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23125 Samuel Street Torrance, CA 90505
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Key Details
Sold Price $6,100,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PV25200763
Bedrooms 32
Lot Size 0.552 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
This multifamily property consists of 21 units, perfectly located in a prime area of Torrance. Across the street from Torrance Memorial Hospital, close to Del Amo Mall, and the Torrance Financial District. The property is located in a desirable residential neighborhood, surrounding streets are lined with well-maintained family residences and multifamily properties. The property features one-car garage parking for residents. There is a tremendous value-add opportunity for investors to renovate the property and bring rental rates to market levels. This is a high-demand location. The unit mix consists of 11 two-bedroom units, and 10 one-bedroom units. The pool area was completely redone last year. There is a great office for the on-site manager and a grassy courtyard for play.
Location
State CA
County Los Angeles
Zoning Assessor
Exterior
Pool Below Ground, Community/Common
View Y/N No
Building
Story 2
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with David Barrette Barrette Real Estate Investments, Inc.
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