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24408 Park

Torrance, CA 90505
  • $1,695,000
  • STATUS: ACTIVE
  • ON SITE: 12 Days
  • ID#: SB22101658
UPDATED: 63 min ago
$1,695,000
  • 6
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

BEAUTIFUL WALTERIA LOCATION on Park St. FIRST TIME on market in over 40 YEARS. BOTH units have been extremely well maintained and are in excellent condition. FRONT unit feels like a HOME & a great OWNERS unit. REHABBED 2 years go. ONE STORY floor plan w/ huge living room, smooth ceilings, Brick-Wood burning FIREPLACE & some newer windows. Nice size kitchen, gas stove, dishwasher and dining room area. 3 good sized bedrooms & 1 full sized bathroom with newer cabinets. Master bath has a stackable washer/dryer. (This is considered a 1/2 bath- no shower). NEWER FORCED AIR HEATING. Rear unit is a nice two story 3 bedroom 1.5 bathrooms w/ a laundry room. Kitchen has custom cabinetry and many items have been periodically updated throughout the years. Seller states all ABS drains and copper plumbing. ROOF 3 years new. Exterior Stucco color in plaster & wood trim painted one year ago!! Perfect location close to Torrance school district, WALTERIA Elementary School & South High School. Easy drive to LAX or Long Beach. Close to Torrance airport , DEL AMO shopping mall , Restaurants and all of the amenities & lifestyle of the SouthBay. Torrance BEACH 5 miles away . These units feature a 75 foot park-like extremely quiet non-through street. Nice 20 foot Alley to 3 GARAGES plus 3 Parking Spaces in front of the garages. Rents due for a $400/mo raise. $65,600/year, 25.9 X Gross. Potential income raise to $84,000 year, 20 X Gross. Owner will consider carrying a first trust deed with 25% down. Truly nice property. BEAUTIFUL WALTERIA LOCATION on Park St. FIRST TIME on market in over 40 YEARS. BOTH units have been extremely well maintained and are in excellent condition. FRONT unit feels like a HOME & a great OWNERS unit. REHABBED 2 years go. ONE STORY floor plan w/ huge living room, smooth ceilings, Brick-Wood burning FIREPLACE & some newer windows. Nice size kitchen, gas stove, dishwasher and dining room area. 3 good sized bedrooms & 1 full sized bathroom with newer cabinets. Master bath has a stackable washer/dryer. (This is considered a 1/2 bath- no shower). NEWER FORCED AIR HEATING. Rear unit is a nice two story 3 bedroom 1.5 bathrooms w/ a laundry room. Kitchen has custom cabinetry and many items have been periodically updated throughout the years. Seller states all ABS drains and copper plumbing. ROOF 3 years new. Exterior Stucco color in plaster & wood trim painted one year ago!! Perfect location close to Torrance school district, WALTERIA Elementary School & South High School. Easy drive to LAX or Long Beach. Close to Torrance airport , DEL AMO shopping mall , Restaurants and all of the amenities & lifestyle of the SouthBay. Torrance BEACH 5 miles away . These units feature a 75 foot park-like extremely quiet non-through street. Nice 20 foot Alley to 3 GARAGES plus 3 Parking Spaces in front of the garages. Rents due for a $400/mo raise. $65,600/year, 25.9 X Gross. Potential income raise to $84,000 year, 20 X Gross. Owner will consider carrying a first trust deed with 25% down. Truly nice property.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
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24408 Park Torrance, CA 90505

  • Price: $1,695,000
  • Status: ACTIVE
  • On Site: 12 Days
  • Updated: 63 min ago
  • ID#: SB22101658
6
Beds
0
Baths
0
½ Baths
0.11
Acres
Neighborhood:
Torrance (90505)
County:
Los Angeles
Area:
Torrance (90505)
Property Description
BEAUTIFUL WALTERIA LOCATION on Park St. FIRST TIME on market in over 40 YEARS. BOTH units have been extremely well maintained and are in excellent condition. FRONT unit feels like a HOME & a great OWNERS unit. REHABBED 2 years go. ONE STORY floor plan w/ huge living room, smooth ceilings, Brick-Wood burning FIREPLACE & some newer windows. Nice size kitchen, gas stove, dishwasher and dining room area. 3 good sized bedrooms & 1 full sized bathroom with newer cabinets. Master bath has a stackable washer/dryer. (This is considered a 1/2 bath- no shower). NEWER FORCED AIR HEATING. Rear unit is a nice two story 3 bedroom 1.5 bathrooms w/ a laundry room. Kitchen has custom cabinetry and many items have been periodically updated throughout the years. Seller states all ABS drains and copper plumbing. ROOF 3 years new. Exterior Stucco color in plaster & wood trim painted one year ago!! Perfect location close to Torrance school district, WALTERIA Elementary School & South High School. Easy drive to LAX or Long Beach. Close to Torrance airport , DEL AMO shopping mall , Restaurants and all of the amenities & lifestyle of the SouthBay. Torrance BEACH 5 miles away . These units feature a 75 foot park-like extremely quiet non-through street. Nice 20 foot Alley to 3 GARAGES plus 3 Parking Spaces in front of the garages. Rents due for a $400/mo raise. $65,600/year, 25.9 X Gross. Potential income raise to $84,000 year, 20 X Gross. Owner will consider carrying a first trust deed with 25% down. Truly nice property. BEAUTIFUL WALTERIA LOCATION on Park St. FIRST TIME on market in over 40 YEARS. BOTH units have been extremely well maintained and are in excellent condition. FRONT unit feels like a HOME & a great OWNERS unit. REHABBED 2 years go. ONE STORY floor plan w/ huge living room, smooth ceilings, Brick-Wood burning FIREPLACE & some newer windows. Nice size kitchen, gas stove, dishwasher and dining room area. 3 good sized bedrooms & 1 full sized bathroom with newer cabinets. Master bath has a stackable washer/dryer. (This is considered a 1/2 bath- no shower). NEWER FORCED AIR HEATING. Rear unit is a nice two story 3 bedroom 1.5 bathrooms w/ a laundry room. Kitchen has custom cabinetry and many items have been periodically updated throughout the years. Seller states all ABS drains and copper plumbing. ROOF 3 years new. Exterior Stucco color in plaster & wood trim painted one year ago!! Perfect location close to Torrance school district, WALTERIA Elementary School & South High School. Easy drive to LAX or Long Beach. Close to Torrance airport , DEL AMO shopping mall , Restaurants and all of the amenities & lifestyle of the SouthBay. Torrance BEACH 5 miles away . These units feature a 75 foot park-like extremely quiet non-through street. Nice 20 foot Alley to 3 GARAGES plus 3 Parking Spaces in front of the garages. Rents due for a $400/mo raise. $65,600/year, 25.9 X Gross. Potential income raise to $84,000 year, 20 X Gross. Owner will consider carrying a first trust deed with 25% down. Truly nice property.
Exterior Features

Lot Dimensions Approx 40X125 Pool N/K Roof Composition Site Sidewalks

Interior Features

Cooling N/K Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 2 Units With Range Oven 2 Units With Washers 2

Property Features

Actual Cap Rate 2.2 Annual Expense Actual 23800 Assessments N/K Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 28.0 Gross Scheduled Income Actual 60600 Home Owners Fees 0.0 Tenant Pays Cable TvElectricityGas/Propane Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 2650.0 Unit2 Rent Actual 2400.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Re/Max Estate Properties. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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