Kondominium kup w Torrance, Kalifornia

Excellent and unique opportunity in downtown Torrance. Mixed-use building with 6 residential units, 1 commercial suite, 6 two-car garages; optional, can be converted to ADUs. This property has 7 separate deeds and APNs, updated budgets, bylaws and CC&Rs. Market rents average $4750 per unit; approximately $400,000 per year income. Property is priced at approximately 5.141% cap. Property has been completely upgraded throughout. Commercial tenant at ground floor has two years left on lease. The commercial suite comes with sign rights and permissible uses for office, medical, restaurants and animal services. This building is a perfect investment opportunity to buy 7 separate units in bulk. The owner of the property has the individual units on the market, but will give serious consideration to a bulk sale transaction. MLS® ID: SB22201020 Listed: 9/12/22 Updated: 10/16/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: Inside Exterior/Building Features Lot Size: 0.25 acres lot Sewer: Public Sewer Other Property Details Area Name: 134 - Old Torrance HOA Amenities: Suburban, Sidewalks Garage: Yes Garage Spaces: 12 Parking: Y Parking Total: 12.0 View: N County: Los Angeles Water Source: Public Pool: No Pool Description: None Zoning: TOC1* Courtesy of E Real Estate Corp., Dean Thomas, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/16/22. 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.