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20414 Kenwood Ave
Torrance, CA 90502
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Five Units across Three Detached Bungalow Style Buildings plus Vacant Land and estimated 50% Upside in Current Rents
- 8% Pro-forma Cap Rate After ADU Development
- Close to Old Town Torrance, Del Amo Fashion Center, restaurants, shops, and services; just minutes from Redondo, Hermosa, and Manhattan Beaches
- Corner Lot zoned LCR2 with alley access and ±3,000 SF of vacant land suitable for +/- (6) ADU's
- Located in South Bay, Unincorporated Los Angeles County, with a Torrance mailing address
Property Facts
| No. Units | 5 | Building Size | 1,889 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Building Class | C | Parking Ratio | 3.71/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | LCR2 - LCR2 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 1,889 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1925 |
| Parking Ratio | 3.71/1,000 SF |
| Zoning | LCR2 - LCR2 |
Amenities
Unit Amenities
- Tile Floors
- Kitchen
- Granite Countertops
- Walk-In Closets
Site Amenities
- Courtyard
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,270 | 288 |
| 1+1 | 1 | $1,595 | 288 |
| 2+1 | 1 | $1,720 | 733 |
| Studios | 1 | $1,212 | 288 |
| Studios | 1 | $1,386 | 288 |
Property Taxes
| Parcel Number | 7350-013-035 | Improvements Assessment | $222,339 |
| Land Assessment | $408,625 | Total Assessment | $630,964 |
Property Taxes
Parcel Number
7350-013-035
Land Assessment
$408,625
Improvements Assessment
$222,339
Total Assessment
$630,964
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