$1,795,000
For Sale

1218 Portola Avenue

Torrance, CA 90501
Courtesy of Re/Max Estate Properties
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Description

Pride of Ownership ! (3) 3 Bedroom 2.5 bath townhomes with ( 3 ) 2 car garages and laundry hookups + 1 parking space off alley. Beautiful Building, Large Units : 4232 Sqft. building. Balconies, built in appliances, + separate electric and gas meters. Street to Alley lot. Current monthly rent $7,525 with upside ! Trustee believes the property made have been built to condominium specification at time of construction. Check with City of Torrance to see if condo conversion is possible. Conveniently located near Old Torrance restaurants, Shops, and breweries. With current construction costs,this is a true value. * Please do not disturb or talk to the current tenants. Some Expenses estimated. Realist Tax notes 9 Bedrooms, 2 of the units are set up as 2 Bedrooms + a Bonus Room.
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  • Property Details
    • Property
      • View:None
      • Stories:1
      • Lot description:Lawn
    • Measurements
      • Acres:0.1048
    • Parking
      • Garage spaces:6
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:1987
  • Utilities / Energy Details
    • Utility
      • Sewer information:Unknown
      • Utility source:SeeRemarks
      • Utility features:ElectricityConnected, NaturalGasAvailable
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original list_price:$1, 795, 000
      • Selling office_commission:2.500
  • Other
    • Source
      • MLS #:SB22054778

Location

JB Real Estate & Investment Inc.Real Estate Group
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