Torrance, CA 90501,1549 Plaza Del Amo
Torrance, CA 90501,1549 Plaza Del Amo
Torrance, CA 90501,1549 Plaza Del Amo
6
$1,015,000
$1,015,000
Est.Price: ?

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7,422 Sqft Lot

1549 Plaza Del Amo Torrance, CA 90501

Est. payment /mo
SOLD DATE : 09/08/2021

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Key Details

Sold Price $1,015,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB21125088

Sold Date 09/08/21

HOA Y/N No

Year Built 1961

Lot Size 7,422 Sqft

Property Description

1549 Plaza Del Amo Torrance is a great value-add opportunity in Torrance. Quadruplex with lot of upside potential in rental income as units turnover and potential to convert garages into ADUs (accessory dwelling units). The property has an excellent unit mix of all 2 bedroom 1 bath units. It has been re-pipped with copper plumbing, has brand new water heaters in each unit and 2-year-old roof with 15-year warranty. Property is situated on a large 7,422 SF lot with ample on-site parking in addition to 3 detached garages (one 2-car garage and two 1-car garages). The building is easy to manage with tenants paying their utilities; the landlord is only responsible for DWP. All tenants are current on rent and have been paying through COVID. With market CAP Rate of over 5.8%, this property is being offered at only $260,000 per unit.

Location

State CA

County Los Angeles

Area 122 - Harbor Gateway

Zoning LARD1.5

Interior

Interior Features All Bedrooms Down

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Spaces 3.0

Garage Description 3.0

Fence Brick, Barbed Wire

Pool None

Community Features Storm Drain(s), Sidewalks

Utilities Available None

View Y/N No

View None

Roof Type Asbestos Shingle

Accessibility None

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Walkstreet

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7347007035

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract

Listing Terms Cash, Cash to New Loan, Conventional, Contract

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc.
Bought with Wilson Ing • Wilson Ing, Broker

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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