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20806 S Western Avenue

Torrance, CA 90501
  • $1,620,000
  • STATUS: Active Under Contract
  • ON SITE: 49 Days
  • MLS #: SB23018344
Under Contract
UPDATED: 17 min ago
$1,620,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1989
County:

School Ratings & Info

Listing Agent(s): Frederick Okuda of Adw Management Usa, Inc. (310-333-0860)


Description

Great Investment opportunity located in the Torrance PO. This 4 unit apartment building is a perfect fit building for any investor. This property contains 3 units which is 3 bedroom / 2 bath and 1 unit which is 2 bed / 1 bath. Each unit comes with 2 parking spaces. This property is conveniently located on Western Ave and near old town Torrance which has plenty of restaurants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-24T08:27:22.713. 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.
www.theziagroup.com/homes/136638993
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20806 S Western Avenue Torrance, CA 90501

  • Price: $1,620,000
  • Status: Active Under Contract
  • On Site: 49 Days
  • Updated: 17 min ago
  • MLS #: SB23018344
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1989
Built
Neighborhood:
122 - Harbor Gateway
County:
Los Angeles
Area:
122 - Harbor Gateway
Property Description
Great Investment opportunity located in the Torrance PO. This 4 unit apartment building is a perfect fit building for any investor. This property contains 3 units which is 3 bedroom / 2 bath and 1 unit which is 2 bed / 1 bath. Each unit comes with 2 parking spaces. This property is conveniently located on Western Ave and near old town Torrance which has plenty of restaurants.
Exterior Features

Carport Spaces 3 Carport YN Yes Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 5 Open Parking Spaces 5 Parking Features Assigned Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.25 Common Interest Community Apartment Community Features Sidewalks Current Financing None Electric Expense 615 Garage YN No Gross Income 106920 Gross Scheduled Income 106920 Insurance Expense 1960 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Maintenance Expense 5000 Net Operating Income 68859 New Construction YN No New Taxes Expense 19994 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 34853 Other Expense 1000 Pest Control Expense 288 Possession Close Of Escrow Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasTrash Collection Total Actual Rent 106920 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 3208 Vacancy Allowance Rate 3 Water Sewer Expense 1128 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-24T08:27:22.713. 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.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Frederick Okuda of Adw Management Usa, Inc. (310-333-0860)