22720 Harvard
Torrance, CA 90501
0.19 acres | #SB25231210
Description
8-Unit Apartment Building | First Time on Market in 26 Years!<br />Rare investment opportunity: two 4-unit buildings on one parcel. Each unit is 2 bed/1 bath. Huge upside in rents with a possible 10.3% market CAP and 7.7 market GRM! Upgrades include new roofs, new electrical panels, 68 new vinyl windows (2025), and freshly painted exterior. One remodeled unit is rent-ready. Most units feature updated vinyl/tile flooring. All units include gas range, water heater, and gas wall furnace. 1 covered carport space per unit. Shared courtyard. Many long-term tenants. Subject to City of Los Angeles Rent Control (RSO). Convenient location near freeways, shopping, and restaurants. Huge rental upside.
Property Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
- InteriorCeilingFans, CeramicCounters, QuartzCounters
- Lot DescriptionZeroToOneUnitAcre, BackYard, RectangularLot
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,795,000
- MLS #SB25231210
- MLS #SB25231210
- Property SubtypeMixedUse
- Cost1795000
- Acres0.1852
- FoundationRaised
- Utility SourcePublic
- Year Built1955
- Stories2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Provided By
Listing Agent: Jim Porter (#SPORTJIM)
Listing Office: Porter Heritage (#S6106)
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