1450 W 220th, Torrance, CA 90501

$1,150,000

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List Price
$1,150,000
Status
ACTIVE
MLS#
SB26209252
Year Built
1943
Lot Size
9,004
Acres
0.21
Lot Location
11-15 Units/Acre
Days on Market
0
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

Excellent Torrance Investment Opportunity Conveniently located in the Torrance PO neighborhood, this four-unit property is just a few blocks from historic Old Torrance, with its restaurants, coffee shops, breweries, live music, community events, and the beloved Torrance Bakery. Enjoy easy access to the 405 and 110 freeways, Wilson Park, South Bay beaches, LAX, Torrance Airport, and major employment centers including SpaceX, Northrop Grumman, Boeing, El Segundo, Silicon Beach, and LAX. Just four blocks from Harbor-UCLA Medical Center. Current combined gross income for all four units is $7,930 per month. A great opportunity to own an income-producing property in a convenient South Bay location. The exterior of the complex was recently painted.

Additional Information

Pool Description
None
Cooling Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$105,600
Operating Expense
27605

Listing courtesy of Listing Agent: Jack Bliss (JacklBliss@hotmail.com) from Listing Office: J & P Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.