1

1549 PLAZA DEL AMO Torrance, CA 90501

$1,040,000

Bedrooms

Total Baths

Full Baths

2,975

Square Feet

0.17

Acres

1961

Year Built

10 days

On Website

Active

Status

1549 Plaza Del Amo Torrance is a great value-add opportunity in Torrance PO. Quadruplex with lot of upside potential in rental income as units turnover and potential to convert garages into ADUs (accessory dwelling units). The property has an excellent unit mix of all 2 bedroom 1 bath units. It has been re-pipped with copper plumbing, has brand new water heaters in each unit and 2-year-old roof with 15-year warranty. Property is situated on a large 7,422 SF lot with ample on-site parking in addition to 3 detached garages (one 2-car garage and two 1-car garages). The building is easy to manage with tenants paying their utilities; the landlord is only responsible for DWP. All tenants are current on rent and have been paying through COVID. With market CAP Rate of over 5.8%, this property is being offered at only $260,000 per unit.

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Details


Interior
Appliances
None
Flooring
Carpet, Laminate
Living Area
2,975 SqFt.

Building And Construction
Number Of Units Total
4
Property Sub Type
Multi Family
Property Type
Residential Income
Year Built
1961

Exterior And Lot
Lot Size Acres
0.1704
Lot Size Square Feet
7422
Lot Size Units
Square Feet
Parking Total
3
Zoning
LARD1.5

Utilities
Cooling
None
Heating
Wall Furnace

Area And Schools
City
Torrance
County Or Parish
Los Angeles

Financial Info
Buyer Agency Compensation
2%

Listing By Lyon Stahl Investment Real Estate, Inc. – Evelyn Baez Gonzalez

MLS# SB21125088

Data Last Updated 4:08pm - 06/19/2021

California Regional MLS

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright© 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.

90501 Statistics and Information

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