Description
Starlight is a six-unit apartment community built in 1964. It offers an appealing mix of apartments: two studio units, three two-bedroom one-bath units, and one three-bedroom two-bath unit. Parking is secured at the rear of the property. The community has a full occupancy rate of 100% and enjoys reliable rent collections in a stable rental market. The Marker Cap Rate is in the 9% range.Residents benefit from quick access to major freeways, as well as proximity to schools, shopping centers, and restaurants. Additionally, the beautiful beaches of Torrance are only a 15-minute drive away.
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0BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Starlight is a six-unit apartment community built in 1964. It offers an appealing mix of apartments: two studio units, three two-bedroom one-bath units, and one three-bedroom two-bath unit. Parking is secured at the rear of the property. The community has a full occupancy rate of 100% and enjoys reliable rent collections in a stable rental market. The Marker Cap Rate is in the 9% range.Residents benefit from quick access to major freeways, as well as proximity to schools, shopping centers, and restaurants. Additionally, the beautiful beaches of Torrance are only a 15-minute drive away.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-20T11:25:35.753. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.