2264 Torrance BLVD Pending

Torrance,CA 90501

$ 1100000

- Bed

- Bath

1948 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 1,948 sqft

Price per Sqft $564

MLS Listing ID SB24059696

HOA Y/N No

Year Built 1930

Lot Size 4,782 Sqft

Acres 0.1098

Property Description

Subject to Cancellation of Existing Escrow. Mixed use property on a knoll above high traffic Torrance Bl. in nice area of Old Torrance. Property still shows as a triplex in the tax rolls. City of Torrance permits from early 1980's show front duplex turned into four office spaces with bathroom and kitchenette. Three of the four offices rented at below market rents and the owner is using suite #2. Above the three car garage in the rear is a two bedroom apartment. Separate patio and yard area for this unit. There are also three side by side parking spaces for the front offices on the side alley. Property has been well kept. Rents are low. Could turn the front four offices back into two 1 bedroom, 1 bath units each with a garage and one extra parking space would easily rent for at least $2,200 per month each. Front structure is also 1,248 sqare feet so it could also be turned into one house. No State or City Rent Control on office property. Large front yard. Great potential and great upside.

Location

State CA

County Los Angeles

Area 134 - Old Torrance

Rooms

Ensuite Laundry Laundry Room

Interior

Laundry Location Laundry Room

Fireplace No

Laundry Laundry Room

Exterior

Carport Spaces 3

Community Features Park

Total Parking Spaces 6

Building

Lot Description Back Yard,Sloped Down,Front Yard,Lawn,Near Park,Near Public Transit,Rectangular Lot,Trees,Zero Lot Line

Story 2

Water Public

Others

Tax ID 7355005004

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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