20414 Kenwood Ave - Apartments FOR SALE


Torrance, CA 90502
$1,450,000 USD
310-406-9110
20414 Kenwood Ave, Torrance, CA for Sale
$1,450,000 USD
Apartments - FOR SALE
1/36
null | Request Cap Rate

20414 Kenwood Ave
Torrance, CA 90502


HIGHLIGHTS

  • Five Units across Three Detached Bungalow Style Buildings plus Vacant Land and estimated 50% Upside in Current Rents
  • Corner Lot zoned LCR2 with alley access and ±3,000 SF of vacant land suitable for +/- (6) ADU's
  • 8% Pro-forma Cap Rate After ADU Development
  • Located in South Bay, Unincorporated Los Angeles County, with a Torrance mailing address
  • Close to Old Town Torrance, Del Amo Fashion Center, restaurants, shops, and services; just minutes from Redondo, Hermosa, and Manhattan Beaches

OVERVIEW

20414 Kenwood Ave is a five-unit multifamily property located in unincorporated Los Angeles County, carrying a Torrance address. Built in 1925, the property features one detached two-bedroom, one-bath bungalow and two additional detached bungalow-style buildings, each with two units (three studios and one one-bedroom, one-bath), totaling 1,889 square feet of living space. The buildings sit on a 7,542-square-foot corner lot zoned LCR2*, with approximately 3,000 square feet of vacant land at the rear and alley access. This open space is ideally suited for the addition of up to five ADUs plus one attached, Junior ADU. The rear lot is currently improved with a 25x10x10 storage container and two concrete pads, with utilities already stubbed to the site. Strategically located in the South Bay—an area experiencing rapid growth and redevelopment—this property presents a rare opportunity for investors, developers, or owner-users to unlock significant value. With multiple paths for expansion and income growth, it offers both immediate utility and long-term upside.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$768 USD /SF

# OF UNITS

5

PRICE/UNIT

$290,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

LCR2

APN/PARCEL ID

7350-013-035

ASK ABOUT THIS PROPERTY

Tim SteuernolNAI CapitalMore Info
310-406-9110

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Tim SteuernolNAI CapitalMore Info
310-406-9110

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