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    1533 W 227th Street

    Torrance, CA 90501
    • $1,400,000
    • STATUS: Active
    • ON SITE: 11 Days
    • ID#: PW21220801
    UPDATED: 64 min ago
    $1,400,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Great opportunity to acquire contiguous fourplexes with attractive residential financing. Strong in-place rents with substantial room on both parcels to build multiple ADUs. Both properties have new roofs, new plumbing, new windows, and several other unit upgrades. Properties must be sold together. Drive-by only, tenants are unaware of sale.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T22:25:09.723. 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 deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/122109528
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    1533 W 227th Street Torrance, CA 90501

    • Price: $1,400,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: PW21220801
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1955
    Built
    Neighborhood:
    122 - Harbor Gateway
    County:
    Los Angeles
    Area:
    122 - Harbor Gateway
    Property Description
    Great opportunity to acquire contiguous fourplexes with attractive residential financing. Strong in-place rents with substantial room on both parcels to build multiple ADUs. Both properties have new roofs, new plumbing, new windows, and several other unit upgrades. Properties must be sold together. Drive-by only, tenants are unaware of sale.
    Exterior Features

    Lot Features Street Level Number Of Separate Electric Meters 4 Open Parking Spaces 3 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls Cooling None Cooling YN No

    Property Features

    Additional Parcels YN No Cap Rate 3.42 Common Interest Community Apartment Community Features Curbs Electric Expense 650 Fuel Expense 650 Garage YN No Gross Income 0 Gross Scheduled Income 74492 Insurance Expense 1080 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Maintenance Expense 1800 Net Operating Income 47865 New Construction YN No New Taxes Expense 17712 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 24392 Other Expense 800 Pest Control Expense 200 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 650 Vacancy Allowance 2235 Water Sewer Expense 650 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Shane Young of Dan Lewin, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T22:25:09.723. 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 deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The Parsons Team | Keller Williams Realty
    251 S. Lake Ave #150
    Pasadena CA, 91101