Property Description

1986 Construction | Not Subject to L.A. City RSO - Defaults to AB 1482 | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (One) 3-Bedroom/1.75-Bathroom Unit, (One) 2-Bedroom/1.75-Bathroom Unit & (Two) 2-Bedroom/1-Bathroom Units | Large Lot Presents Desirable Opportunity to Add ADUs at Rear Parking Area | Located Less Than 1 Mile from Harbor-UCLA Medical Center | 4.90% Current Cap Rate & 12.39 Current GRM | 7.89% Pro-Forma Cap Rate & 8.97 Pro-Forma GRM | 4,912 SF Building on a Large 7,501 SF Lot | Ten Parking SpacesOn-Site Laundry Facility Generates Additional Annual Income | Short Commute from Old Town Torrance, Torrance Crossroads, Torrance Business Center, and Del Amo Fashion Center

ESSENTIAL INFO

• Status: Active Under Contract