Residential Income Details
Incredible Location ~ Fully-occupied ~ Not in Rent Controlled area! Amazing opportunity to own this well-maintained 10-unit Apartment building in a highlv visible and central location in the heart of South Bay! Conveniently located near the border of Torrance and Redondo Beach, this well-designed complex was built in 1991 and has been well-managed ever since. With only a 10-mins drive to the beach and 15 mins to LAX, owner has enjoyed extremely low vacancy rates and can easily find new tenants when available. Each unit comprises of approx. 1043 sf, with identical 2-bed/ 1.5 bath floorplans. Every individual unit possesses its own laundry hookups, separate electric & gas meters, spacious living room, and various improvements/ upgrades over the years. In addition, this Apartment building includes Automatic gated Parking with 22 subterranean parking spaces. Super convenient access to the 405 freeway and Hawthorne Blvd, nearby Southbay Galleria Shopping Mall, El Camino College, and plenty of incredible restaurants, shopping, amenities and much much more! Situated in a great stable neighborhood with strong demand for housing, this incredible opportunity offers nice upside for increased potential rents.
|Number of Units||10|
|Listing Brokerage||CBD Investment Inc T.C.|
|Listing Agent||Yuemei Cheng|
|Listing Agent BRE #||01953253|
Based on information from California Regional Multiple Listing Service, Inc. as of Monday, July 23, 2018.
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