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$ 1,087,000
Est. payment /mo
Active Under Contract
2022 Cabrillo Torrance, CA 90501
6,899 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID OC26114060
HOA Y/N No
Year Built 1941
Lot Size 6,899 Sqft
Property Sub-Type Apartment
Property Description
Opportunity knocks with this well located Torrance triplex offering no local rent control (subject only to AB 1482). The property consists of (2) 2 Bedroom / 1 Bathroom units and (1) 1 Bedroom / 1 Bathroom unit situated on a large 6,901 square foot lot with three garages, driveway parking, and a large central courtyard offering potential ADU upside (buyer to verify). Located in a strong South Bay rental market supported by approximately $102,000 average household income within a one mile radius, the property offers stable in place income with additional upside through future rent growth, RUBS implementation, and potential ADU development.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Suburban
Utilities Available Sewer Not Available, Water Not Available
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer None
Water None
New Construction No
Others
Senior Community No
Tax ID 7357022018
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Pat Swanson Pat Swanson 213-864-2862, DRE #01382974
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