16915 Yukon Avenue, Torrance, CA 90504

Property Description

Attractive assumable financing, subject to lender approval, available w/ Chase Bank at a 3.97% interest rate, interest only until March 2027 & fixed rate until March 2029! 16195 Yukon Ave is a turnkey 8-Unit situated in a prime pocket of NW Torrance w/ over 10% rental upside. The property boasts (8) 2-bed/1-bath units, 7 carport spots, and 1 garage space. (4) of the units are equipped with spacious private patios and (1) unit in the back features an upstairs balcony. The 7,224 SF building sits on a 10,001 SF lot priced at $483/SF and $436,875 per unit. Offered at a cap rate of 4.13%, the building is currently generating over $19,000+ per month. The building is newly renovated and recent capital improvements include: New Roof, Windows, Front Doors & Wood Siding, Improved Landscaping, New Exterior Paint & Copper Plumbing, New Cabinets, Grey Quartz Countertops, Smooth Interior Ceilings, Wood Laminate Flooring, Stainless Steel Appliances, Recessed Lighting, New Bathroom Tile & Interior doors. The property is strategically located in a great pocket of Northwest Torrance – in close proximity to Alondra Park Golf Course, El Camino College, and the South Bay Galleria. With its sizable living space, desirable location, and impressive income, this property is a great opportunity for any investor looking for a cash-flowing prize asset.