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26650918
26650919

25602 January Drive, Torrance, CA 90505 For Sale

IS
CA 01236591
Marcus & Millichap - South Bay
Marcus & Millichap - South Bay
Listed by Marcus & Millichap - South Bay
$1,999,999
332 days on market
Updated 38 days ago

25602 January Drive

Details
APN 7536-004-011
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,509
Net Rentable (SqFt) 2,509
Units 4
Cap Rate 3.49%
NOI $69,730
Pro-Forma Cap Rate 4.78%
Pro-Forma NOI $95,561
Price per SqFt $797
Year Built 1953
Buildings 2
Stories 2
Lot Size (SqFt) 5,597
Zoning TORR-MD
Parking Spaces 4 spaces
Parking per 1,000 SqFt 1.59

Vacant House + Triplex on a Cul-de-Sac in Walteria

Marketing description

Rare opportunity to acquire a vacant single-family home + a triplex on a cul-de-sac in the sought-after Walteria neighborhood! This property consists of a 3BD/2BA home that faces January Drive, a quiet residential street, and a rear triplex with all 1BD/1BA units that backs up to Crenshaw Boulevard. The front home will be delivered vacant, making this an excellent owner/user or value-add opportunity. Furthermore, current rents of the triplex offer a new investor 25 percent rental upside. The front home features updated electrical, a single-car garage, and new interior paint. The triplex offers three single-car garages that are easily accessed via Crenshaw Boulevard. This property boasts an outstanding location in an affluent neighborhood, walkable to Rolling Hills Plaza and its numerous popular retailers and dining options, and on the border of Rolling Hills Estates.

Investment highlights

  • Excellent opportunity to acquire an asset consisting of a single-family home and a triplex in the sought-after Walteria neighborhood of Torrance

  • The front home faces January Drive, a quiet residential street, and is a three-bed/two-bath that will be delivered vacant - great owner/user option

  • Rear triplex offers all one-bedroom units and three single-car garages

  • Current rents offer 25 percent potential upside

  • Outstanding location in an affluent neighborhood of the inland South Bay, walkable to Rolling Hills Plaza’s numerous popular dining and retail options

Listing Contacts

IS
CA 01236591
Marcus & Millichap - South Bay
Marcus & Millichap - South Bay
Listed by Marcus & Millichap - South Bay

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$69,730.00
$5,810.83/mo

Valuation Metrics

0
DSCR
3.49%
Cap Rate
3.49%
ROI

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Additional Information

Name
Izzy Sanchez
License
01236591
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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