2022 Cabrillo, Torrance, CA 90501
- $1,087,000
- List Price
- $1,087,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- OC26114060
- Year Built
- 1941
- Lot Size
- 6,901
- Acres
- 0.16
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 58
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
Opportunity knocks with this well located Torrance triplex offering no local rent control (subject only to AB 1482). The property consists of (2) 2 Bedroom / 1 Bathroom units and (1) 1 Bedroom / 1 Bathroom unit situated on a large 6,901 square foot lot with three garages, driveway parking, and a large central courtyard offering potential ADU upside (buyer to verify). Located in a strong South Bay rental market supported by approximately $102,000 average household income within a one mile radius, the property offers stable in place income with additional upside through future rent growth, RUBS implementation, and potential ADU development.
Additional Information
- Pool Description
- None
- Garage Spaces Total
- 3
- Sewer
- None
- Water
- None
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $78,151
- Operating Expense
- 23791
Listing courtesy of Listing Agent: Pat Swanson (pat.swanson@streamrealty.com) from Listing Office: Pat Swanson.
Mortgage Calculator
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.