2758 Orange Avenue, Torrance, CA 90501
-
Listed Price :
$6,500,000
-
Beds :
29
-
Baths :
28
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Property Size :
16,464 sqft
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Year Built :
1964
Property Description
We are pleased to present this turnkey 15-unit townhome-style apartment community in the heart of Old Torrance. This asset includes two (2) 3-bed/2-bath, ten (10) 2-bed/1.5 bath, one (1) 1-bed/1.5 Bath, (2) 1-bed/1-bath. GREAT ADU potential (15 on site parking spaces). 12 of the 15 units have been remodeled and professionally designed with high-end finishes. Major CAPEX projects have been completed over the last year including complete electrical panel replacements (main panel and all subpanels), partial roof replacement (the rest is in good shape), new exterior paint, gutters and lighting. 13 units have private patios too. All units share a laundry room, recently upgraded with Shinepay equipment = extra income! All units are occupied by qualified, long-term, at/near market tenants. Buyer will have opportunity to add 5 ADU's. NO LOCAL RENT CONTROL - subject to only AB 1482. Located in the highly desirable Old Torrance Neighborhood, just minutes from Del Amo, Old Torrance stores, and the beach.
Interior Features
| Bedroom Information |
| Bedrooms |
29 |
| Bathroom Information |
| Bathrooms |
28 |
| Interior Information |
| Features |
Ceiling Fan(s) |
Listing Information
| Address |
2758 Orange Avenue |
| City |
Torrance |
| State |
CA |
| Zip |
90501 |
| County |
Los Angeles |
| Listing Agent |
Noam Srolovitz DRE #02069623 |
| Co-Listing Agent |
Benjamin Lester DRE #02033314 |
| Courtesy Of |
Kape Property Management, Inc. |
| List Price |
$6,500,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
16,464 |
| Lot Size |
21,789 |
| Year Built |
1964 |
Listing information courtesy of: Noam Srolovitz, Benjamin Lester, Kape Property Management, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 6th, 2025 at 12:13 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
