Property Description

This 9-unit apartment building is an opportunity for an investor to purchase a non-rent controlled multifamily property in the dense rental market of North Torrance. The property boasts a stabilized income stream with long term upside as the surrounding area continues to appreciate. Located less than 1.4 miles away from El Camino College. The property is conveniently located near popular retail shops and restaurants including King’s Hawaiian and Nijiya Market. Tenants also appreciate the easy access to the 405, 91, and 110 Freeways.The property consists of a desirable unit mix of (8) two bedroom/one bathroom and (1) single unit. Two-bedroom units in this immediate area are currently renting from $1800 to $1,900. There is a laundry area located-onsite. The property has a carport with 9 spaces and ample street parking. All the units except for the single are individually metered for gas and electricity.

Features
: See remarks
Private
Shared septic
: See remarks
2
Address Map
182ND
2501
W119° 40' 43.9''
N33° 51' 57.1''
MLS Addon
Matthews Real Estate Investmen
374.76
10620

Google Map

2501 182ND

2501 182ND, Torrance, California 90504

6,671 Sqft
$2,500,000
Listing ID #19422644
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 19422644
Price : $2,500,000
View : Mountain
Square Footage : 6,671 Sqft
Year Built : 1959
Lot Area : 0.24 Acre
State : CA
County : Los Angeles
City : Torrance
Zipcode : 90504
Status : Active
DOM : 369
Agent info
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