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3706 Redondo Beach Blvd
Torrance, CA 90504
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Highly Desirable North Torrance Location – Across the Street from Alondra Park & a Few Blocks from El Camino College
- Unit Mix of (Four) 2-Bedroom/1-Bathroom Units | No Local Rent Control – Defaults to AB 1482 | Main Sewer Line Has Been Replaced
- On-Site Laundry Facility – Generates Additional Annual Income | Qualifies for Attractive Residential Financing
- Residential Asset – Presents Desirable Owner-User Opportunity | Each Unit Contains Individual Hot Water Heaters & Private Patios
- 4.60% Current Cap Rate & 14.94 Current GRM | 6.13% Pro-Forma Cap Rate & 12.08 Pro-Forma GRM | Total of 4 Garage Spaces
- Strong Neighboring Employment: Northrup Grumman, Raytheon, SoFi Stadium, Intuit Dome, Los Angeles Times, Hollywood Park Tomorrow & LAX Airport
Property Facts
| No. Units | 4 | Building Size | 3,516 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.14/1,000 SF |
| Lot Size | 0.11 AC | ||
| Zoning | TORR-MH | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,516 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | TORR-MH |
Amenities
Unit Amenities
- Patio
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,225 | - |
Property Taxes
| Parcel Number | 4087-002-006 | Improvements Assessment | $450,688 |
| Land Assessment | $745,142 | Total Assessment | $1,195,830 |
Property Taxes
Parcel Number
4087-002-006
Land Assessment
$745,142
Improvements Assessment
$450,688
Total Assessment
$1,195,830
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