Description
Great investment opportunity! this well-maintained 14-unit apartment complex features all two-bedroom, one-bath units, offering a desirable layout for tenants. the property boasts a low-maintenance design with a recently refreshed exterior, including a new roof (2023), upgraded electrical panels (2024), and fresh exterior paint (2025). a shared laundry room is available for tenants, and the property includes 14 on-site parking spaces for resident use. current cap rate is 4.68% with a potential 8.04% cap rate at market rents.
located directly across from normandie park. the complex is also ideally situated near major freeways and shopping centers. balcony inspection has been completed, ensuring compliance with safety regulations. the property is subject to the city of los angeles rso. don't miss this turn-key investment in a high-demand rental market!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48927269
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition,Flat
- Exterior Property Features : Rain Gutters
- Interior Features: Granite Counters,Laminate Counters,Tile Counters
- Windows: Blinds,Screens
- Property Appliances: Gas Range,Water Heater
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1962
- Building Area Total: 9,906
- Construction: Drywall,Stucco,Copper Plumbing
- Roof: Composition,Flat
Exterior Features
- Rain Gutters
Foundation
- Concrete Perimeter,Raised
Security Features
- Smoke Detector(s),Security Lights
Accessibility Features
- None
Pool Features
- None
Laundry Features
- Common Area
Fencing
- Wood
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2986
- Lot Size Source: Assessor
- Lot Size Square Feet: 13005
-
Listing Information
Listing Price Information
- Original List Price: 3,499,000
- Listing Contract Date: 2025-03-11
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7347006021
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Asphalt,Carport,Driveway,Paved
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas,Telephone
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 122 - Harbor Gateway
- Directions: Normandie Avenue, east on 225th Street
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: 122 - Harbor Gateway
- Property SubType: Mixed Use
Building and Construction
- Property Age: 63
- Common Walls: 2+ Common Walls
- Structure Type: Mixed Use
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/02/2025 @ 04:22
- MLS: SB25052868
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 9,906 sqft, 13,005 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Torrance , in zip code 90501, this Los Angeles County Home are nearby neighborhoods.