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$1,295,000
Est. payment /mo
5,697 Sqft Lot
UPDATED:
10/18/2024 05:59 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24207182
HOA Y/N No
Year Built 1948
Lot Size 5,697 Sqft
Lot Dimensions Public Records
Property Description
Prime mixed-use property for sale in Torrance! A rare find for investors. This is a versatile investment opportunity to own a commercial unit and two residential apartments in Torrance (two bedrooms each). Located at the corner of Torrance Boulevard and Berendo Avenue. It is adjacent to a residential neighborhood, strategically located close to the 110 freeway. All units are fully occupied with great tenants and great relationship with landlord. This property is self-managed by owners with ease for over 10 years with almost no vacancy. No shortage of renters for the area.
Torrance boulevard provides a nice traffic count for the minimarket. Business is not for sale, only the property.
Torrance boulevard provides a nice traffic count for the minimarket. Business is not for sale, only the property.
Location
State CA
County Los Angeles
Area 123 - County Strip
Zoning LCR28
Interior
Cooling None
Fireplace No
Laundry Inside
Exterior
Fence Wood, Wrought Iron
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Present Use Commercial
Building
Lot Description Corner Lot
Story 1
Water Public
Others
Tax ID 7350005028
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
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Listed by Ana Maria Nava • West Shores Realty, Inc. • 310-809-1334