On Site:7 Days
Lot Size:6,800 Sq. Ft.
Great investment opportunity for someone looking to generate passive income! Torrance Duplex boasting two detached units. Consisting of a 2 bed/1 bath layout and separated by a nice block wall, the units have their own yards giving tenants privacy and their own exterior space. Each unit has its own gas (2 total) and electric meter (2 total). Fresh paint paint, new carpet, and lighting can be found in all units. The front unit presents a private front/back yard, new kitchen cabinets, a 1 car garage complete with washer and electric dryer hookups. A roomy driveway, large front yard, and bonus area equipped with washer and electric dryer hookups are showcased in the back unit. Because the owner is only responsible for water, home insurance, and standard maintenance, the cash flow potential is very promising with market rent rates showing $2,500-$2,800/month earning potential. With some TLC, these units can definitely be leased at market rent! Conveniently located near the 110 FWY, UCLA Medical Center, The Links at Victoria Golf Course, Los Angeles Harbor College, and Ken Malloy Harbor Regional Park.
Agent Name:Elizabeth Do
Office Name:Keller Williams Realty
$000 Monthly Payment
Loan and interest only.
Address:1141 Jay St Torrance, CA 90502
Area:123 - County Strip
Building Area: 1524.0
Number of Buildings: 2
Total Units: 2
Unit 1: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $2,800 pro forma
Unit 2: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $2,800 pro forma
Garage Spaces: 1.0
Parking Total: 1.0
Features / Amenities
Laundry: Washer Hookup, Electric Dryer Hookup, Inside, In Garage
Common Walls: No Common Walls
Lot Size: 0.16 Acres / 6,800 Sq. Ft.
Lot Features: Back Yard, Front Yard
Sewer: Public Sewer
Directions:Main Cross Streets: W 223rd St & Normandie Ave
Tax and Financial Info
Gross Scheduled Income: $45,600
Net Operating Income: $44,208
Water/Sewer Expense: $1,392
Operating Expense: $1,392
Land Lease: No
WALKING AND TRANSPORTATION
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Listing agent / office Elizabeth Do, Keller Williams Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of September 27, 2022. 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.