15-Bedroom ResidentialIncome — 21110 Wood Avenue, Torrance, CA

About this property

Price Reduced by Over $600,000 | 18-Unit Apartment in Highly Desirable West Torrance Location | Located Approximately 1 Mile from the Pacific Ocean & Redondo Beach Pier and Close Proximity to Del Amo Fashion Center, King Harbor & Village Del Amo | Large 13,787-SF Lot | Desirable Opportunity to Add ADUs | Total of 18 Garage Spaces | No Local Rent Control - Defaults to AB 1482 | 5.68% Current Cap Rate & 11.76 Current GRM | 6.65% Pro-Forma Cap Rate & 10.47 Pro-Forma GRM | Four Units Delivered Vacant | Common Area Courtyard | On-Site Laundry Facility - Generates Additional Annual Income

Property details

Location

21110 Wood Avenue • Torrance, CA 90503

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Listed by

Jonathan Nikfarjam · Shield CRE, Inc.