$2,250,000
For Sale

23802 Ocean Avenue

Torrance, CA 90505
Courtesy of Shield CRE, Inc.
Browse all 15 photos

Description

Highly Desirable South Torrance Location - West of Hawthorne Boulevard | Approximately 2 Miles from the Beach, Riviera Village & Palos Verdes | Great Unit Mix of 2-Bedroom & 3-Bedroom Units | No Local Rent Control - Defaults to AB 1482 | 4,926-Square Feet of Living Space on Large 7,330-Square Foot Corner Lot | Front 3-Bedroom Unit with New Counters, New Bathroom Fixtures, New Electrical Panel, New AC/Heat with Washer/Dryer Hook-Ups & Large Private Patio | Unit #2 Contains Remodeled Kitchen, New Floors & Re-Done Stairs | Unit #4 Contains New Counters, Sink, Backsplash,Re-Done Deck & New Hot Water Heater (2022) | All-Electric Building with Newer Roof (2015), Water-Efficient Landscaping and All New Exterior Concrete, Patio Fences, Gutters & Downspouts | On-Site Laundry Facility & Total of 4 Garage Spaces | Close Proximity to Rolling Hills Plaza, Del Amo Fashion Center & Torrance Crossroads Shopping Center | 3.56% Current CAP Rate & 18.47 Current GRM | Approximately 20% in Rental Upside - 4.59% Pro-Forma CAP Rate & 15.43 Pro-Forma GRM | Qualifies for Residential Financing | Perfect Owner User Opportunity
read more

  • Property Details
    • Property
      • Stories:2
    • Measurements
      • Acres:0.1683
    • Parking
      • Garage spaces:4
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:1964
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 250, 000
      • Selling Office Commission:2.000
  • Other
    • Source
      • MLS #:22176487

Location

JB Real Estate & Investment Inc.Real Estate Group
  • Request Info
  • Schedule Showing

Interested in Purchasing 23802 Ocean Avenue?

Get an estimate on monthly payments on this property.

Note: The results shown are estimates only and do not necessarily include accurate taxes or homeowner's insurance!

$100
Monthly Payment