$3,690,000
$3,699,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
0.39 Acres Lot
SOLD DATE : 08/08/2014
Key Details
Sold Price $3,690,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB14104728
Sold Date 08/08/14
HOA Y/N No
Year Built 1957
Tax Year 2013
Lot Size 0.387 Acres
Property Description
This remodeled 15 unit apartment complex located in the great rental market of Torrance received a fresh and modern make over! There are 3 separate 5 unit buildings (17905, 17915 & 17925 Crenshaw Blvd) - each with separate APNs. The unit mix consists of 6 - 2 bedroom 1 bathrooms and 9 - 1 bedroom 1 bathrooms. Two of the 2 bedroom units comes with a large private deck over the garages. There are Washer & Dryer Hookups - a highly desired amenity! Interior remodels feature new: shaker white cabinets, granite counter tops, stainless steel appliances, smooth ceilings (living room/kitchen & Bath in 9 units and completely smooth in 6 units), crown molding, refinished hardwood floors, tub & wall tile (in most units), floor tile, carpet in bedrooms, paint and fixtures! Also, the exterior remodel includes: modern exterior siding, stairway railings, trim paint, new roof over 17915 garage, newer garage doors, screen doors, building & door numbers and landscaping. There is also common laundry. Remodeled units rented quickly and there is still significant upside in the rent - up to $200 in upside rent! The close proximity to 405/91/110 freeways, access to a great Torrance school district and employment makes this a highly desirable Torrance apartment investment!
Location
State CA
County Los Angeles
Area 132 - N Torrance - West
Interior
Fireplace No
Exterior
Parking Features Assigned
Garage Spaces 14.0
Garage Description 14.0
Pool None
Community Features Gutter(s), Sidewalks
Utilities Available Sewer Connected
Total Parking Spaces 15
Private Pool No
Building
Lot Description Corner Lot, Sprinkler System
Water Public
Others
Tax ID 4091014003
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Shao-an Kuo • Century 21 Adams & Barnes
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "