Sq.Ft. Lot4,970
Year1957
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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.
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Community Information
Address:3768 Redondo Beach Blvd, Torrance, CA 90504
County:Los Angeles
City:Torrance
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
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3768 Redondo Beach Blvd Torrance, CA 90504
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Mon
27
Mar
Tue
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Thu
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Choose Your Date -- It's Free, Cancel Anytime
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