2830 W 235th Street, Torrance, CA 90505

List Price
$8,549,000
Price Change
▼ $146,000 1755829160
Status
ACTIVE
MLS#
PW25177634
Year Built
1969
Lot Size
22,454
Acres
0.52
Lot Location
Rectangular Lot
Days on Market
45
Property Type
Multifamily
Property Sub Type
Mixed Use

Property Description

Stunning partially renovated apartment complex located at 2830 West 235th Street in Torrance, California. The 15-unit complex offers a highly desirable mix of six two-bed/two-bath townhomes and nine two-bed/two-bath traditional units, all with spacious floor plans. The units surround a newly landscaped courtyard with furnishings for tenants’ enjoyment, and the property also offers ample garage parking and controlled access. 2830 West 235th Street boasts an extensive list of major recent improvements: seven units have been completely renovated and feature new flooring, cabinets, countertops, appliances, in-unit laundry, and new fixtures. Exterior updates include new exterior paint, new landscaping (including complete removal and replacement of irrigation system), fencing, signage, courtyard furnishings and lighting fixtures. The property is located just over a block south of Hickory Park and Hickory Elementary School and conveniently near shopping and restaurants at Torrance Crossroads. This desirable inland South Bay rental market is popular for its strong tenant base and proximity to amenities and beach cities. With its excellent condition and sought-after unit mix, 2830 West 235th Street is an exciting acquisition opportunity in a strong rental market.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
15
Gross Scheduled Income
$534,252
Operating Expense
169567

Listing courtesy of Listing Agent: Steven Bogoyevac (steve.bogoyevac@marcusmillichap.com) from Listing Office: Steven M. Bogoyevac, Broker.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.