3937 W 178th St, Torrance, CA 90504

$1,725,000
12
BD
7
BA
4,391
SqFt
Sold Price
$1,725,000
List Price
$1,950,000
Closing Date
Aug 01, 2022
MLS#
22-169895
Status
SOLD
Type
Multifamily
Bedrooms
12
Bathrooms
7
Living Area
4,391

Property Description

Outstanding Northwest Torrance Location West of 405 Freeway | Great Unit Mix of All 3-Bedroom Units | Significant Value-Add Potential - Approximately 74% in Rental Upside | 6.51% Pro-Forma Cap Rate & 11.69 Pro-Forma GRM | No Local Rent Control Defaults to AB 1482 | Full Copper Plumbing, Upgraded Units, 4 Garages & On-Site Laundry Facility with New Washer/Dryer Machines | Individual Tankless Hot Water Heaters for Each Unit (2017) | 4,391-Square Feet of Living Space on a 6,001-Square Foot Lot | Located 3 Blocks of South Bay Galleria & 3.5 Miles from the Beach & Hermosa Beach Pier | Building Treated for Termites & Painted (2017) | Qualifies for Residential Financing | Perfect Owner User Opportunity

Additional Information

Year Built
1964
Garage
Garage

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Shield CRE, Inc., Jonathan Nikfarjam. Selling Office: .

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