Torrance, CA 90501,1601 Torrance
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Torrance, CA 90501,1601 Torrance
Torrance, CA 90501,1601 Torrance
Torrance, CA 90501,1601 Torrance
Torrance, CA 90501,1601 Torrance
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$ 1,450,000
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Active Under Contract

1601 Torrance Torrance, CA 90501

12 Beds

7,514 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB25249286

Bedrooms 12

Lot Size 7,514 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Prime 4-Plex Investment in Torrance! Welcome to 1601 Torrance Blvd, a well-maintained four-unit property in a convenient central Torrance location near Old Town Torrance, public transportation, and freeway access. Each spacious unit features 3 bedrooms and 2 baths with approximately 1,339 sq. ft. of living space, including a primary bedroom suite, an in-unit laundry room, and two parking spaces (one garage + one driveway). Recent upgrades include: full copper re-pipe (2022), new roof (2025), electrical panel upgrade (2025), fresh exterior paint (2025), and updated tile and vinyl plank flooring in several units. This is a great opportunity for both investors and owner-occupantslive in one unit and rent out the others! Property is subject to Los Angeles Rent Stabilization Ordinance (RSO). Potential market CAP rate of 6.80% and market GRM of 9.81. Enjoy proximity to shopping, dining, and entertainment in charming Old Town Torrance. Close also to public transportation and freeway. Residential financing options available and strong rental demand in this desirable South Bay location.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Western Avenue, east on Torrance Blvd

Interior

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7349002015


MLS Router / San Diego MLS
Listed by Jim Porter Porter Heritage
Don Pelletier

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

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1601 Torrance