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33631117
33631112

2863-2867 West Carson Street, Torrance, CA 90503

KM
CA 01220368
Morgan Skenderian Investment Real Estate Group
Morgan Skenderian Investment Real Estate Group
Listed by Morgan Skenderian Investment Real Estate Group
$1,675,000
2 days on market
Updated 2 days ago

Carson Street Duplex

Details
APN 7362-013-040
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,241
Units 2
Cap Rate 2.50%
NOI $42,175
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 3.50%
Pro-Forma NOI $58,118
Price per SqFt $517
Class C
Year Built 1971
Year Renovated 2016
Buildings 1
Stories 2
Lot Size (SqFt) 6,901
Parking Spaces 8 spaces
Parking Per SqFt 2.47
Ownership Fee Simple

Spacious Duplex | Located in Desirable Torrance Location

Marketing description

Morgan Skenderian, Inc. is pleased to present 2863 W. Carson Street, a well-maintained two-unit property located in the highly desirable South Bay city of Torrance. Offering a unique low-density configuration with spacious townhouse-style units, the property provides an attractive alternative to traditional multifamily assets, appealing to tenants seeking larger living spaces and a more residential environment.

The property consists of two large two-bedroom units, including a ±1,350 square foot 2BR/1.5BA townhouse-style unit (2863) and a ±1,890 square foot 2BR/2BA townhouse unit (2867), both offering functional layouts and generous living space. 2863 was fully remodeled in 2016, featuring updated finishes and modern improvements, while the overall property has been well maintained, including the installation of a new roof in 2011, and new dual pane windows and sliding doors in 2018.

With its sizable unit mix, desirable South Bay location, and strong underlying rental demand for larger floorplans, 2863 W. Carson Street presents a compelling opportunity for investors seeking stable income with long-term upside potential in a high-demand rental market.

Investment highlights

  • Spacious Low-Density 2-Unit Property in Desirable Torrance Location
  • Large Townhouse-Style Floorplans (Approx. ±1,350 SF & ±1,890 SF)
  • Both Units Feature Direct-Access 2-Car Garages
  • One Unit Fully Remodeled in 2016
  • Newer Roof, Windows, and Sliding Doors
  • Residential Feel with Functional Multi-Level Layouts
  • Strong South Bay Rental Demand for Larger Floorplans

Listing Contacts

KM
CA 01220368
Morgan Skenderian Investment Real Estate Group
Morgan Skenderian Investment Real Estate Group
Listed by Morgan Skenderian Investment Real Estate Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$42,175.00
$3,514.58/mo

Valuation Metrics

0
DSCR
2.52%
Cap Rate
2.52%
ROI

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Additional Information

Name
Ken Morgan
License
01220368
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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