2758 Orange AVE Save Request In-Person Tour Request Virtual Tour
Torrance,CA 90501
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 16,464 sqft
Price per Sqft $394
MLS Listing ID 25494553
Bedrooms 29
HOA Y/N No
Year Built 1964
Lot Size 0.500 Acres
Property Description
We are pleased to present this turnkey 15-unit townhome-style apartment community in the heart of Old Torrance. This asset includes two (2) 3-bed/2-bath, ten (10) 2-bed/1.5 bath, one (1) 1-bed/1.5 Bath, (2) 1-bed/1-bath. GREAT ADU potential (15 on site parking spaces). 12 of the 15 units have been remodeled and professionally designed with high-end finishes. Major CAPEX projects have been completed over the last year including complete electrical panel replacements (main panel and all subpanels), partial roof replacement (the rest is in good shape), new exterior paint, gutters and lighting. 13 units have private patios too. All units share a laundry room, recently upgraded with Shinepay equipment = extra income! All units are occupied by qualified, long-term, at/near market tenants. Buyer will have opportunity to add 5 ADU's. NO LOCAL RENT CONTROL - subject to only AB 1482. Located in the highly desirable Old Torrance Neighborhood, just minutes from Del Amo, Old Torrance stores, and the beach. UNIT 4 IS CURRENTLY VACANT. PLEASE SEE OM IN DOCS.
Location
State CA
County Los Angeles
Area 134 - Old Torrance
Zoning TORR-MD
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Fireplace No
Appliance Dishwasher,Refrigerator,Dryer,Washer
Exterior
Parking Features Assigned,Covered,Carport
Total Parking Spaces 15
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7359013019
Special Listing Condition Standard