines, remodeled community laundry room and a great neighborhood near it all Award-Winning Torrance Unified schools (walking distance to West High and Victor Elementary), parks, and just minutes from the Del Amo Fashion Center where you will find fantastic shopping, dining, and entertainment. Dont miss out on this opportunity to own this extraordinary investment property in West Torrance!
Location
State CA
County Los Angeles
Area Torrance (90503)
Zoning Assessor
Interior
Cooling Central Forced Air, N/K
Appliance Forced Air Unit
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories Split Level
Others
Acceptable Financing Cash, Conventional
Space Rent $1,900
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Arpine Zamanyan • Re/Max Estate Properties
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Najla Dearie Wehbe Dipp
Broker Associate | License ID: 02024371
Broker Associate License ID: 02024371