2758 Orange Avenue, Torrance, CA 90501
- $6,300,000
- 29
- BD
- 28
- BA
- 16,464
- SqFt
- Sold Price
- $6,300,000
- List Price
- $6,500,000
- Closing Date
- Mar 12, 2025
- Status
- CLOSED
- MLS#
- 25494553
- Year Built
- 1964
- Bedrooms
- 29
- Bathrooms
- 28
- Living Sq. Ft
- 16,464
- Lot Size
- 21,789
- Acres
- 0.50
- Days on Market
- 9
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
We are pleased to present this turnkey 15-unit townhome-style apartment community in the heart of Old Torrance. This asset includes two (2) 3-bed/2-bath, ten (10) 2-bed/1.5 bath, one (1) 1-bed/1.5 Bath, (2) 1-bed/1-bath. GREAT ADU potential (15 on site parking spaces). 12 of the 15 units have been remodeled and professionally designed with high-end finishes. Major CAPEX projects have been completed over the last year including complete electrical panel replacements (main panel and all subpanels), partial roof replacement (the rest is in good shape), new exterior paint, gutters and lighting. 13 units have private patios too. All units share a laundry room, recently upgraded with Shinepay equipment = extra income! All units are occupied by qualified, long-term, at/near market tenants. Buyer will have opportunity to add 5 ADU's. NO LOCAL RENT CONTROL - subject to only AB 1482. Located in the highly desirable Old Torrance Neighborhood, just minutes from Del Amo, Old Torrance stores, and the beach. UNIT 4 IS CURRENTLY VACANT. PLEASE SEE OM IN DOCS.
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Additional Information
- Appliances
- Dishwasher, Refrigerator, Dryer, Washer
- Heat
- Wall Furnace
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Detached
- Number Of Units Total
- 15
Listing courtesy of Listing Agent: Noam Srolovitz (noam@kapeproperties.com) from Listing Office: Kape Property Management, Inc..
Listing sold by Keiko Shibanai from EXP REALTY OF CALIFORNIA INC
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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.