Description

First time on the market in over 30 years! This well-maintained 5-unit building in charming Old Torrance features a classic mid-century vibe. Units feel like individual homes with backdoors from the kitchen, built-in bookshelves, original hardwood floors in excellent condition, separate dining rooms, newer windows (all except one unit), tile baths, appliances light and bright. Mix is four spacious 1BD/1BA units plus one 2BD/1BA unit with fireplace and separate dining. Upside potential in bringing Rents up to market rate. On-site coin laundry adds extra income. Includes 4 garages, driveway, and street parking. Property has lifestyle amenities in all directions, Downtown OLD Torrance shops, restaurants, Wilson Park, DEL AMO MALL ,Torrance High School. Torrance has an excellent education system. The city is home to several top-rated public and private schools, providing residents with quality education options for their children. Major employers i.e, Honda HQ., Chevron, Harbor UCLA hospital, Little Company of Mary, 405 & 110 FWYs and minutes to Redondo Beach. No local rent control.