2983 W 235th Street, Torrance, CA 90505

$2,080,000
List Price
$2,080,000
Status
ACTIVE
MLS#
SB21093302
Year Built
1964
Lot Size
6,378
Acres
0.15
Lot Location
Item25UnitsAcre
Days on Market
2
Property Type
Multifamily

Property Description

Fourplex located in a prime area of South Torrance and within walking distance of the highly rated Hickory Elementary School. Investment property has four all-electric units equipped with their own parking space inside garage area as well as radiant heating system in the ceiling. The building has two-lower units having their own enclosed patio areas. Front unit has laundry hooks, fireplace and large master bedroom. The property has laundry facilities and garage door openers. All units are leased on a month-to-month tenancy. VALUE PROPOSITION: After the acquisition of this real estate asset, its investment value will be increased by raising the unit's rental rates.

Additional Information

Appliances
Electric Cooktop, Electric Oven, Electric Water Heater
Pool Description
None
Heat
Electric
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Number Of Units Total
4
Gross Scheduled Income
$94,080
Operating Expense
38600

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Edgard Asensio from Asensio Property Management Inc

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.