Prime mixed-use property for sale in Torrance! A rare find for investors. This is a versatile investment opportunity to own a commercial unit and two residential apartments in Torrance (two bedrooms each). Located at the corner of Torrance Boulevard and Berendo Avenue. It is adjacent to a residential neighborhood, strategically located close to the 110 freeway. All units are fully occupied with great tenants and great relationship with landlord. This property is self-managed by owners with ease for over 10 years with almost no vacancy. No shortage of renters for the area. Torrance boulevard provides a nice traffic count for the minimarket. Business is not for sale, only the property.
Mls | SB24207182 |
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Listing Type | For Sale |
Style | Mixed Use |
Subtype | Resale |
Status | Active |
Year | 1948 |
Days On Site | 66 |
Listing Provided By | West Shores Realty, Inc. 310-541-8000 | Ana Maria Nava |
Sq Feet | 2,880 |
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Storys | 1 |
Units | 3 |
Buildings | 2 |
Zoning | LCR28 |
Acreage | 0.13 |
State | CA |
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County | Los Angeles |
City | Torrance |
Zip Code | 90502 |
Area | 123 County Strip |
Listing VS Median (in 90502) | |
Price: $1,295,000 low | high Med: $637,000 SqFt: 2,880 low | high Med: 1,292 $ / SqFt: $450 low | high Med: $495 On Site: 66 low | high Med: 59.000000 |