4146 Redondo Beach Blvd is a triplex located in northwest Torrance that has been proactively and meticulously maintained. With only 45% of residents being homeowners in this neighborhood located conveniently near the beach and the 405, 91, 105 and 110 Freeways, strong rental demand is ensured. Built in 1953, the 2,264 square foot building sits on a 5,364 square foot lot and is comprised of (2) 2 bed/1 bath and (1) 1 bed/1 bath plus patio unit that was converted into a 2-bedroom unit prior to current ownership. Two of the three units have undergone substantial interior renovations. Each unit is equipped with washer hookups and has a dedicated one-car garage, both highly sought after amenities by today's renter. Additionally, each ground floor unit has its own private outdoor patio. Some recent upgrades include: *2013 - updated electrical 2016 - ABS sewer line, exterior paint, Unit A remodel, Unit B fence *2018 - new staircase, termite tent, roof replacement over Unit A *2021 - drought resistant landscaping, Unit C remodel *2024 - new water heater for Unit A. Conveniently located just three miles from the Pacific Ocean and less than a mile from the 405 freeway, tenants enjoy the convenience to both work and play. El Camino College is right around the corner, with a total enrollment of over 24,000 students. The property is also in close proximity to numerous restaurants, shops, and entertainment.
5 Unit apartment building centrally located in the city of Torrance with shopping and freeway access on Artesia Blvd. The property comprise of 3 Bedrooms and 1 Bedroom units, professionally managed with strong consistent income in place. Recently painted and had various upgrades throughout ownership. Property does not fall under any city rent control.
Amazing opportunity for investment, extended or generational family or live in one and get rent to assist from the other. The property is comprised of two homes, the front home is an original "Story book" home built throughout this area in the 1950's, although not in it's original state, it has been remodeled over the years. This home is approximately 1,400 sf and has a lovely living room with a fireplace, open kitchen with granite counter tops and ample wood cabinets, breakfast bar that opens to a large, bright dining room. There are 4 bedrooms and 2 baths, 2 bedrooms downstairs (one currently used as an office) and share a full bath - these rooms are easily closed off to create an almost giant primary suite. There are 2 bedrooms upstairs with an additional 3/4 bath. There is an outdoor area with laundry hook ups sheltered by an overhang off the kitchen. This house has dual paned windows, copper & ABS plumbing. Hardwood, laminate, and tile floors through out the house. There is a back house, an ADU with approximately 1,250 sf. This was said to be a permitted room, when the owner purchased on the side and above the then garage. The current owner had the space transformed, with permits - but not fully approved, there are a total of 3 bedrooms and 2 baths. There is 1 bedroom and 1
Extremely well managed 4 unit property. Great location.
Price reduced by $150,000! Luca is proud to present this 29-unit investment opportunity in Torrance. The property is situated in an outstanding Torrance location and is NOT subject to LA Rent Control and instead falls under AB-1482. The asset has a unit mix of (2) 2-bedroom/1-bathroom units, (3) 1-bedroom/1-bathroom units, (15) studio/1-bathroom units and (9) bachelor/1-bathroom units. The property is situated on two separate, adjacent parcels - each lot with its own assessor parcel number (APN). The offering is priced at only $193,103 per unit. The property features a total of 12,952-SF of living area and is situated on a large 19,824-SF corner lot.The asset is being offered at a 5.69% current cap rate and 11.67 current GRM with upside to a 7.97% pro-forma cap rate. Each unit has individual hot water heaters and both buildings are all electric. 16924 Crenshaw has a newer roof. Furthermore, there is a courtyard area with a pool, 29 parking spaces, and an on-site laundry facility with two washers and two dryers.
Price reduced by $150,000! Luca is proud to present this 29-unit investment opportunity in Torrance. The property is situated in an outstanding Torrance location and is NOT subject to LA Rent Control and instead falls under AB-1482. The asset has a unit mix of (2) 2-bedroom/1-bathroom units, (3) 1-bedroom/1-bathroom units, (15) studio/1-bathroom units and (9) bachelor/1-bathroom units. The property is situated on two separate, adjacent parcels - each lot with its own assessor parcel number (APN). The offering is priced at only $193,103 per unit. The property features a total of 12,952-SF of living area and is situated on a large 19,824-SF corner lot.The asset is being offered at a 5.69% current cap rate and 11.67 current GRM with upside to a 7.97% pro-forma cap rate. Each unit has individual hot water heaters and both buildings are all electric. 16924 Crenshaw has a newer roof. Furthermore, there is a courtyard area with a pool, 29 parking spaces, and an on-site laundry facility with two washers and two dryers.
