

3564 Del Amo Boulevard
Multifamily | 5 Units | $481,250/unit
Marketing description
ASSET
Fourplex with great unit mix in an outstanding Torrance location. No local rent control – defaults to AB 1482. Situated on a 6,000-SF lot, the property is comprised of (one) 3-bedroom/2-bathroom unit, (one) 2-bedroom/2-bathroom unit and (two) 1-bedroom/1-bathroom units.
The front 3-bedroom owner’s unit has a fireplace, private patio and washer/dryer hook-ups. The electrical has been recently updated and all units have new subpanels. The property contains intercom access and the building is all electric with no gas expense. Furthermore, there are a total of 5 garage spaces and there is an on-site laundry facility.
LOCATION
3654 Del Amo Boulevard is located in a desirable pocket of Torrance, just east of Hawthorne Boulevard and less than one mile from both Village Del Amo and the Del Amo Fashion Center. The property is approximately 2.5 miles from the Pacific Ocean and the Redondo Beach Pier.
FINANCIALS
This 3,916-SF fourplex is being offered at a 4.58% current cap rate and 14.72 current GRM with a 5.01% pro-forma cap rate and 13.83 pro-forma GRM. The property is a residential asset which qualifies for residential financing.
*Some property photos have been digitally enhanced. Please do not disturb tenants. Buyer to conduct their own due diligence and investigation.
Investment highlights
- Highly Desirable Torrance Location, Just East of Hawthorne Boulevard
- Less Than One Mile from Village Del Amo & Del Amo Fashion Center
- Outstanding Unit Mix of 3-Bedroom, 2-Bedroom & 1-Bedroom Units
- Large 3-Bedroom Owner's Unit with Fireplace, Private Patio & Washer/Dryer Hook-Ups
- Upgraded Electrical - All Units Contain New Subpanels
- Approximately 2.5 Miles from the Pacific Ocean & the Redondo Beach Pier
- No Local Rent Control - Defaults to AB 1482
- Intercom Access & Total of 5 Garage Spaces
- All Electric Building with No Gas Expense
- Residential Asset - Qualifies for Residential Financing
- 4.58% Current Cap Rate & 14.72 Current GRM
- 5.01% Pro-Forma Cap Rate & 13.83 Pro-Forma GRM
- On-Site Laundry Facility - Generates Additional Annual Income
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