1218 Portola Avenue, Torrance, CA 90501

$1,795,000
List Price
$1,795,000
Status
ACTIVE
MLS#
SB22054778
Year Built
1987
Lot Size
4,564
Acres
0.1048
Lot Location
Lawn
Days on Market
9
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Three Or More Levels

Property Description

Pride of Ownership ! (3) 3 Bedroom 2.5 bath townhomes with ( 3 ) 2 car garages and laundry hookups + 1 parking space off alley. Beautiful Building, Large Units : 4232 Sqft. building. Balconies, built in appliances, + separate electric and gas meters. Street to Alley lot. Current monthly rent $7,525 with upside ! Trustee believes the property made have been built to condominium specification at time of construction. Check with City of Torrance to see if condo conversion is possible. Conveniently located near Old Torrance restaurants, Shops, and breweries. With current construction costs, this is a true value. * Please do not disturb or talk to the current tenants. Some Expenses estimated. Realist Tax notes 9 Bedrooms, 2 of the units are set up as 2 Bedrooms + a Bonus Room.

Additional Information

Pool Description
None
Cooling Description
None
View
None
Garage Spaces Total
6
Sewer
Unknown
Water
See Remarks
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$90,300
Operating Expense
34766

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ken Conant from Listing Office: Re/Max Estate Properties

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.