Gianluca Jacoli
This listing was posted on RealtyWW.
$5,750,000
Crenshaw Blvd, Torrance, Home For Sale
Price:
$5,750,000
BR/BA:
7 BR, 10+ BA
Location:
16910 16924 Crenshaw Blvd, Torrance, CA
Description:
Luca is proud to present this 29-unit investment opportunity in Torrance. The property is situated in an outstanding Torrance location and is NOT subject to LA Rent Control and instead falls under AB-1482. The asset has a unit mix of (two) 2-bedroom/1-bathroom units, (three) 1-bedroom/1-bathroom units, (fifteen) studio/1-bathroom units and (nine) bachelor/1-bathroom units. The property is situated on two separate, adjacent parcel each lot with its own assessor parcel number (APN). The offering is priced at only $198, 276 per unit. The property features a total of 12, 952-SF of living area and is situated on a large 19, 824-SF corner lot. The asset is being offered at a 5.52% current cap rate and 11.97 current GRM with upside to a 7.82% pro-forma cap rate. Each unit has individual hot water heaters and both buildings are all electric. 16924 Crenshaw has a newer roof. Furthermore, there is a courtyard area with a pool and an on-site laundry facility with two washers and two dryers.For more details: https://realtyww.info/homes_torrance-d525548/for-sale_i75744239
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More About this Listing: Crenshaw Blvd, Torrance, Home For Sale
Crenshaw Blvd, Torrance, Home For Sale is a Seven Bedroom 10 Bathroom, 10+ BA, 29 Bathroom Single-Family Homes for Sale at 16910 16924 Crenshaw Blvd in Torrance CA. Find other listings like Crenshaw Blvd, Torrance, Home For Sale and listings near 16910 16924 Crenshaw Blvd by searching Oodle Classifieds for Seven Bedroom 10 Bathroom, 10+ BA, 29 Bathroom Single-Family Homes for Sale in Torrance CA.
Crenshaw Blvd, Torrance, Home For Sale is a Seven Bedroom 10 Bathroom, 10+ BA, 29 Bathroom Single-Family Homes for Sale at 16910 16924 Crenshaw Blvd in Torrance CA. Find other listings like Crenshaw Blvd, Torrance, Home For Sale and listings near 16910 16924 Crenshaw Blvd by searching Oodle Classifieds for Seven Bedroom 10 Bathroom, 10+ BA, 29 Bathroom Single-Family Homes for Sale in Torrance CA.