16925 Prairie Avenue, Torrance Property Listing: MLS® #SB17038133 For Sale - ISellSouthBay.com

Clean turn key 27 unit building in the city of Torrance with no deferred maintenance with NO RENT CONTROL*** New roof, new copper plumbing, newer sewer lines, new double paned vinyl windows, new front doors , new hardware , new paint inside and out. decks have been redone and hand rails have been replaced . All of the units but 3 have had complete interior renovations including upgraded electrical panels, laminate floors, granite counter tops and hard wired smoke detectors and ceiling fans . . All the units come with stoves and refrigerators. All the work was done while maintaining their long term tenant base . There are individual laundry rooms on all three floors.(owned by the seller) Each unit has their own off street parking spot. All long term tenants. On site manager has been there for 25 years. Rents have always been below market rates Call listing agent for details. NO DEFERRED MAINTANANCE. NO CAPITAL IMPROVEMENTS TO BE DONE STILL HAS UPSIDE See Supplements for tenancy list (long term tenants) 16925 Prairie Avenue Torrance 10626

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  • Price$5,200,000
  • Sq. Ft.10,626
  • Acres0.35
  • Built1964

16925 Prairie Avenue, Torrance

Clean turn key 27 unit building in the city of Torrance with no deferred maintenance with NO RENT CONTROL*** New roof, new copper plumbing, newer sewer lines, new double paned vinyl windows, new front doors , new hardware , new paint inside and out. decks have been redone and hand rails have been replaced . All of the units but 3 have had complete interior renovations including upgraded electrical panels, laminate floors, granite counter tops and hard wired smoke detectors and ceiling fans . . All the units come with stoves and refrigerators. All the work was done while maintaining their long term tenant base . There are individual laundry rooms on all three floors.(owned by the seller) Each unit has their own off street parking spot. All long term tenants. On site manager has been there for 25 years. Rents have always been below market rates Call listing agent for details. NO DEFERRED MAINTANANCE. NO CAPITAL IMPROVEMENTS TO BE DONE STILL HAS UPSIDE See Supplements for tenancy list (long term tenants)

Essential Information

  • MLS® #SB17038133
  • Price$5,200,000
  • HOA Fees$0
  • Additional HOA Fees$0
  • Square Footage10,626
  • Acres0.35
  • Year Built1964
  • TypeResidential Income
  • StatusActive

Amenities

  • Parking Spaces27

Exterior

  • Lot DescriptionLot 10000-19999 Sqft
  • WindowsDouble Pane Windows
  • RoofComposition
  • FoundationConcrete Slab, See Remarks

Listing Details

  • Listing AgentMike Baker(00934330)
  • Listing OfficeRe/max Estate Properties

Community Information

  • Address16925 Prairie Avenue
  • AreaNorth Torrance West (132)
  • CityTorrance
  • CountyLos Angeles
  • StateCA
  • Zip Code90504

Interior

  • AppliancesGas Range
  • HeatingNatural Gas, Wall Heater
  • CoolingNone
  • # of Stories3
  • StoriesThree Or More Levels

Additional Information

  • Date ListedMarch 10th, 2017
  • Days on Market162
  • ZoningTOCC-GEN
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Based on information from California Regional Multiple Listing Service, Inc. as of August 19th, 2017 at 7:10pm PDT. 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.