$1,850,000
For Sale

23836 Ocean Avenue

Torrance, CA 90505
Courtesy of RE/MAX Estate Properties
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Description

A great opportunity for an astute investor. This offering consists of a front house and three income-producing units in the back. The front house has 3 bedrooms/2 baths The three rear units are composed as follows: two units of 2 bedrooms/ 1 bath; one unit of 2 bedrooms/ 2 baths. All of the units are large. The building is 4,410 sq. ft and sits on 6,083 sq. ft of land. The structure was built 1964. All units are rented and there is plenty of upside potential in rents. A superb investment opportunity to own a quadruplex in a great location in Torrance.The subject property has easy access to Pacific Coast Highway and Hawthorne Blvd. It is situated in a great location - very close to the Lago Seco Park, Walteria Lake, retail strips and shops, restaurants, and other amenities.
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  • Property Details
    • Property
      • Lot description:Item01UnitAcre
    • Measurements
      • Acres:0.1391
    • Parking
      • Garage spaces:4
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:1964
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 850, 000
      • Selling Office Commission:2.500
  • Other
    • Source
      • MLS #:SB22133798

Location

JB Real Estate & Investment Inc.Real Estate Group
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