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122020
  • Key Facts
  • Description
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Key Facts

Type 
Levels Residential Income
Size 11208 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 2
Approx. Age 1961
Avg. Price Per Sqft $445
MLS® Number 25570587

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Highly Desirable Torrance Location - Just One Block East of Hawthorne Boulevard & South of Del Amo Boulevard | Located Less Than 2.5 Miles from the Beach & Close Proximity to Del Amo Fashion Center, King Harbor, Redondo Beach Pier & Village Del Amo | 6.28% Pro-Forma Cap Rate & 10.25 Pro-Forma GRM | 3.85% Current Cap Rate & 13.98 Current GRM | Large 20, 923-SF Lot | Desirable Opportunity to Add ADUs | Roof Recently "Tuned Up" | Significant Value-Add Potential - Approximately 36% in Rental Upside | Investor Could Consider Implementing Utility Reimbursement Program (RUBS) to Decrease Operational Expenses & Increase Operating Income | No Local Rent Control - Defaults to AB 1482 | On-Site Laundry Facility - Generates Additional Income | Total of 20 Parking Spaces | Offered at $249, 750 Per UnitShow Description
MLS® Number25570587
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area, Laundry Room
Exposure
Exterior
GarageNo
Approx. Age1961
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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