1344 W 225th St | Torrance, CA 90501
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- LoopNet Team
1344 W 225th St
Torrance, CA 90501
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Strong Rental Demand in The South Bay
- Attractive Initial Cap Rate of 5.60% with Significant Upside to 9.35% at Market Rents
- Historically High Occupancy
- Stable Income-Producing Asset in a Desirable Los Angeles County Market
- Substantial Rental Growth Potential: Approximately 43% Upside to Achieve Market Rents
- Excellent Unit Mix Features One and Two-Bedroom Floor Plans | Average Unit Size of ±769 Square Feet
Property Facts
| No. Units | 10 | Building Size | 7,688 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.17/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | R3-1, Los Angeles | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 7,688 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.17/1,000 SF |
| Zoning | R3-1, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,716 | 670 |
| 2+1 | 9 | $1,641 | 780 |
Property Taxes
| Parcel Number | 7347-006-017 | Improvements Assessment | $458,856 |
| Land Assessment | $552,440 | Total Assessment | $1,011,296 |
Property Taxes
Parcel Number
7347-006-017
Land Assessment
$552,440
Improvements Assessment
$458,856
Total Assessment
$1,011,296
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