• 5,208 sq.ft.
  • 7,476 sq.ft. lot
offered at $1,745,000
Status: Active Under Contract // Property Type:
County: Los Angeles // Year Built: 1963

Property Description

Highly Desirable Lomita Location | Adjacent to Lomita Boulevard & 4 Blocks to Torrance Crossroads Shopping Center | All 3-Bedroom/2-Bathroom Units | Each Unit Contains Washer/Dryer Hook-Ups & Individual Hot Water Heaters | Large 5,208-SF Building on a 7,476-SF Lot | Desirable Opportunity to Add Up to 2 ADUs (Accessory Dwelling Units) | Total of 6 Garage Spaces (2 Double-Car & 2 Single-Car Garages) | No Local Rent Control - Defaults to AB 1482 | Tremendous Value-Add Opportunity - Approximately 70% in Rental Upside | 7.29% Pro-Forma Cap Rate & 10.39 Pro-Forma GRM | Residential Asset - Perfect Owner-User Opportunity Close Proximity to Rolling Hills Plaza, Torrance Memorial Medical Center, Palos Verdes, Rolling Hills Estates, Torrance Beach & Redondo Beach

Listing Courtesy of Jonathan Nikfarjam, Shield CRE, Inc.

  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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