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1650 W 209th Street, Torrance, CA

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1650 W 209th Street

Torrance, CA 90501-1938 - Harbor MF Submarket

Property Type:Multi-Family Number of Units:6 Status:Existing Year Built:1964
Stories:2 Building Size:4,488 SF Land Area:.17 AC (7,405 SF)
For Sale Price:$1,200,000 Price/Unit:$200,000.00 Cap Rate:6.15 % GRM:-


Sale Notes:
Excellent Investment Property consisting of 6 - 2 Bedroom 1 Bath Units. The property is in great condition. It is freshly painted and just received a major plumbing upgrade, including copper plumbing. It also has a newer roof. It has separate laundry room on site that generates income. The units are separately metered for gas and electric. Ideal location close to freeways and downtown Torrance. the property was built in 1964 and is subject to rent control. Showing is subject to accepted offer. Property is subject to soft retrofit requirement from city of Torrance for tucked under parking ($40,000 estimate)

Park Avenue Capital
Mario Padilla
(562) 556-0697

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