1639 W 228th Street, Torrance, CA 90501

0 beds 0 baths 14,403 sq.ft.

Offerered at: $2,200,000.00

County: Los Angeles
Year Built: 1961
Association Fees: $0.00/mo.

Property Description

Seller may consider carrying a 1st with 25% Down Payment. (Owner User Possible) Fully occupied Residential Reentry Center with a Strong Operator boasting a 7% Cap Rate based on current income. The offering is situated on a large double lot totaling 14,403 Sq. Ft. of CM-1VL Zoning with great future development potential. The Current Land Designation: is Hospitals, Convalescent Homes allowing many uses. The building has a large courtyard and has been recently updated with a pro style kitchen, washer and dryer hookups and a commercial fire alarm system.

ESSENTIAL INFO

  • Status: Pending