Cameron Samimi
This listing was posted on RealtyWW.
$1,695,000
Home For Sale In Torrance, California
Price:
$1,695,000
BR/BA:
9 BR, 8 BA
Location:
775 Portola Ave, Torrance, CA
Description:
775 Portola Ave is an amazing opportunity to own six units offered at only $282k/unit. The subject property has over 50% upside in rental income. Whether you are long term or a value-add investor, the subject property is the perfect assets to help achieve your investment goals. 775 Portola Ave features a unit mix of (6) 1-Bed/1-Bath - each unit features 2 parking space (1 garage and 1 tandem), as well as washer/dyer hookups. Once fully rented for market and ADU is constructed ($300k), the property will operate at a 8.61% CAP and 7.64 GRM. This investment is located near Old Torrance- one of the more desirable pockets in Torrance. There are many shops and restaurants close by, as well as Del Amo Shopping Center. One of the highlights of Torrance is its excellent education system. The city is home to several top-rated public and private schools, providing residents with quality education options for their children.For more details: https://realtyww.info/homes_torrance-d525548/for-sale_i70697698
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More About this Listing: Home For Sale In Torrance, California
Home For Sale In Torrance, California is a 9 Bedroom Eight Bath Single-Family Homes for Sale at 775 Portola Ave in Torrance CA. Find other listings like Home For Sale In Torrance, California and listings near 775 Portola Ave by searching Oodle Classifieds for 9 Bedroom Eight Bath Single-Family Homes for Sale in Torrance CA.
Home For Sale In Torrance, California is a 9 Bedroom Eight Bath Single-Family Homes for Sale at 775 Portola Ave in Torrance CA. Find other listings like Home For Sale In Torrance, California and listings near 775 Portola Ave by searching Oodle Classifieds for 9 Bedroom Eight Bath Single-Family Homes for Sale in Torrance CA.