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25602 January Drive 25602 January Dr 4 Unit Apartment Building $2,200,000 ($550,000/Unit) Torrance, CA 90505
INVESTMENT HIGHLIGHTS
- Excellent opportunity to acquire an asset consisting of a single-family home and a triplex in the sought-after Walteria neighborhood of Torrance
- Rear triplex offers all one-bedroom units and three single-car garages
- Outstanding location in an affluent neighborhood of the inland South Bay, walkable to Rolling Hills Plaza’s numerous popular dining and retail options
- The front home faces January Drive, a quiet residential street, and is a three-bed/two-bath that will be delivered vacant - great owner/user option
- Current rents offer 25 percent potential upside
EXECUTIVE SUMMARY
Rare opportunity to acquire a vacant single-family home + a triplex on a cul-de-sac in the sought-after Walteria neighborhood! This property consists of a 3BD/2BA home that faces January Drive, a quiet residential street, and a rear triplex with all 1BD/1BA units that backs up to Crenshaw Boulevard. The front home will be delivered vacant, making this an excellent owner/user or value-add opportunity. Furthermore, current rents of the triplex offer a new investor 25 percent rental upside. The front home features updated electrical, a single-car garage, and new interior paint. The triplex offers three single-car garages that are easily accessed via Crenshaw Boulevard. This property boasts an outstanding location in an affluent neighborhood, walkable to Rolling Hills Plaza and its numerous popular retailers and dining options, and on the border of Rolling Hills Estates.
PROPERTY FACTS
| Price | $2,200,000 | Lot Size | 0.13 AC |
| Price Per Unit | $550,000 | Building Size | 2,509 SF |
| Sale Type | Investment | Average Occupancy | 75% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | Parking Ratio | 1.59/1,000 SF |
| Building Class | C | ||
| Zoning | TORR-MD - Residential | ||
| Price | $2,200,000 |
| Price Per Unit | $550,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 2,509 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | TORR-MD - Residential |
AMENITIES
UNIT AMENITIES
- Kitchen
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | - | - |
| 1+1 | 3 | - | - |
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 7536-004-011 | Improvements Assessment | $612,000 |
| Land Assessment | $999,600 | Total Assessment | $1,611,600 |
PROPERTY TAXES
Parcel Number
7536-004-011
Land Assessment
$999,600
Improvements Assessment
$612,000
Total Assessment
$1,611,600
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25602 January Drive | 25602 January Dr
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