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Key Details
Sold Price $1,072,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 1,948 sqft
Price per Sqft $550
MLS Listing ID CRSB24117045
Sold Date 10/29/24
HOA Y/N No
Year Built 1930
Lot Size 4,782 Sqft
Acres 0.11
Property Description
Subject to Cancellation of Existing Escrow. Mixed use property on a knoll above high traffic Torrance Bl. in nice area of Old Torrance. Property still shows as a triplex in the tax rolls. City of Torrance permits from early 1980's show front duplex turned into four office spaces with two bathrooms and kitchenette. Three of the four offices rented at below market rents and the owner is using suite #2. Above the three car garage in the rear is a two bedroom apartment. Separate patio and yard area for this unit. There are also three side by side parking spaces for the front offices on the side alley. Property has been well kept. Rents are low. Could turn the front four offices back into two 1 bedroom, 1 bath units each with a garage and one extra parking space would easily rent for at least $2,200 per month each. Front structure is also 1,248 sqare feet so it could also be turned into one house. No State or City Rent Control on office property. Large front yard. Great potential and great upside.
Location
State CA
County Los Angeles
Area Listing
Zoning TOCC
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Laundry Room, Other
Exterior
View Y/N false
View None
Building
Lot Description Other, Back Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 7355005004
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with EnriqueEsparza Martinez