$1,100,000
Pending

2264 Torrance Boulevard

Torrance, CA 90501
0.11 acres | #SB24117045
Listing OfficeBonanza Realty
Browse 40 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Subject to Cancellation of Existing Escrow. Mixed use property on a knoll above high traffic Torrance Bl. in nice area of Old Torrance. Property still shows as a triplex in the tax rolls. City of Torrance permits from early 1980's show front duplex turned into four office spaces with two bathrooms and kitchenette. Three of the four offices rented at below market rents and the owner is using suite #2. Above the three car garage in the rear is a two bedroom apartment. Separate patio and yard area for this unit. There are also three side by side parking spaces for the front offices on the side alley. Property has been well kept. Rents are low. Could turn the front four offices back into two 1 bedroom, 1 bath units each with a garage and one extra parking space would easily rent for at least $2,200 per month each. Front structure is also 1,248 sqare feet so it could also be turned into one house. No State or City Rent Control on office property. Large front yard. Great potential and great upside.

  • Property Details
      • Lot DescriptionBackYard, NearPark, RectangularLot
      • Stories2
    • Measurements
      • Acres0.1098
    • Parking
      • Parking Spaces3
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1930
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,150,000
  • Other
      • MLS #SB24117045

Location

Marylin PaulReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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