Property Details
About this Property
18 unit residential apartment building in prime Walteria/South Torrance area. Situated in a strong rental market, this well maintained building offers a mix of spacious 1 & 2 bedroom apartments with 1 studio & a bonus unit. -INCOME- Current gross scheduled income is $290,352/year. However, pro forma/market rents could bring the Gross scheduled income conservatively to around $425,000/year. -LAYOUT- Large 11,738 sqft building on a 17,440 sqft lot. 25 bedrooms in total with 19 bathrooms and a bonus, 450 sqft studio that is currently being used for storage. 9 (1 bedroom/1 Bath), 8 (2 bedrooms/1 Bath) & 1 (Studio). Total of 18 garage spaces; 8 covered garages w/ auto door openers & 10 covered garages. Co-Op shared laundry room w/ 2 washing machines & 2 dryers. Rent includes trash & water while tenants pay electrical, gas, cable, etc. Each unit comes with a stove. -SCHOOLS- Top rated school district in the country; 10/10 South High school, 9/10 elementary and middle schools. -MAINTENANCE/UPDATES- Exceptionally Maintained throughout the years w/ a new roof in 2020, new dual pane windows & gutters throughout (2017), new sprinklers covering the entire lot (2017), water heater (2017), most individual fuse boxes are less than 10 years old, & exterior painting of entire buil
MLS Listing Information
MLS #
CRPV24169147
MLS Source
California Regional MLS
Interior Features
Appliances
Other
Flooring
Laminate
Laundry
Community Facility
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 8 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 18 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
23870 Los Codona Ave is a Residential Income in Torrance, CA 90505. This – square foot property sits on a 17,440 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,225,000 and was built in 1964. This address can also be written as 23870 Los Codona Ave, Torrance, CA 90505.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Brok Butcher, (310) 784-0040
