Torrance, CA 90504,16915 Yukon AVE
Torrance, CA 90504,16915 Yukon AVE
Torrance, CA 90504,16915 Yukon AVE
Torrance, CA 90504,16915 Yukon AVE
Torrance, CA 90504,16915 Yukon AVE
Torrance, CA 90504,16915 Yukon AVE
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$3,470,000

$3,495,000

0.7%
Est.Price: ?

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Est. payment /mo

10,001 Sqft Lot


SOLD DATE : 01/19/2024

Key Details

Sold Price $3,470,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23188128

Sold Date 01/19/24

HOA Y/N No

Year Built 1958

Lot Size 10,001 Sqft

Property Description

Attractive assumable financing, subject to lender approval, available w/ Chase Bank at a 3.97% interest rate, interest only until March 2027 & fixed rate until March 2029!
16195 Yukon Ave is a turnkey 8-Unit situated in a prime pocket of NW Torrance w/ over 10% rental upside. The property boasts (8) 2-bed/1-bath units, 7 carport spots, and 1 garage space. (4) of the units are equipped with spacious private patios and (1) unit in the back features an upstairs balcony.
The 7,224 SF building sits on a 10,001 SF lot priced at $483/SF and $436,875 per unit. Offered at a cap rate of 4.13%, the building is currently generating over $19,000+ per month.
The building is newly renovated and recent capital improvements include: New Roof, Windows, Front Doors & Wood Siding, Improved Landscaping, New Exterior Paint & Copper Plumbing, New Cabinets, Grey Quartz Countertops, Smooth Interior Ceilings, Wood Laminate Flooring, Stainless Steel Appliances, Recessed Lighting, New Bathroom Tile & Interior doors.
The property is strategically located in a great pocket of Northwest Torrance – in close proximity to Alondra Park Golf Course, El Camino College, and the South Bay Galleria. With its sizable living space, desirable location, and impressive income, this property is a great opportunity for any investor looking for a cash-flowing prize asset.

Location

State CA

County Los Angeles

Area 132 - N Torrance - West

Zoning TORR-MH

Interior

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Oven, Microwave

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Carport, Garage

Garage Spaces 1.0

Carport Spaces 7

Garage Description 1.0

Pool None

Community Features Biking, Sidewalks

View Y/N No

View None

Total Parking Spaces 8

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4087007008

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc. • 3107801899
Bought with Tatsuya Nakanishi • Person Realty Inc.
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5280 E 2nd St, Long Beach, CA, 90803, USA

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