18 unit residential apartment building in prime Walteria/South Torrance area. Situated in a strong rental market, this well maintained building offers a mix of spacious 1 and 2 bedroom apartments with 1 studio and a bonus unit. -INCOME- Current gross scheduled income is $290, 352/year. However, pro forma/market rents could bring the Gross scheduled income conservatively to around $425, 000/year. -LAYOUT- Large 11, 738 sqft building on a 17, 440 sqft lot. 25 bedrooms in total with 19 bathrooms and a bonus, 450 sqft studio that is currently being used for storage. 9 (1 bedroom/1 Bath), 8 (2 bedrooms/1 Bath) and 1 (Studio). Total of 18 garage spaces; 8 covered garages w/ auto door openers and 10 covered garages. Co-Op shared laundry room w/ 2 washing machines and 2 dryers. Rent includes trash and water while tenants pay electrical, gas, cable, etc. Each unit comes with a stove. -SCHOOLS- Top rated school district in the country; 10/10 South High school, 9/10 elementary and middle schools.
Extra Information for 23870 Los Codona Ave Torrance, CA
- Seller Type:
- Category: Single-Family Houses
- Square Feet: 738
- Amenities: Cable or Satellite,Parking,Storage
- Listed Date: Aug 21, 2024