14 units @ Torrance

Contact
photo of Hoang Do
Hoang Do
Greenfield Realty, Inc #01939992
Phone:
714.277.3993
Mobile:
714-712-0012
Info@DoHoangRealtor.com
DRE #01319281

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17302 Ermanita Ave
Torrance, CA 90504
Los Angeles, US
$3,899,000.00 listing calculator
Cap Rate: 4.6%
Net Income: $240,114.00/year
Status: Sold (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
MLS ID: OC20036434


Overview
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call: 714-712-0012
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
Buy this or buy 3 of them as bundle

16929 S Dalton ave , Gardena 10 units : $2,499,000
16903 S Dalton Ave Gardena 4units : $1,499,000

General Features


List Date:
02/17/2020
Garage:
14

Public Schools


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

Full Description


 

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 

 

16929 S Dalton ave , Gardena 10 units : $2,499,000

 

Availability Calendar


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Rental Rates


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