$1,330,000
$1,395,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
3,139 SqFt
SOLD DATE : 07/19/2021
Key Details
Sold Price $1,330,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,139 sqft
Price per Sqft $423
MLS Listing ID SB21080274
Sold Date 07/19/21
HOA Y/N No
Year Built 1958
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions Assessor
Property Description
3542 170th St is a great value-add opportunity in Torrance with a market CAP rate over 5%! The subject property is near award winning schools, great shopping and dining options, and top notch hospitals. The building has a good unit mix of two 2 bedroom/1 bath and two 1 bedroom/1 bath units. This is a perfect investment for a first time buyer or seasoned investor alike, as there is an opportunity to build sweat equity out of the gate with a little TLC. 3542 170th St has been re-pipped with copper plumbing, has on-site laundry for additional income, and is easy to manage with tenants paying their gas/electric. Call today for more details.
Location
State CA
County Los Angeles
Area 133 - N Torrance - East
Zoning TORR-MH
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Fireplace No
Laundry Inside
Exterior
Garage Concrete, Off Street
Pool None
Community Features Curbs, Storm Drain(s), Sidewalks
Parking Type Concrete, Off Street
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4092019012
Energy Description 800.0
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Brennan Lazar • RE/MAX Estate Properties