$7,300,000

This multifamily property consists of 21 units, perfectly located in a prime area of Torrance. Across the street from Torrance Memorial Hospital, close to Del Amo Mall, and the Torrance Financial District. The property is located in a desirable residential neighborhood, surrounding streets are lined with well-maintained family residences and multifamily properties. The property features one-car garage parking for residents. There is a tremendous value-add opportunity for investors to renovate the property and bring rental rates to market levels. This is a high-demand location. The unit mix consists of 11 two-bedroom units, and 10 one-bedroom units. The pool area was completely redone last year. There is a great office for the on-site manager and a grassy courtyard for play. Call Lynn Lord for a showing 310-493-7016.

Amenities

• Bedrooms: 32
• Full Bathrooms: 30
• Partial Bathrooms: 0
• Property Type: Residential Multi Family
• Architectural Style: Modern
• Year Built: 1963
• Built in 1963
• Home size: 20,228 ft² / 1,879.23 m²
• MLS: PV25200763
• Status: Pending

Map