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This prime fourplex investment opportunity in the heart of Torrance offers an exceptional chance for both seasoned and first-time investors. Located in the desirable West Torrance neighborhood, this well-maintained property is surrounded by top-rated schools, parks, shopping centers, and dining options, making it an attractive option for tenants.The fourplex comprises four spacious units with a total of 4,271 square feet of living space. The units include a 3 bed, 2 bath; a 2 bed, 2 bath; a 2 bed, 1 bath; and a 1 bed, 1 bath, providing comfortable living spaces ideal for families, professionals, and individuals alike. The property sits on a generous 6,500 square foot lot, featuring a well-kept front yard and a private backyard area perfect for relaxation and outdoor activities. Each unit comes with assigned parking in attached garages. The 3-bedroom unit gets 2 spaces, while the other units each get 1 space, ensuring convenience and security for all residents.Two of the units have been fully remodeled, and the roof on the back building was just replaced last week, showcasing the meticulous care provided by the current owner. On-site laundry facilities add to the convenience and appeal of the property.Situated in a quiet, family-friendly neighborhood with easy access to major highways, public transportation, and the beautiful South Bay beaches, this property is ideally located. It is also zoned for the highly regarded Torrance Unified School District, known for its excellent educational opportunities. With stable rental income and high demand for rental properties in the area, this fourplex presents a solid income-generating investment.Whether you’re looking to expand your investment portfolio or secure a property with great rental potential, this fourplex is a fantastic choice. Experience the best of Torrance living with this versatile and profitable property. Schedule your private tour today and envision the possibilities this investment has to offer.
| DAYS ON MARKET | 33 | LAST UPDATED | 8/26/2024 |
|---|---|---|---|
| YEAR BUILT | 1963 | COMMUNITY | West Torrance |
| GARAGE SPACES | 5.0 | COUNTY | Los Angeles |
| STATUS | Sold | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | West Torrance |
| GARAGE | Assigned, Garage, Yes |
| HEAT | Central |
| HOA DUES | 0 |
| LOT | 6303 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| PARKING | Assigned,Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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