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Home For Sale

Picture of Home For Sale in Torrance, California, United States

$1,380,000

18344-18346 Roslin Ave
Torrance, California, United States

7bd 5ba

Listed By: Realtyww Info

Listed On: 06/19/2023

Listing ID: GL9997880 View More Details

Description

Great opportunity to own a duplex property in North Torrance since you don't find many duplex properties in Torrance! The subject property is conveniently located in North Torrance where the rent demand remains always strong! The front unit (1, 228sf) has spacious 3 bedrooms / 2 bathrooms / 2-car garage and the tenant is currently paying $2, 800 per month. The unit in the back is a separate 2-story house which consists of 4 bedrooms upstairs and 2.5 bathrooms. The unit has about 2, 400 sf living space and the current tenant pays $3, 500 per month. With a little bit of upgrades, this property will be shine and stand out from other properties in the area. The asking price per square feet is only $377 per sf which is also below the average market price. Property highlights: A few steps to Columbia Park, one of the largest recreational parks in South Bay 10 minutes drive to Redondo Beach 15 minutes to Los Angeles International Airport Potential to generate over 5% CAP rate Rare opportunity to own 4-bedroom unit (Perfect fit for a large family and Market rent should be at least $4, 500 per month) Great school district (North High School has a rating of 8/10) Walking distance to middle school and high school Close proximity to Del Amo Shopping Center and many other retail shopping centers.

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Listed by: Solidon Real Estate
Source: The World Property Journal

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