8-Unit Apartment Building | First Time on Market in 26 Years!
Rare investment opportunity: two 4-unit buildings on one parcel. Each unit is 2 bed/1 bath. Huge upside in rents with a possible 10.3% market CAP and 7.7 market GRM! Upgrades include new roofs, new electrical panels, 68 new vinyl windows (2025), and freshly painted exterior. One remodeled unit is rent-ready. Most units feature updated vinyl/tile flooring. All units include gas range, water heater, and gas wall furnace. 1 covered carport space per unit. Shared courtyard. Many long-term tenants. Subject to City of Los Angeles Rent Control (RSO). Convenient location near freeways, shopping, and restaurants. Huge rental upside.
For sale
Listing Provided by:
Jim Porter DRE #01266035 310-408-8129,
Porter Heritage
$1,795,000
22720 Harvard Blvd, Torrance, CA 90501
16beds
8baths
6,240sqft
Est.:
Mixed Use
Built in 1955
-- sqft lot
$-- Zestimate®
$288/sqft
$-- HOA
What's special
New electrical panelsShared courtyardRemodeled unitNew roofsFreshly painted exteriorCovered carport spaceGas range
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