INCREASE CASH FLOW! NEW CALIFORNIA LAW WILL ALLOW UP TO 4 ADU ON THIS LOT!! THERE ARE FOUR CAR GARAGES THAT YOU CAN EASILY CONVERT OR EXPAND INTO 4X 1 OR 2 BEDROOM UNITS WHILE STILL MAINTAINING A MASSIVE PARKING LOT. INCREASE YOUR CASH FLOW!! FULLY RECENTLY RENOVATED FOURPLEX WITH LAUNDRY ROOM AND 4 CAR GARAGES. PERFECT FOR INVESTOR.
EXCELLENT OPPORTUNITY INVESTMENT IN THE CITY OF TORRANCE. SOLID TENANCY, EASY TO RENTAND MANAGE.
NICE INCOME PROPERTY IN WALTERIA NEIGHBORHOOD OF SOUTH TORRANCE. MANY UPGRADED WITH NEWER ROOF, NEWER AWNING, NEWER KITCHEN WITH GRANITE COUNTER TOP, UPGRADED BATHROOM AND LAMINATED FLOORING IN THE FRONT UNIT. FRONT UNIT HAS 3 BEDROOMS, 2 BATHS WITH TWO STORY TOWN HOUSE STYLE AND BACK UNIT HAS 2 BEDROOMS 1 BATH ON THE GARAGE. ONE 2-CAR GARAGE SHARED BY BOTH UNITS. LAUNDRY INSIDE. WALKING DISTANCE TO WALTERIA ELEMENTARY, AND IT'S IN THE RICHARDSON INTERMEDIATE AND SOUTH HIGH SCHOOL AREAS.
Back on the market due to Buyer unable to close. Fumigation treatment complete along with major repairs. Residential income opportunity located at the gateway of Torrance. Close proximity to parks and Front house is 1200 SF featuring 3 bedrooms and 2 bathrooms. With new flooring installed a few years ago and a renovated bathroom, the cozy home also features a spacious kitchen. The backhouse is approximately 800 SF with 1 bedroom and 1 full bathroom. Shared yard in front of the back house To add to the income stream, the garage was converted (unpermitted) to two units featuring one studio and another being 1 bedroom and 1 bathroom. The property is fully leased with tenants paying for gas and electricity. Owners takes care of trash and water. One of the members of the holding company is a licensed realtor.
Very nice 3 units complex in 3 separate units, seller has finalized plans and permits for 2 additional units this would be a very nice property with 2 additional units., bring your investors, builders,
Torrance is located in California. Torrance, California has a population of 147,156. Torrance is more family-centric than the surrounding county with 36.28% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Torrance, California is $100,215. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Torrance is 42.2 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 48.1 degrees. The average rainfall is approximately 13.8 inches per year, with 0 inches of snow per year.
