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Listed by Jackie Wang-Dojiri • RE/MAX Estate Properties
$ 2,480,000
Est. payment /mo
Active
20520 South Western Avenue Torrance, CA 90501
5,530 SqFt
UPDATED:
12/07/2024 06:12 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,530 sqft
Price per Sqft $448
MLS Listing ID PV-24227444
Year Built 2017
Lot Size 6,084 Sqft
Property Description
A rare find newer 4-unit income property built in 2017. Newer modern townhouse-style with 2-car attached garage for each unit. All 4 units have 3 ensuite bedrooms. An incredible unique investment property that generates great income with 4.72% cap rate and low maintenance cost to the owner. Tenants pay their own utilities including water and trash. Separate electricity, gas and water meter for each unit. This property is located in very convenient location. Close to old town Torrance where features many nice restaurants and shops. There are 2 buildings on the property; each building has 2 units. The main level offers an open living room, a modern kitchen and one bedroom with its own bathroom. The upper level has two ensuite bedrooms, storage areas and balconies. Laminated floors throughout. Each unit has an attached 2-car tandem parking garage with a laundry closet. There are fenced front and backyards with gated driveway.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Laundry Gas Dryer Hookup, In Garage, Washer Hookup
Exterior
Parking Features Gated
Garage Spaces 4.0
Pool None
Community Features Curbs, Sidewalks, Storm Drains, Street Lights
Building
Lot Description Front Yard, Level with Street, Sprinklers In Front, Back Yard
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944