Listed by Stream Realty Partners Greater L.A.
$1,229,000
Torrance Triplex
Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 2,880
Cap Rate 4.00%
NOI $49,614
Pro-Forma Cap Rate 5.87%
Price per SqFt $427
Year Built 1964
Lot Size (SqFt) 4,321
Investment Type Core+
Ground Lease No
Sale Condition For sale by owner
About This Property for Sale
Investment highlights
• Prime Torrance location (no local rent control – AB 1482 only)
• Desirable unit mix: (3) 2BD / 1.5BA
• On-site parking: three garages
• Value-add opportunity through rent increases and RUBS implementation
• Supported by strong demographics (~$102K average household income, 1-mile radius)
Listing Contacts
Listed by Stream Realty Partners Greater L.A.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$49,614.00
$4,134.50/mo
Valuation Metrics
0
DSCR
4.04%
Cap Rate
4.04%
ROI
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