$3,100,000 Price Analysis   ♡   Torrance, CA 90501 20 bed 18 bath 7,871 SqFt ($393/SqFt) 7,003SqFt lot. Built 2023 Listed 2024-06-03, Taxes $1,116 | Ⓧ USDA Ineligible due to price & location near Torrance |
Welcome to your next luxury
New construction, investment opportunity. Located in a desirable neighborhood. Only 45 days from completon, this property offers a total of 5 vast units, thoughtfully designed to provide modern comfort and style.Four expansive units, each featuring four bedrooms and four bathrooms. One large Accessory Dwelling Unit (ADU) featuring four bedrooms and two bathrooms, with one ADA-compliant bath for added accessibility.Interior Features:Gourmet kitchens with sleek quartz countertops, perfect for both everyday cooking and entertaining.Energy-efficient windows and recessed lighting throughout, ensuring a bright and inviting atmosphere while keeping utility costs low for tenants.Private laundry rooms in each unit, adding convenience and functionality for tenants.Building Amenities:Eco-friendly living with a fully paid-off solar system, promoting sustainability and reducing energy expenses.Ample parking options, including two garages at the rear building with tandem parking for four vehicles, plus additional parking on both sides of the building, accommodating up to four more vehicles.Balc onies for each main unit, providing outdoor space for relaxation and enjoyment.
Drought-tolerant landscaping, offering a attractive and low-maintenance outdoor environment. Additional Highlights:Modern touches throughout the building, creating a contemporary and stylish living experience.Tenants are responsible for 100% of their utilities, streamlining management and enhancing investment returns. No rent control, offering flexibility and potential for significant rental income. Don't miss out on this exceptional investment property, blending luxury, convenience and modern amenities in a prime location.
Presented by Amy Weber at
Beverly and Company, Inc.
Property MLS #P1-17889 from CRMLS
Quartz Counters
Window Features: Double Pane Windows
Appliances YN: Yes
Laundry Features: In Closet
Heating Features: Central
Heating: Yes
Lot Size Source: Seller
Lot Size Square Feet: 7003
Parking Features: Parking YN: Yes, Parking Features: Tandem Garage, Driveway - Combination
Parking Total: 8
Calculated Total Monthly Association Fees: 0
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Bedrooms in Unit-3: 4
Bedrooms in Unit-4: 4
Bedrooms in Unit-5: 4
Total Bathrooms in Unit-1: 4
Total Bathrooms in Unit-2: 4
Total Bathrooms in Unit-3: 4
Total Bathrooms in Unit-4: 4
Total Bathrooms in Unit-5: 2
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
County: Los Angeles
Cap Rate: 6.57
Source Property Type: Residential Income
Insurance Expense: 3500.00
Area: 122 - Harbor Gateway
Source Neighborhood: 122 - Harbor Gateway
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 5
Parcel Number: 7351013014
Zoning: RD 1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $20,527 + $40,406 $60,933 | $1,116 |
| 2021 | $20,125 + $39,614 $59,739 | $1,095 |
| 2020 | $19,919 + $39,208 $59,127 | $1,098 |
| 2019 | $19,529 + $38,440 $57,969 | $1,067 |
| 2018 | $19,147 + $37,687 $56,834 | $961 |
| 2017 | $18,772 + $36,949 $55,721 | $938 |
| 2016 | $18,404 + $36,225 $54,629 | $905 |
| 2015 | $18,128 + $35,681 $53,809 | $890 |
| 2014 | $17,773 + $34,983 $52,756 | $896 |
| 2013 | $17,693 + $34,825 $52,518 | $891 |
| 2012 | $17,347 + $34,143 $51,490 | $896 |
| 2010 | $17,007 + $33,474 $50,481 | $882 |
| 2009 | $16,921 + $33,303 $50,224 | $847 |
| 2009 | $16,880 + $33,224 $50,104 | $847 |
| 2008 | $16,590 + $32,650 $49,240 | $813 |
| 2007 | $16,265 + $32,010 $48,275 | $778 |
$3,100,000
CRMLS
Listed 2024-06-03
$3,200,000
CRMLS
Sold 2022-06-17
$660,000
Public Record
Year Built: 2023
Building Features: 2
Common Walls: 2+ Common Walls
Construction Materials: Stucco
New Construction: Yes
Property Age: 1
Property Attached: Yes
Levels or Stories: Three Or More
Building Total Stories: 3
Structure Type: Apartment
House Style: Modern
Year Built Source: Seller
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.