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Highly Desirable Torrance Location - Just One Block East of Hawthorne Boulevard & South of Del Amo Boulevard | Located Less Than 2.5 Miles from the Beach & Close Proximity to Del Amo Fashion Center, King Harbor, Redondo Beach Pier & Village Del Amo | 6.28% Pro-Forma Cap Rate & 10.25 Pro-Forma GRM | 3.85% Current Cap Rate & 13.98 Current GRM | Large 20,923-SF Lot | Desirable Opportunity to Add ADUs | Roof Recently "Tuned Up" | Significant Value-Add Potential - Approximately 36% in Rental Upside | Investor Could Consider Implementing Utility Reimbursement Program (RUBS) to Decrease Operational Expenses & Increase Operating Income | No Local Rent Control - Defaults to AB 1482 | On-Site Laundry Facility - Generates Additional Income | Total of 20 Parking Spaces | Offered at $249,750 Per Unit
Property Type(s):
Residential Income
| Last Updated | 7/28/2025 | Year Built | 1961 |
|---|---|---|---|
| Community | 126 - Central Torrance | County | Los Angeles |
Additional Details
| AREA | 126 - Central Torrance |
|---|---|
| LOT | 0.4803 acre(s) |
| PARKING | Covered, Carport |
| STORIES | 2 |
Location
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Listed with Shield CRE, Inc.
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