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
For sale
$1,595,000
3706 Redondo Beach Blvd, Torrance, CA 90504
8beds
4baths
3,516sqft
Est.:
Multi Family
Built in 1958
-- sqft lot
$1,624,600 Zestimate®
$454/sqft
$-- HOA
What's special
Private patiosIndividual hot water heaters
- 4 days |
- 334 |
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