3728 Redondo Beach Blvd - Apartments FOR SALE


Torrance, CA 90504
$1,395,000 USD
310-995-8774
3728 Redondo Beach Blvd, Torrance, CA for Sale
$1,395,000 USD
Apartments - FOR SALE
1/25
null | 3.96% Cap Rate

3728 Redondo Beach Blvd
Torrance, CA 90504


HIGHLIGHTS

  • Prime North Torrance Location
  • Huge Upside in Rents
  • Private Patio and/or Outdoor Space for each Unit
  • 4 Garage Spaces
  • No Local Rent Control - Defaults to AB 1482

OVERVIEW

Prime investment opportunity in a highly sought-after North Torrance location across the street from Alondra Park and close to El Camino College with strong neighboring employment in the area. This tenant occupied fourplex features a unit mix of (Four) 2-Bedroom/1 Bathroom units with no local rent control - defaults to AB1482. Each unit offers a cozy dining area, functional kitchen complete with electric stoves and private outdoor space with a patio or balcony. Additional amenities include on-site Laundry which generates additional annual income and one enclosed garage parking space per unit with rear access, plus ample street parking on Redondo Beach Blvd. A true unique offering with ample upside in one of the most desirable enclaves in the South Bay.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$397 USD /SF

# OF UNITS

4

PRICE/UNIT

$348,750

CAP RATE

3.96%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,928 SF

ZONING

TORR-MH

APN/PARCEL ID

4087-002-010

ASK ABOUT THIS PROPERTY

Michael GradyThe AgencyMore Info
310-995-8774

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Michael GradyThe AgencyMore Info
310-995-8774

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