Bought with David Barrette • Barrette Real Estate Investments, Inc.
$6,100,000
$7,300,000
16.4%For more information regarding the value of a property, please contact us for a free consultation.
23125 Samuel Street Torrance, CA 90505
20,228 SqFt
Key Details
Sold Price $6,100,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 20,228 sqft
Price per Sqft $301
MLS Listing ID CRPV25200763
Year Built 1963
Lot Size 0.552 Acres
Property Sub-Type Other
Property Description
This multifamily property consists of 21 units, perfectly located in a prime area of Torrance. Across the street from Torrance Memorial Hospital, close to Del Amo Mall, and the Torrance Financial District. The property is located in a desirable residential neighborhood, surrounding streets are lined with well-maintained family residences and multifamily properties. The property features one-car garage parking for residents. There is a tremendous value-add opportunity for investors to renovate the property and bring rental rates to market levels. This is a high-demand location. The unit mix consists of 11 two-bedroom units, and 10 one-bedroom units. The pool area was completely redone last year. There is a great office for the on-site manager and a grassy courtyard for play.
Location
State CA
County Los Angeles
Interior
Cooling None
Laundry Common Area
Exterior
View None
Building
Lot Description Other
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