24065 Ocean Avenue

Torrance, CA 90505

  • 0 Bed(s)
  • 0 Bath(s)
  • 48,156 Sqft
  • 55418
    Sqft(Lot)
$17,999,999

Description

**rare opportunity: prime multi-family investment property in torrance!**



for the first time in nearly 40 years, "ocean house," a meticulously maintained 54-unit property, is available in torrance’s most desirable neighborhood. this property offers exceptional amenities, including a solar-heated swimming pool surrounded by lush landscaping, serene interior gardens, and updated on-site laundry facilities, delivering both comfort and convenience for residents.



the thoughtfully designed unit mix features one-bedroom units and two-bedroom units, catering to a wide range of renters and budgets.



located in south torrance, ocean house offers proximity to pristine beaches, shopping, dining, parks, top-rated schools, and major transportation routes, combining the convenience of urban living with the tranquility of a suburban setting. the property has been meticulously maintained, with a new roof installed in may 2023, reflecting its excellent upkeep and attention to detail.



**disclaimer:** the information provided is subject to change.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47991905

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1962
    • Building Area Total: 48,156

    Pool Features

    • Community,Fenced,In Ground

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 1.2722
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 55418

  • Listing Price Information

    • Original List Price: 17,999,999
    • Listing Contract Date: 2024-12-11

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 7534006018

  • Garage and Parking

    • Garage Description: Assigned,Controlled Entrance

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 125 - Walteria
    • Postal Code Plus 4: 6438
    • Directions: From PCH and Hawthorne, head west on PCH, turn left on Ocean.
    • Zoning: TOCR-MH
    • Source Property Type: Residential Income
    • Area: 125 - Walteria
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 62
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: On Ocean Ave.
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 12/21/2024 @ 23:03

  • MLS: SB24247906
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 48,156 sqft, 55,418 sized lot, and 2 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 90505, this Los Angeles County Home are nearby neighborhoods.