$1,300,000
$1,230,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
8,799 Sqft Lot
SOLD DATE : 07/03/2024
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24116095
Sold Date 07/03/24
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1954
Lot Size 8,799 Sqft
Lot Dimensions Public Records
Property Description
Rare and incredible opportunity to own a multi-family property in the heart of Torrance! This property consists of a 2 bed, 1 bath Single Family home (~1200sf) + a Duplex with (2) 1 bed, 1 bath units (~550sf each) making it perfect for a savvy investor, or owner occupant who can benefit from rental income.
The well-loved Single Family home features an open kitchen/dining layout and a large family room with a fireplace. It was remodeled in 2021 with a stunning new kitchen, new bathroom, new electrical, flooring and light fixtures. One of the duplex units was also completely remodeled in 2021, making it ready to rent out for top dollar, or host extended family or friends. Additional upgrades over the years include exterior windows, fencing, paint & stucco, sewer line, plumbing and instant hot water heater. The expansive 8800sf lot offers privacy between the front and back units, and potentially room to add an additional unit. It also has alley access at the rear and an RV pad.
This hidden gem is located on a quiet cul-de-sac in a fantastic neighborhood situated between Charles Wilson Park and Torrance Park, and right behind Torrance Elementary. It’s walking distance to Downtown Torrance, in close proximity to the Del Amo mall, many restaurants, and the 405 and 110 freeways.
Location
State CA
County Los Angeles
Area 134 - Old Torrance
Zoning TORR-MD
Interior
Interior Features Beamed Ceilings, Open Floorplan, Quartz Counters, All Bedrooms Down, Bedroom on Main Level, Instant Hot Water, Main Level Primary
Heating Wall Furnace
Cooling None
Flooring Tile, Wood
Fireplaces Type Family Room, Gas, Wood Burning
Fireplace Yes
Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer
Laundry In Garage, Outside
Exterior
Exterior Feature Lighting, Rain Gutters
Garage Attached Carport, Concrete, Carport, Driveway Level, Driveway, RV Access/Parking
Garage Spaces 2.0
Carport Spaces 1
Garage Description 2.0
Fence Wood
Pool None
Community Features Street Lights, Suburban, Sidewalks, Park
Roof Type Shingle
Parking Type Attached Carport, Concrete, Carport, Driveway Level, Driveway, RV Access/Parking
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Cul-De-Sac, Front Yard, Lawn, Level, Near Park, Paved, Rectangular Lot, Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 7359016005
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Jian Juan Yu • Thousands Realty & Management
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