14 units @ Torrance

Contact
Hoang Do
TransGlobal Realty DRE# 01911407
500 Technology Dr
Irvine , CA 92618
Phone:
714.277.3993
Mobile:
714-712-0012
Info@DoHoangRealtor.com
DRE #01319281

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1***** Ermanita Ave
Torrance, CA 90504
Los Angeles, US
$4,350,000.00
Cap Rate: 4.6%
Net Income: $240,114.00/year
Status: Available (For Sale)
Type: Multi-family
Use Type: Investment Properties
Tenancy: 14
Size: 9,910 Sq. Ft.
Lot Size: 30,056 Sq. Ft.
Year Built: 1962


Overview
Photos (2)
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Intended for Principals / Buyers only !! Off Market
call: 714-712-0012
( If you are a broker representing the buyer, you will need to be compensated by your client)

well kept properties. Long term tenants, No rent control, all month to month lease. Huge potential room for rent increase.
Also check out the other property for sale ( off Market)
Buy this or buy 3 of them as bundle
1*** S Dalton ave , Gardena 4 units
1**** S Dalton ave , Gardena 10 units

General Features


List Date:
11/09/2019
Garage:
14

Public Schools


Elementary School:
Evelyn Carr Elementa
Middle School:
Philip Magruder Midd
High School:
North High School

Full Description


Principals only !! Off Market

14 UNIT APARTMENT COMPLEX IS IN EXCELLENT CLEAN CONDITION AND IS LOCATED ON A QUIET CUL-DE-SAC STREET. THESE SINGLE LEVEL UNITS HAVE A NICE PRIVATE GRASS COURTYARD. RENTS ARE LOW & THERE'S ROOM FOR INCR
well kept properties. Long term tenants, No rent control, all month to month lease. Huge potential room for rent increase. 

Income are base by Proforma / Market rent. Nice & convenient location . please click link below for property's detail- Income & expenses

for detail request: email :info@DoHoangRealtor.com or call 714-712-0012

profoma 

gross income: $283,200

Total Expenses: ($34,590)

cap rate :  5.520%

https://cutt.ly/pe5aJxi

  units:14

1@ 2/2 $2100

3@ 0/1 $1400

6@  1/1 $1650

4 @ 2/1 $1850

 

current $9,983   profoma : $23,600 

Utilities Paid by Tenant: Electric & Gas 

Drive By only, Subject to interior inspection. Buyers to cooperate with seller for 1031 exchange

Also check out the other property for sale ( off Market)

Buy this or buy 3 of them as bundle
1****  S Dalton ave , Gardena 4 units

1***** S Dalton ave , Gardena 10 units

 

Availability Calendar


- Available - Unavailable

Rental Rates


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The information presented here is deemed reliable, though not guaranteed.