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3706 Redondo Beach BLVD Torrance, CA 90504
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Key Details
Sold Price $1,603,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 3,516 sqft
Price per Sqft $455
MLS Listing ID 25609193
Bedrooms 8
Year Built 1958
Property Description
Outstanding Owner-User Opportunity with Renovated 2-Bedroom Unit Delivered Vacant | Highly Desirable North Torrance Location - Across the Street from Alondra Park & a Few Blocks from El Camino College | Each Unit Contains Individual Hot Water Heaters & Private Patios | Unit Mix of (Four) 2-Bedroom/1-Bathroom Units | 5.02% Current Cap Rate & 14.03 Current GRM | 6.13% Pro-Forma Cap Rate & 12.08 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Main Sewer Line Has Been Replaced | On-Site Laundry Facility - Generates Additional Annual Income | Total of 4 Garage Spaces | Strong Neighboring Employment: Northrup Grumman, Raytheon, SoFi Stadium, Intuit Dome, Los Angeles Times, Hollywood Park Tomorrow & LAX Airport | Qualifies for Attractive Residential Financing
Location
State CA
County Los Angeles
Area 132 - N Torrance - West
Zoning TORR-MH
Interior
Laundry Laundry Room
Exterior
Parking Features Garage
Garage Spaces 4.0
Garage Description 4.0
Building
Story 2
New Construction No
Others
Special Listing Condition Standard
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Bought with Shawn Nejad Vista Sotheby's International Realty
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