Fixer Upper
Address
1456 W 220th Street Torrance, CA
Price
$ 826,000
Property Attributes
  • MLS#SB21237503
  • TypeIncome
  • CountyLOS ANGELES
  • CityTorrance
  • AreaHarbor Gateway
  • Zip90501
  • StyleTraditional
  • Price$ 826,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2250
  • Lot Size9,002 SqFt
Listing Provided Courtesy Of:
Evelyn Baez Gonzalez with Lyon Stahl Investment Real Estate, Inc. - 951-902-3006
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

1456 w 220th st is. great value add opportunity in Torrance P.O (Subject to LA City Rent Control). Quadruplex with a lot of upside potential in rental income as units turnover and potential to convert garages into ADUs (accessory dwelling units). The property has four 1 bedroom 1 bath units. Each units its own water heater and washer and dryer hoook up. Property is situated on a large 9,002 SF lot with ample on-site parking in addition to 4 detached garages. The building is easy to manage with tenants paying their utilities; the landlord is only responsible for DWP. All tenants are current on rent and have been paying through COVID. With market CAP Rate of over 7.64%, this property is being offered at only $206,500 per unit. This property is located 1/2 Mile from Harbor-UCLA Medical Center, Commute from Del Amo Fashion Center, Torrance Crossroads & Rolling Hills Plaza -Located within 5 Miles of the Redondo Beach Pier & the Beach...***Property is subject to LA City rent control. It will also be delivered with tenants in place.

Price History
11/2/2021 Listed $826,000

General Features

Accessibility Parking
Architectural Style Traditional
Co-Listing Agent State License # 01315042
Co-listing Agent Olga Wright - BRE#01315042
Community Features Sidewalks
Cooling None
Facing Direction North
Flooring Carpet, Laminate
Garage Spaces 4
Garage Y/N Yes
Heating Wall Furnace
Interior Features All Bedrooms Down, French Door(s)/Atrium Door(s)
Levels One
Listing Agent Evelyn Baez Gonzalez - BRE#02103055
Listing Agent State License 02103055
Lot Size Square Feet 9002
MLS Area 122 - Harbor Gateway
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
PropertyCondition Fixer
Roof Shingle
Senior Community Y/N No
Sewer Public Sewer
Spa Features None
Special Listing Conditions Standard
Status Active
Stories 1
Terms Cash, Conventional, Contract
Total Actual Rent 2594
Total Units 4
Utilities None
View None
Water Sewer Expense 2100
Zoning LAR2

Interior Features

Common Walls 1 Common Wall
Fireplace Features None
Heating Y/N Yes
Laundry Features Washer Hookup

Exterior Features

Door Features Atrium Doors
Fencing None
Lot Features 0-1 Unit/Acre
Lot Size Acres 0.21
Lot Size Area 9002
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Parking Features Garage, On Site, Public
Road Frontage Type City Street
Road Surface Type Paved
Total Parking 4
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Bedroom
Living Room

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90501

Price
AVG $1.17M
$830K
Visits
AVG 45
8
Year Built
AVG 1958
1943
Walkscore
AVG 69
72
Data Provided by Walkscore ® not using MLS data

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