CA > Torrance
Torrance, CA 90505,23836 Ocean AVE
Torrance, CA 90505,23836 Ocean AVE
Torrance, CA 90505,23836 Ocean AVE
$1,715,000
Est. payment /mo
$1,850,000
7.3%
Est.Price: ?

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6,059 Sqft Lot
SOLD DATE : 11/18/2022

Key Details

Sold Price $1,715,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB22133798

Sold Date 11/18/22

HOA Y/N No

Year Built 1964

Lot Size 6,059 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Los Angeles

Area 129 - South Torrance

Zoning TORR-MD

Interior

Fireplaces Type Dining Room, Living Room, Outside

Fireplace Yes

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Dog Park, Golf, Park, Street Lights, Suburban, Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7378012063

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Special Listing Condition Standard

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Diego Magdaleno

Diego Magdaleno

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California Regional MLS (CRMLS)
Listed by Bill Ruane • RE/MAX Estate Properties
Bought with Bill Ruane • RE/MAX Estate Properties
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