3706 Redondo Beach BLVD new

Torrance,CA 90504

$ 1595000

8 Beds

4 Baths

3516 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,516 sqft

Price per Sqft $453

MLS Listing ID 25609193

Bedrooms 8

Year Built 1958

Lot Size 4,965 Sqft

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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