Description

Rare opportunity to acquire a well-maintained 4-unit building in a high demand neighborhood of Mid-Torrance. Situated on a quiet residential street, this property presents an excellent buy and hold investment in the heart of a thriving city. Situated near Columbia Park, it is down the street from Edison Elementary School. Close-by is Trader Joe’s, and Del Amo Shopping Center is 5 minutes straight down Prairie Avenue. This property provides tenants with an excellent work-life balance and rents up quickly. Nearby freeway access connects you quickly to dining and entertainment in the South Bay and beyond. The property has undergone $230,000 in upgrades the last seven years and is in great condition. It is poised for future investment growth and maximum ROI. The building features 4 apartments in total; 3 units with a popular 2BD/2BA townhouse layout and 1 unit with a sought-after 3 BD/2BA layout. Interiors are spacious, well-proportioned and filled with natural light. Three townhouse units have a small private yard. The building offers two shared 2-car garages, one private driveway spot, a guest parking spot, and ample street parking. The building exterior shows attractive, low-maintenance landscaping with mature shrubs and a tidy front lawn for strong curb appeal.