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This great investment opportunity is in one of the best areas of Torrance sitting at the base of Palos Verdes. This property consists of two single-family homes with attached ADU's for a total of four units spread over two separate APN's. Each property features a main house with 3 bedrooms, 2.5 baths, a laundry room, a great room, and a two-car garage. Each property also has an attached ADU with a private entrance. Each ADU has 2 bedrooms and 2.5 baths, a great room, and a dedicated parking spot. These are wonderful income properties that live and operate like duplexes. The pro-forma cap rate calculates out to 4.4%. All units have individually metered utilities. Please DO NOT disturb tenants.
Property Type(s):
Residential Income
| Last Updated | 10/2/2024 | Year Built | 2022 |
|---|---|---|---|
| Community | Walteria | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | 6 Burner Stove, Dishwasher, Disposal, Microwave, Refrigerator |
| AREA | Walteria |
| CONSTRUCTION | Stucco |
| EXTERIOR | Rain Gutters |
| FIREPLACE | Yes |
| GARAGE | Assigned, Driveway, Garage, Yes |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | Open Floorplan, Primary Suite |
| LOT | 0.28 acre(s) |
| LOT DESCRIPTION | Sprinkler System |
| PARKING | Assigned,Driveway,Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Contemporary |
| UTILITIES | Electricity Available,Natural Gas Not Available,Sewer Available,Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
| ZONING | TOAR-L |
Location
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Listed with Vista Sotheby’s International Realty
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