Sold

23836 Ocean Avenue

Torrance CA, 90505

$1,715,000


$388.89 per sqft

Sold

4,410 sqft

Multi-family

Built in 1964

Listed by Bill Ruane with RE/MAX Estate Properties 310-322-1425

A great opportunity for an astute investor. This offering consists of a front house and three income-producing units in the back. The front house has 3 bedrooms/2 baths The three rear units are composed as follows: two units of 2 bedrooms/ 1 bath; one unit of 2 bedrooms/ 2 baths. All of the units are large. The building is 4,410 sq. ft and sits on 6,083 sq. ft of land. The structure was built 1964. All units are rented and there is plenty of upside potential in rents.

A superb investment opportunity to own a quadruplex in a great location in Torrance. The subject property has easy access to Pacific Coast Highway and Hawthorne Blvd. It is situated in a great location - very close to the Lago Seco Park, Walteria Lake, retail strips and shops, restaurants, and other amenities.

SB22133798

MLS ID

June 30, 2022

Listed

March 23, 2024

Updated

Map

23836 Ocean Avenue
Torrance CA, 90505

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

Yes


Fireplace Description

Dining Room, Living Room, Outside


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

0-1 Unit/Acre


Sewer

Public Sewer

Other Property Details

Area Name

129 - South Torrance


Days on Market

36


Garage

Yes


Garage Spaces

4


Parking Total

5


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

TORR-MD


Buyer Agency Compensation

2.5%

Listing Contact: 310-322-1425 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:36 AM UTC

 

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