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Key Details
Sold Price $1,270,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,912 sqft
Price per Sqft $258
MLS Listing ID 25514485
Sold Date 06/11/25
Bedrooms 12
HOA Y/N No
Year Built 1986
Lot Size 7,501 Sqft
Property Description
1986 Construction | Not Subject to L.A. City RSO - Defaults to AB 1482 | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (One) 3-Bedroom/1.75-Bathroom Unit, (One) 2-Bedroom/1.75-Bathroom Unit & (Two) 2-Bedroom/1-Bathroom Units | Large Lot Presents Desirable Opportunity to Add ADUs at Rear Parking Area | Located Less Than 1 Mile from Harbor-UCLA Medical Center | 4.90% Current Cap Rate & 12.39 Current GRM | 7.89% Pro-Forma Cap Rate & 8.97 Pro-Forma GRM | 4,912 SF Building on a Large 7,501 SF Lot | Ten Parking SpacesOn-Site Laundry Facility Generates Additional Annual Income | Short Commute from Old Town Torrance, Torrance Crossroads, Torrance Business Center, and Del Amo Fashion Center
Location
State CA
County Los Angeles
Area 122 - Harbor Gateway
Zoning LARD1.5
Interior
Fireplace No
Appliance Dryer, Washer
Laundry Laundry Room
Exterior
Parking Features Assigned
Total Parking Spaces 10
Building
Story 1
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7351009004
Special Listing Condition Standard
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Bought with Jonathan Nikfarjam • Shield CRE, Inc.