3564 Del Amo Boulevard, Torrance, CA 90503
- $1,895,000
- 7
- BD
- 6
- BA
- 3,916
- SqFt
- List Price
- $1,895,000
- Price Change
- ▼ $30,000 1784337592
- Status
- ACTIVE
- MLS#
- 26847721
- Year Built
- 1964
- Bedrooms
- 7
- Bathrooms
- 6
- Living Sq. Ft
- 3,916
- Lot Size
- 6,000
- Acres
- 0.14
- Days on Market
- 44
- Property Type
- Multifamily
- Stories
- One Level, Two Levels
Property Description
Price Reduced! Highly Desirable Torrance Location: Situated just east of Hawthorne Boulevard, less than one mile from Village Del Amo and Del Amo Fashion Center, and approximately 2.5 miles from the Pacific Ocean and Redondo Beach Pier. Outstanding Unit Mix: Fourplex featuring a desirable mix of 3-bedroom, 2-bedroom, and 1-bedroom units. Ideal Owner-User Opportunity: Spacious 3-bedroom owner's unit includes a fireplace, private patio, and washer/dryer hookups. Upgraded Electrical System: Property features updated electrical with new subpanels installed for all units. Attractive Property Amenities: Intercom access, five garage parking spaces, & an on-site laundry facility that generates additional income. Efficient Operating Profile: All-electric building with no gas expense, helping reduce operating costs and simplify utility management. Strong Investment Fundamentals: Offered at a 4.67% current cap rate and 14.49 GRM with upside to a 5.11% pro-forma cap rate and 13.61 GRM. Not subject to local rent control (AB 1482 only) and qualifies for residential financing.
Additional Information
- Appliances
- Washer
- Garage Spaces Total
- 5
- Attached Structure
- Detached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Jonathan Nikfarjam (jonathan@shieldcre.com) from Listing Office: Shield CRE, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.