2758 Orange Avenue, Torrance, CA 90501
  • MLS#: 25494553 ( Multi-Family )
  • Street Address: 2758 Orange Avenue
  • Viewed: 4
  • Price: $6,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 18
  • Additional Information
  • County: LOS ANGELES
  • City: Torrance
  • Zipcode: 90501
  • Provided by: Kape Property Management, Inc.
  • Contact: Noam Noam
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present this turnkey 15 unit townhome style apartment community in the heart of Old Torrance. This asset includes two (2) 3 bed/2 bath, ten (10) 2 bed/1.5 bath, one (1) 1 bed/1.5 Bath, (2) 1 bed/1 bath. GREAT ADU potential (15 on site parking spaces). 12 of the 15 units have been remodeled and professionally designed with high end finishes. Major CAPEX projects have been completed over the last year including complete electrical panel replacements (main panel and all subpanels), partial roof replacement (the rest is in good shape), new exterior paint, gutters and lighting. 13 units have private patios too. All units share a laundry room, recently upgraded with Shinepay equipment = extra income! All units are occupied by qualified, long term, at/near market tenants. Buyer will have opportunity to add 5 ADU's. NO LOCAL RENT CONTROL subject to only AB 1482. Located in the highly desirable Old Torrance Neighborhood, just minutes from Del Amo, Old Torrance stores, and the beach. UNIT 4 IS CURRENTLY VACANT. PLEASE SEE OM IN DOCS.
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Features
Property Type
  1. Multi-Family