3723 Artesia Blvd - Apartments FOR SALE


Torrance, CA 90504
$2,200,000 USD
310-294-2134
3723 Artesia Blvd, Torrance, CA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/18
null | 5.56% Cap Rate

3723 Artesia Blvd
Torrance, CA 90504


HIGHLIGHTS

  • Prime location
  • Award winning school district
  • Strong consistent rental income

OVERVIEW

Prime 5-Unit Apartment Building in North Torrance – High Yield Investment Opportunity Introducing a rare multi-family investment opportunity in the heart of North Torrance. This well-maintained 5-unit apartment building features a desirable unit mix of (3) spacious 3-bedroom/2-bath units and (2) 1-bedroom/1-bath units, totaling 4,963 sq ft of living space on a 6,258 sq ft lot. Currently generating over $12,000 in consistent monthly rental income, this property offers a strong 5.55% CAP rate with significant upside potential. Located within the Torrance Unified School District, this asset is highly attractive to long-term tenants and families. Enjoy excellent accessibility with nearby shopping centers, dining options, and major freeway connections, making this a centrally located and appreciating investment in a high-demand rental market. Don't miss this opportunity to own a cash-flowing asset in one of the South Bay's most stable and sought-after neighborhoods.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$446 USD /SF

# OF UNITS

5

PRICE/UNIT

$440,000

CAP RATE

5.56%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,299 SF

ZONING

R3

APN/PARCEL ID

4087-015-027

ASK ABOUT THIS PROPERTY

Ray LauKeller Williams RealtyMore Info
310-294-2134

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Ray LauKeller Williams RealtyMore Info
310-294-2134

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