Torrance, CA 90501,2016 Plaza Del Amo
Torrance, CA 90501,2016 Plaza Del Amo
Torrance, CA 90501,2016 Plaza Del Amo
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Alessandra Imanabadi

Alessandra Imanabadi

Nationwide Fine Homes

+1(510) 504-2528
Listed by Mark Ehlers • Imperial Real Estate
$1,750,000
Est. payment /mo
2,854 SqFt
Save

UPDATED:

09/25/2024 06:01 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,854 sqft

Price per Sqft $613

MLS Listing ID CRSB24192830

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1959

Lot Size 6,496 Sqft

Property Description

Rare opportunity to acquire a corner-lot fourplex in Old Torrance that is insulated from traffic yet central to everything South Bay. Spanning 2,854 sf across a 6,496 sf lot and comprised of two single level and spacious 2-bed 1-bath units, together with two additional 1-bed 1-bath units situated atop four single car garages and balanced perfectly around a central yard, this building makes sense for owner occupants and investors alike. Both of the 2-bed units feel like single family living and will be delivered vacant, presenting an ideal setup for an owner-user looking to occupy one or more units while subsidizing the mortgage with additional rents. This property is ideally situated nearby schools (Torrance Elementary and Torrance High School), parks, and shopping, as well as easily accessible from Southern California employment hubs, such that rental demand will remain stable for the foreseeable future. There is no local rent control here (on information and belief only CA AB1482 applies, but buyer to verify) and gas and electric are separately metered. There are also several avenues to add value, such as repositioning the leases on the 1-bedroom units, converting owner’s storage space (laundry hookups present!) to community laundry facility for additional stream of income, a

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Gas Dryer Hookup, Other

Building

Lot Description Corner Lot

Water Public


Read Less Info
Bay East AOR and Contra Costa AOR