3768 Redondo Beach Blvd

Torrance, CA 90504 View Map $1,500,000 Schedule a Tour
Sq.Ft. Lot4,970
Year1957
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(310) 982-2107
 
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Status: Active
Property Type:Quadruplex
MLS #:PV23042618
On Site:9 Days
Lot Size:4,970 Sq. Ft.
County:Los Angeles

Listing Agent/Office

Agent:Patricia Hedstrom
Office:RE/MAX Estate Properties
Broker Phone:310-936-5875
If you have been looking for rental property in a great neighborhood you know they don't come up very often. Owned by the same owner for the last 22 years, this is a fully occupied 4 unit property in a great area of Torrance across from Alondra park and golf course. NO Local Rent Control Just California rent control AB 1482. The property is comprised of Four 2 bedroom one bath units. Double paned windows and plantation shutters. Each unit is approximately 900 square feet. Two units have remodeled kitchens. Lower units have a nice size private fenced patio off the living room. The upper two units have a good size balcony. All units are in good condition and the property has been well maintained. New top of the line water heater at the end of 2021 ($12,000) 4 separate gas and electric meters. Each unit has a one car garage with storage. Red tile roof. All units are month to month. Prime Location in Torrance directly across from the Alondra Park & Golf Course, El Camino College, and near the South Bay Galleria, Space-X, Freeways, Restaurants & Shops. All units are occupied and offers are subject to inspection. Trust Sale, no court approval required.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:3768 Redondo Beach Blvd, Torrance, CA 90504
Zip Code:90504

Architecture

Year Built:1957
Stories:2
Style:Traditional
Building Area: 3516.0
Number of Buildings: 1
Total Units: 4
Stories Total: 2
Unit 1: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $2,000 actual rent • $2,000 total rent • $2,400 pro forma
Unit 2: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,570 actual rent • $1,570 total rent • $2,400 pro forma
Unit 3: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,900 actual rent • $1,900 total rent • $2,400 pro forma
Unit 4: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,425 actual rent • $1,425 total rent • $2,400 pro forma
Roof: Tile
Foundation: Raised
Garage Spaces: 4.0
Parking Features: Assigned, Door-Multi, Garage, Storage
Parking Total: 4.0

Features / Amenities

Interior Features: Balcony, Open Floorplan, Stone Counters, Tile Counters, Main Level Master
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Gas Cooktop, Disposal, Microwave, Dryer, Washer
Flooring: Carpet, Tile, Vinyl
Laundry: Common Area
Door Features: Sliding Doors
Window: Double Pane Windows, Plantation Shutters, Shutters
Common Walls: 2+ Common Walls
Heating: Wall Furnace

Rooms

Master Bedroom

Property Features

Lot Size: 0.11 Acres / 4,970 Sq. Ft.
Lot Features: Garden, Landscaped
View: Park/Greenbelt, Golf Course
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Sewer: Public Sewer
Water: Public
Road Frontage: City Street
Road Surface: Paved
Fencing: Wood
Zoning:TORR-MH

Tax and Financial Info

Cap Rate: 3.45
Gross Income: $83,940
Gross Scheduled Income: $82,740
Net Operating Income: $51,692
Electric Expense: $275
Fuel Expense: $1,812
Gardener Expense: $1,200
Insurance Expense: $1,981
Maintenance Expense: $3,000
New Taxes Expense: $16,500
Trash Expense: $4,000

Schools

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3768 Redondo Beach Blvd Torrance,  CA 90504
GO SEE THIS LISTING
3768 Redondo Beach Blvd Torrance, CA 90504
 
ASAP
Mon
27
Mar
Tue
28
Mar
Wed
29
Mar
Thu
30
Mar
Fri
31
Mar
Sat
1
Apr
Sun
2
Apr
Choose Your Date -- It's Free, Cancel Anytime
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Based on information from California Regional Multiple Listing Service, Inc. as of March 26, 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.