Torrance CA Multi Family for Sale
$18,000,000
24065 Ocean Avenue Torrance, CA 90505
- Type:
- Apartment
- Sq.Ft.:
- 48,156
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.27 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- SB24247906
ADDITIONAL INFORMATION
**Rare Opportunity: Prime Multi-Family Investment Property in Torrance!** For the first time in nearly 40 years, "Ocean House," a meticulously maintained 54-unit property, is available in Torrance’s most desirable neighborhood. This property offers exceptional amenities, including a solar-heated swimming pool surrounded by lush landscaping, serene interior gardens, and updated on-site laundry facilities, delivering both comfort and convenience for residents. The thoughtfully designed unit mix features one-bedroom units and two-bedroom units, catering to a wide range of renters and budgets. Located in South Torrance, Ocean House offers proximity to pristine beaches, shopping, dining, parks, top-rated schools, and major transportation routes, combining the convenience of urban living with the tranquility of a suburban setting. The property has been meticulously maintained, with a new roof installed in May 2023, reflecting its excellent upkeep and attention to detail. **Disclaimer:** The information provided is subject to change.
$2,390,000
Newton Street Street Torrance, CA 90505
- Type:
- Single Family
- Sq.Ft.:
- 2,963
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- SB24201213
ADDITIONAL INFORMATION
Welcome to 3908 & 3910 Newton Street, a pair of meticulously custom designed luxury residences in the heart of South Torrance. These Hollywood Riviera homes exemplify sophisticated living with cutting-edge technology, superior craftsmanship, and exquisite designer finishes. Architectural Excellence, The exterior boasts a stunning Indiana limestone facade and wall caps, finished with fiber cement fireproof siding, ensuring both beauty and safety. The homes feature dual zoned HVAC and are crowned with presidential roof shingles, adding to the durability and elegance. Enter through the grand steel construction front door and be greeted by the finest materials and finishes. Elegant Interiors Inside, you’ll find custom European white oak hardwood floors and kitchen cabinets throughout, accented with polished brass fixtures, which play off the golden highlights of the imported Brazilian Quartzite kitchen countertops throughout the homes. Lavish Amenities, Indulge in the three primary rooms en-suite spa-like experience designer bathrooms, featuring deep soak 8-jet Jacuzzi tubs with built-in heaters. Unmatched Smart Home Features, Step into a world of convenience with smart hub integration powered by Amazon Echo. Control your home effortlessly with voice commands and enjoy immersive audio throughout with a Bluetooth-enabled wireless sound system, featuring a 10-speaker configuration, including ceiling and outdoor speakers. Every room is pre-wired with Cat 6 high-speed internet. The Outdoor Spaces, are accessed by the 18 ft wide bi-fold sliders that seamlessly blend indoor and outdoor living, with a 20 ft built-in water feature, a fully equipped outdoor kitchen with gas BBQ, and pathway lighting that illuminates the beautifully landscaped surroundings and highlights the architectural beauty. Dual Living Arrangement, These properties offer the unique benefit of being two homes in one. The second level ADU features a two Bed, two Bath, bright high ceiling mother-in-law quarters/casita with its own address, kitchen, and laundry facilities, ideal for extended family, rental income or guests. Parking is effortless, Single (1) attached Garage Space with parking for Six (6) TOTAL, including designated ADU tandem car stall. Located in prized Torrance Unified School District, in close proximity of local freeways, parks, grocery, dining and accredited schools.
Torrance Real Estate
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 90505 has a population of 147,156. Torrance 90505 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 90505 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 90505 is 42.2 years.
Torrance Weather
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.