1016 1018 Portola Ave

Torrance, CA 90501 View Map $1,100,000 Schedule a Tour
Sq.Ft. Lot4,662
Year1920
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Status: Active
Property Type:Duplex
MLS #:SR21226216
On Site:6 Days
Lot Size:4,662 Sq. Ft.
County:Los Angeles
Beautiful Duplex investment opportunity in the heart of Old Torrance! Two Units with their own laundry hookups and their own two car garages plus extra parking spaces. The Front unit is available. It is 732 Square feet. The Back Unit is currently rented on a month to month basis. It is 1337 square feet.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:1016 1018 Portola Ave Torrance, CA 90501
Zip Code:90501

Architecture

Year Built:1920
Stories:1
Building Area: 2069.0
Number of Buildings: 2
Total Units: 2
Stories Total: 1
Unit 1: 1 Unit•2 Beds•1 Bath•Unfurnished•$2,000 pro forma
Unit 2: 1 Unit•2 Beds•2 Baths•Unfurnished•$2,200 actual rent•$2,200 total rent•$3,000 pro forma
Garage Spaces: 4.0
Parking Total: 4.0

Features / Amenities

Laundry: Inside
Common Walls: No Common Walls

Property Features

Lot Size: 0.11 Acres / 4,662 Sq. Ft.
Lot Features: Yard
Sewer: Public Sewer
Water: Public
Zoning:TORR-LM
Directions:North Of Torrance BlVD, West of Van Ness

Tax and Financial Info

Gross Income: $26,400
Gross Scheduled Income: $50,400
Net Operating Income: $40,187
Insurance Expense: $988
New Taxes Expense: $7,920
Trash Expense: $430
Water/Sewer Expense: $875
Operating Expense: $10,213
Terms: CashtoNewLoan, Conventional
Tenant Pays: Electricity, Gas
Total Actual Rent:

Listing Agent/Office

Listing provided courtesy of Emad Halaby, Keller Williams Realty-Studio City.

Schools

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1016 1018 Portola Ave Torrance, CA 90501
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1016 1018 Portola Ave Torrance, CA 90501
 
ASAP
Mon
18
Oct
Tue
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Oct
Wed
20
Oct
Thu
21
Oct
Fri
22
Oct
Sat
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Oct
Sun
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Oct
Choose Your Date -- It's Free, Cancel Anytime
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Based on information from California Regional Multiple Listing Service, Inc. as of October 17, 2021. 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.