Highly Desirable Old Town Torrance Location | No Local Rent Control Defaults to AB 1482 | Great Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Three) 2-Bedroom/1-Bathroom Units & (Two) 1-Bedroom/1-Bathroom Units | All-Electric BuildingLess Than 4 Miles from the Beach & Redondo Beach Pier | 3.83% Current Cap Rate & 17.23 Current GRM | Approximately 19% in Rental Upside - 4.88% Pro-Forma Cap Rate & 14.52 Pro-Forma GRM | Front House with Newer Vinyl Plank Floors (2021) and Remodeled Kitchen & Bathrooms (2016) | Unit #6 Contains Newer Carpet (2020), Vinyl Plank Floors in Kitchen (2021) & Water Heater (2020) | On-Site Laundry Facility with Newer Washer & Dryer (2021) and Water Heater (2020) | Newer Upper Exterior Deck (2020), Six Garage Parking Spaces & Most Units Re-Piped with Copper Plumbing | Close Proximity to Del Amo Fashion Center, Village Del Amo & South Bay Galleria
Courtesy of Shield CRE, Inc., Jonathan Nikfarjam. Selling Office: .
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