$1,072,000
$1,100,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
2264 Torrance BLVD Torrance, CA 90501
1,948 SqFt
Key Details
Sold Price $1,072,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,948 sqft
Price per Sqft $550
MLS Listing ID SB24117045
Sold Date 10/29/24
HOA Y/N No
Year Built 1930
Lot Size 4,782 Sqft
Property Description
Subject to Cancellation of Existing Escrow. Mixed use property on a knoll above high traffic Torrance Bl. in nice area of Old Torrance. Property still shows as a triplex in the tax rolls. City of Torrance permits from early 1980's show front duplex turned into four office spaces with two bathrooms and kitchenette. Three of the four offices rented at below market rents and the owner is using suite #2. Above the three car garage in the rear is a two bedroom apartment. Separate patio and yard area for this unit. There are also three side by side parking spaces for the front offices on the side alley. Property has been well kept. Rents are low. Could turn the front four offices back into two 1 bedroom, 1 bath units each with a garage and one extra parking space would easily rent for at least $2,200 per month each. Front structure is also 1,248 sqare feet so it could also be turned into one house. No State or City Rent Control on office property. Large front yard. Great potential and great upside.
Location
State CA
County Los Angeles
Area 134 - Old Torrance
Zoning TOCC-GEN
Rooms
Ensuite Laundry Gas Dryer Hookup, Laundry Room
Interior
Laundry Location Gas Dryer Hookup,Laundry Room
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Gas Dryer Hookup, Laundry Room
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Park
View Y/N No
View None
Total Parking Spaces 6
Private Pool No
Building
Lot Description Back Yard, Near Park, Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7355005004
Acceptable Financing Cash to New Loan, Conventional
Listing Terms Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Enrique Esparza Martinez • Realty One Group Homelink