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 #
CRPV24169147
MLS Source
California Regional MLS
Appliances
Other
Flooring
Laminate
Laundry
Community Facility
Garage/Parking
Assigned Spaces, Garage: 8 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 18 | – |
23870 Los Codona Ave is a Residential Income in Torrance, CA 90505. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1964.
This address can also be written as 23870 Los Codona Ave, Torrance, CA 90505.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 06, 2024. For the most current information, please contact Brok Butcher, (310) 784-0040