3768 Redondo Beach Boulevard, Torrance, CA 90504

$1,500,000
List Price
$1,500,000
Status
ACTIVE UNDER CONTRACT
MLS#
PV23042618
Year Built
1957
Lot Size
4,970
Acres
0.11
Lot Location
Garden, Landscaped
Days on Market
12
Property Type
Multifamily
Style
Traditional
Property Sub Type
Quadruplex

Property Description

If you have been looking for rental property in a great neighborhood you know they don’t come up very often. Owned by the same owner for the last 22 years, this is a fully occupied 4 unit property in a great area of Torrance across from Alondra park and golf course. NO Local Rent Control – Just California rent control AB 1482. The property is comprised of Four 2 bedroom one bath units. Double paned windows and plantation shutters. Each unit is approximately 900 square feet. Two units have remodeled kitchens. Lower units have a nice size private fenced patio off the living room. The upper two units have a good size balcony. All units are in good condition and the property has been well maintained. New top of the line water heater at the end of 2021 ($12,000) 4 separate gas and electric meters. Each unit has a one car garage with storage. Red tile roof. All units are month to month. Prime Location in Torrance directly across from the Alondra Park & Golf Course, El Camino College, and near the South Bay Galleria, Space-X, Freeways, Restaurants & Shops. All units are occupied and offers are subject to inspection. Trust Sale, no court approval required.

Additional Information

Appliances
Dishwasher, Electric Cooktop, Electric Oven, Gas Cooktop, Disposal, Microwave, Dryer, Washer
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
Park/Greenbelt, Golf Course
Roof
Tile
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Open Floorplan, Stone Counters, Tile Counters, MainLevelMaster
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$82,740
Operating Expense
31048

Listing courtesy of Listing Agent: Patricia Hedstrom (phedstrom@gmail.com) from Listing Office: RE/MAX Estate Properties.

Mortgage Calculator

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Calculator source: Real Geeks

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.