Closed
23802 Ocean Avenue
Torrance CA, 90505
$2,150,000
$436.46 per sqft
Closed
9 Beds
7 Baths
4,926 sqft
Residential
Built in 1964
Listed by Jonathan Nikfarjam with Shield CRE, Inc. 310-593-9869
Highly Desirable South Torrance Location - West of Hawthorne Boulevard | Approximately 2 Miles from the Beach, Riviera Village & Palos Verdes | Great Unit Mix of 2-Bedroom & 3-Bedroom Units | No Local Rent Control - Defaults to AB 1482 | 4,926-Square Feet of Living Space on Large 7,330-Square Foot Corner Lot | Front 3-Bedroom Unit with New Counters, New Bathroom Fixtures, New Electrical Panel, New AC/Heat with Washer/Dryer Hook-Ups & Large Private Patio | Unit #2 Contains Remodeled Kitchen, New Floors & Re-Done Stairs | Unit #4 Contains New Counters, Sink, Backsplash, Re-Done Deck & New Hot Water Heater (2022) | All-Electric Building with Newer Roof (2015), Water-Efficient Landscaping and All New Exterior Concrete, Patio Fences, Gutters & Downspouts | On-Site Laundry Facility & Total of 4 Garage Spaces | Close Proximity to Rolling Hills Plaza, Del Amo Fashion Center & Torrance Crossroads Shopping Center | 3.56% Current CAP Rate & 18.47 Current GRM | Approximately 20% in Rental Upside - 4.59% Pro-Forma CAP Rate & 15.43 Pro-Forma GRM | Qualifies for Residential Financing | Perfect Owner User Opportunity
22176487
MLSⓇ ID
July 7, 2022
Listed
May 9, 2024
Updated
Map
23802 Ocean Avenue
Torrance CA, 90505
Interior Features
Total Stories
2
Bedrooms
9
Total Bathrooms
7
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.17 Acres
Other Property Details
Area Name
129 - South Torrance
Days on Market
56
Garage
Yes
Garage Spaces
4
Parking
Garage
Parking Total
4
View
No
County
Los Angeles
Pool
No
Zoning
TORR-MD
Buyer Agency Compensation
2%
Listing Contact: 310-593-9869
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Data last updated on 5/9/2024 at 1:16 PM UTC