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
    : 
    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
    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.
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