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1645 Beech Ave
Torrance, CA 90501
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Highly Desirable Old Town Torrance Location | No Local Rent Control – Defaults to AB 1482 | Less Than 4 Miles from the Beach & Redondo Beach Pier
- Approximately 19% in Rental Upside – 4.88% Pro-Forma Cap Rate & 14.52 Pro-Forma GRM | Laundry Facility with Newer Washer & Dryer and Hot Water Heater
- Newer Upper Exterior Deck (2020), Six Garage Parking Spaces & Most Units Re-Piped with Copper Plumbing
- All-Electric Building | Great Unit Mix of (One) 3-Bed/2-Bath, (Three) 2-Bed/1-Baths & (Two) 1-Bed/1-Baths | 3.83% Current Cap Rate & 17.23 Current GRM
- Front House w/ Newer Vinyl Plank Floors & Remodeled Kitchen & Bathrooms | Unit #6 Contains Vinyl Plank Floors in Kitchen (2021) & Water Heater (2020)
- Close Proximity to Del Amo Fashion Center, Village Del Amo & South Bay Galleria
Property Facts
| No. Units | 6 | Building Size | 5,840 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.03/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | TORR-MD | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,840 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | TORR-MD |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $3,250 | - |
| 2+1 | 3 | $2,172 | - |
| 1+1 | 2 | $1,764 | - |
Property Taxes
| Parcel Number | 7355-013-010 | Improvements Assessment | $1,794,690 |
| Land Assessment | $1,040,400 | Total Assessment | $2,835,090 |
Property Taxes
Parcel Number
7355-013-010
Land Assessment
$1,040,400
Improvements Assessment
$1,794,690
Total Assessment
$2,835,090
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