3706 Redondo Beach Boulevard, Torrance, CA 90504

0 beds 0 baths 4,966 sq.ft.

Offerered at: $1,595,000.00

County: Los Angeles
Year Built: 1958
Association Fees: $0.00/mo.

Property Description

Highly Desirable North Torrance Location - Across the Street from Alondra Park & a Few Blocks from El Camino College | Residential Asset - Presents Desirable Owner-User Opportunity | Each Unit Contains Individual Hot Water Heaters & Private Patios | Unit Mix of (Four) 2-Bedroom/1-Bathroom Units | 4.60% Current Cap Rate & 14.94 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

ESSENTIAL INFO

  • Status: Active