Property Detail
Description
Discover this highly desirable 7-unit building located in the heart of North Torrance. Boasting an optimal mix of four 2-bedroom units and three 1-bedroom units, all currently leased, this property promises immediate income generation. Recent exterior painting and refurbished staircase railings and back patio areas have enhanced tenant satisfaction, reflecting a commitment to property upkeep and tenant comfort. Unit includes a mix of spacious 2-bed/2-bath units, including one with a fireplace and another upgraded to feature engineered flooring, potentially convertible into a 3-bedroom layout. Additionally, there are three large 1-bed/1-bath units on the second floor. Well-maintained with over 6,800 Sqft of living space, featuring five garage spaces and two covered carports. Situated on a corner lot at the intersection of 182nd St and Van Ness Ave, the property enjoys proximity to essential amenities such as the Nijiya Japanese market, transportation hubs, shopping centers, schools, and places of worship. Convenient access to major freeways including the 405 and 110, ensuring ease of commute for tenants. With a history of consistent occupancy and a strong rental demand evidenced by all units almost always rented, this property presents a compelling investment opportunity in a sought-after location. Don't miss out on this rare investment opportunity!
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Listing provided courtesy of Hiroko Nishikawa Naumann of RE/MAX ESTATE PROPERTIES. Last updated 2024-11-25 09:11:28.000000. Listing information © 2024 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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