$1,595,000
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3706 Redondo Beach Blvd Torrance, CA 90504
8 Beds
4 Baths
3,516 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,516 sqft
Price per Sqft $455
MLS Listing ID 25609193
Bedrooms 8
Year Built 1958
Annual Tax Amount $19,937
Lot Size 4,966 Sqft
Property Sub-Type Multi-Family
Property Description
Outstanding Owner-User Opportunity with Renovated 2-Bedroom Unit Delivered Vacant | Highly Desirable North Torrance Location - Across the Street from Alondra Park & a Few Blocks from El Camino College | Each Unit Contains Individual Hot Water Heaters & Private Patios | Unit Mix of (Four) 2-Bedroom/1-Bathroom Units | 5.02% Current Cap Rate & 14.03 Current GRM | 6.13% Pro-Forma Cap Rate & 12.08 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Main Sewer Line Has Been Replaced | On-Site Laundry Facility - Generates Additional Annual Income | Total of 4 Garage Spaces | Strong Neighboring Employment: Northrup Grumman, Raytheon, SoFi Stadium, Intuit Dome, Los Angeles Times, Hollywood Park Tomorrow & LAX Airport | Qualifies for Attractive Residential Financing
Location
State CA
County Los Angeles
Area North Torrance West
Zoning TORR-MH
Rooms
Other Rooms Other
Interior
Heating Other
Cooling Other
Equipment Other
Laundry Laundry Area, Room
Exterior
Parking Features Garage
Garage Spaces 4.0
Building
Story 2
Others
Special Listing Condition Standard
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Bought with Vista Sotheby's International Realty