Attention investors seeking a tremendous value-add opportunity in a Prime Northwest Torrance location! This Trust Sale 4-Unit Rental property is priced to sell quickly. All (4) units are currently occupied by long-term tenants. Actual rents are substantially below current market rents. Pro-forma rents as indicated are based on (actual) current rents at neighboring (comparable) units up and down this street. The front unit lives like a single-family residence; it is a one story 3bd/2bath home with a front yard; it was updated with remodeled kitchen, bath, and laminate and tile flooring a few years ago. Units #2 & #3 are both Townhome style, 2-story units, each with 3bd/2baths in need of some repairs/updating. Unit #4 is a 3bd/1ba single story unit upstairs, above the garages; this unit features an updated kitchen and bath that was done a few years back. Realize some tremendous upside valuation with some sweat equity by completing deferred maintenance repairs and remodeling/updating the property inside & out while bringing the rents up to market rents over time. The City of Torrance has no local rent control. Prime location, centrally located within easy access to/from the 405 Fwy, near shopping and entertainment, minutes to El Camino College, and just a few miles to all local beaches!
Listing courtesy of Listing Agent: Gabe Almeida (vistaverdeinv@hotmail.com) from Listing Office: RE/MAX One.
Listing sold by Jeremy Barth from Lyon Stahl Investment Real Estate, Inc.
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.