Beds14
Baths7
Sq.Ft.5,400
Year1964
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Status:
Active
Property Type:Residential Income (Multi-Family)
MLS #:23331625
Sq. Feet:5,400
On Site:22 Days
Lot Size:7,507 Sq. Ft.
County:Los Angeles
Listing Agent/Office
Agent:Kimiyasu Murayoshi
Office:Andrew C. Lee
The property located in South Bay, Torrance P.O., surrounded bymany shops, restaurants and entertainment establishments, andbeaches. Stable occupancy and income stream with substantial upside potential (approximately 50% below the market rent). High demand rental area. On-Site Laundry Room for additional income. Softy-Story Retrofit Completed and new roof installed in 2021. Sold "As Is" Condition
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Community Information
Address:1547 Torrance Blvd, Torrance, CA 90501
Area:122 - Harbor Gateway
County:Los Angeles
City:Torrance
Zip Code:90501
Architecture
Bedrooms:
14
Bathrooms:
7
Year Built:1964
Stories:2
Building Area: 5400.0
Number of Buildings: 1
Total Units: 7
Stories Total: 2
Unit 1: 7 Units • 2 Beds • 1 Bath • Unfurnished • $1,401 actual rent • $1,401 total rent • $2,100 pro forma
Unit 2: 7 Units • 2 Beds • Unfurnished • $1,401 actual rent • $1,401 total rent • $2,100 pro forma
Features / Amenities
Appliances: Disposal
Parking Features: Assigned
Parking Total: 8.0
Heating: Wall Furnace
Property Features
Lot Size:
0.17 Acres / 7,507 Sq. Ft.
Lot Dimensions:50x150
Zoning:LARD1.5
Directions:The property is located on the northeast quadrant of Torrance Boulevard and Western Avenue, near Old Town Torrance.
Tax and Financial Info
Gross Income: $117,696
Net Operating Income: $60,815
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1547 Torrance Blvd Torrance, CA 90501
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Based on information from California Regional Multiple Listing Service, Inc. as of December 4, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.