We are pleased to present this turnkey 7-unit apartment community located in the heart of North Torrance. This asset includes six (6) 1-Bed/1-Bath units and one (1) 3-bed/ 2-bath unit. The entire property has been professionally designed, upgraded and permitted, including complete replacements of the electrical, plumbing and sewer systems, HVAC, kitchens & bathrooms, windows, tile, etc. Front unit enjoys a large fenced in yard with a beautiful lawn and new patio, and the 3-bedroom includes washer-dryer as well (other units share a laundry room = extra income!). All units are occupied by well-qualified, long-term tenants. 4 on-site parking spaces and plenty of street parking. NO LOCAL RENT CONTROL - subject only to AB 1482.
Great opportunity to own a duplex property in North Torrance! The subject property is conveniently located in North Torrance where the rent demand remains always strong! The front unit (1,228sf) is totally remodeled and upgraded from Floor to Ceiling. It has spacious 3 bedrooms / 2 bathrooms / 2-car attached garage and the tenant is currently paying $3,700.00 per month. Another Unit is private back house which has spacious 4 bedrooms and 2 1/2 bathrooms. It is in a great condition with beautiful hardwood floors, big living room with fireplace, tiled counter tops in the kitchen, separate formal dining area, and family room. The gorgeous master bedroom with balcony, and master bath with jetted tub and dual sinks. small patio, side yard, attached two car garage with lots of storage. The tenant is currently paying $3,650.00 but it should be get $4,700 per month at least. ***Property Highlights: *Close to Columbia Park, one of the largest recreational parks in South Bay. * Close to Manhattan & Redondo Beach. *20 minutes to Los Angeles International Airport. *Great school district. *Walking distance to middle school and high school. *Close proximity to Del Amo Shopping Center and many other retail shopping centers. *Close to 405 & 110 & 91 Fwy
Great opportunity to own a duplex property in North Torrance! The subject property is conveniently located in North Torrance where the rent demand remains always strong! The front unit (1,228sf) is totally remodeled and upgraded from Floor to Ceiling. It has spacious 3 bedrooms / 2 bathrooms / 2-car attached garage and the tenant is currently paying $3,700.00 per month. Another Unit is private back house which has spacious 4 bedrooms and 2 1/2 bathrooms. It is in a great condition with beautiful hardwood floors, big living room with fireplace, tiled counter tops in the kitchen, separate formal dining area, and family room. The gorgeous master bedroom with balcony, and master bath with jetted tub and dual sinks. small patio, side yard, attached two car garage with lots of storage. The tenant is currently paying $3,650.00 but it should be get $4,700 per month at least. ***Property Highlights: *Close to Columbia Park, one of the largest recreational parks in South Bay. * Close to Manhattan & Redondo Beach. *20 minutes to Los Angeles International Airport. *Great school district. *Walking distance to middle school and high school. *Close proximity to Del Amo Shopping Center and many other retail shopping centers. *Close to 405 & 110 & 91 Fwy
Beautifully maintained 4-unit building in West Torrance. All units are 2 bedroom with 1 bathroom. Two of the units are located on the ground floor with private patios. Two additional units located upstairs with private balconies. All units have their own gas meter and electric meter. Shared water meter. Two 2-car garage spaces. Located across the street from the Alondra Park Golf Course. Short drive to the 405 and close to public transit.
Beautifully maintained 4-unit building in West Torrance. All units are 2 bedroom with 1 bathroom. Two of the units are located on the ground floor with private patios. Two additional units located upstairs with private balconies. All units have their own gas meter and electric meter. Shared water meter. Two 2-car garage spaces. Shared Laundry Room. Located across the street from the Alondra Park Golf Course. Short drive to the 405 and close to public transit.
The median home value in Torrance, CA is $1,038,700. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Torrance, CA is $1,038,700. Approximately 51.47% of Torrance homes are owned, compared to 41.84% rented, while 6.69% are vacant. Torrance real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Torrance real estate agent to arrange a tour today!
Torrance, California 90504 has a population of 147,156. Torrance 90504 is more family-centric than the surrounding county with 36.57% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Torrance, California 90504 is $100,215. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Torrance 90504 is 42.2 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 48.1 degrees. The average rainfall is approximately 13.8 inches per year, with 0 inches of snow per year.