$2,600,000
$2,700,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
8,825 Sqft Lot
SOLD DATE : 07/12/2023
Key Details
Sold Price $2,600,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23078505
Sold Date 07/12/23
HOA Y/N No
Year Built 1957
Lot Size 8,825 Sqft
Property Description
Welcome to this multi-unit investment opportunity in North Torrance! Located at 2147 W. 162nd St., Torrance, CA 90504, this property features 10 units with a mix of 2-bedroom, 1-bedroom, and studio apartments. Each unit has its own unique charm and character, and some have been recently updated with modern finishes. The property also includes on-site parking for tenants and a community laundry room for added convenience.
Situated in a desirable area of Torrance, this property is conveniently located near schools, parks, shopping centers, and restaurants. With a current rent roll and low vacancy rates, this is a great opportunity for investors looking for a steady stream of income. Don't miss out on this chance to own a piece of Torrance real estate!
Please note that the accuracy of the square footage, bedroom/bathroom count, and other information regarding the conditions or features of the property is not guaranteed and should be independently verified by interested parties through personal due diligence, inspection, and consultation with appropriate professionals. Please do not disturb the tenants or walk the property without prior permission.
Location
State CA
County Los Angeles
Area 133 - N Torrance - East
Zoning TORR-MH
Interior
Fireplace No
Laundry Laundry Room
Exterior
Garage Asphalt
Pool None
Community Features Suburban
Total Parking Spaces 10
Private Pool No
Building
Lot Description Paved
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4066001001
Energy Description 3850.0
Acceptable Financing Cash to New Loan, 1031 Exchange, Owner May Carry
Listing Terms Cash to New Loan, 1031 Exchange, Owner May Carry
Financing Seller Financing
Special Listing Condition Standard
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Bought with Cheyne Inman • RE/MAX Estate Properties
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