2022 Cabrillo Ave - Multi-Family FOR SALE


Torrance, CA 90501- Olde Torrance Neighborhood
$1,087,000 USD
213-864-2862
2022 Cabrillo Ave, Torrance, CA for Sale
$1,087,000 USD
Multi-Family - FOR SALE
1/4
null | 5% Cap Rate

2022 Cabrillo Ave
Torrance, CA 90501
Olde Torrance Neighborhood


OVERVIEW

• Prime Torrance location (no local rent control – subject only to AB 1482) • Unit mix: (2) 2BD / 1BA + (1) 1BD / 1BA • Large central courtyard with ADU potential (buyer to verify) • On-site parking: three garages + driveway • Value-add through rent increases and RUBS • Additional upside via ADU development • Strong demographics with ~$102K average household income (1-mile radius)

FOR SALE DETAILS

PRICE

$1,087,000 USD

PRICE/SF

$546 USD /SF

# OF UNITS

3

PRICE/UNIT

$362,333

CAP RATE

5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,901 SF

ZONING

-

APN/PARCEL ID

7357-022-018

ASK ABOUT THIS PROPERTY

Pat SwansonStream Realty Partners, LPMore Info
213-864-2862

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Pat SwansonStream Realty Partners, LPMore Info
213-864-2862

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.