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17302 Ermanita Ave
Torrance, CA 90504
Multifamily Property For Sale · 17 Units

INVESTMENT HIGHLIGHTS

  • Assumable Financing @ 5.25% interest Rate. $3.9M of the Loan is Assumable - Subject to Buyer Qualification
  • Unit Mix: (1) 2-Bed/2-Bath Units, (5) 2-Bed/1-Bath, (7) 1-Bed/1-Bath, (4) Studio
  • Each Unit Remodeled w/ Washer, Dryer & AC
  • 11,695 RSF Total: (2) Buildings Total & (3) ADUs on a Massive 29,992 SF Lot
  • Recent Exterior Capital Improvements: New Roof, Windows, Front Doors, Wood Siding, Exterior Paint, Copper Plumbing, New Electrical & New Drain Lines
  • Well Landscaped Building w/ a Shared BBQ & Fire Pit Area For Tenants to Enjoy

PROPERTY FACTS

No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.69 AC
Building Size 9,911 SF
Average Occupancy 93%
No. Stories 1
Year Built 1962
Parking Ratio 1.43/1,000 SF
Zoning R3, Torrance

AMENITIES

UNIT AMENITIES

  • Air Conditioning

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 4 $2,325 525
1+1 7 $2,671 372 - 749
2+1 5 $2,960 851 - 883
2+2 1 $3,325 1,158
  • Listing ID: 30054985

  • Date on Market: 11/14/2023

  • Last Updated:

  • Address: 17302 Ermanita Ave, Torrance, CA 90504

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