1751 Cabrillo Avenue, Torrance, CA 90501
Property · 2 recorded sales since 2022
Sold August 2023
Listing Agent: Noam Srolovitz (DRE #02069623) · Listing Office: Kape Property Management, Inc. · Contact: 310-912-7808 · Bought with: Trey Mitchell · CB Richard Ellis, Inc. · MLS #23275022 · Source: CRMLS
About this property
We are pleased to present this 11 unit apartment community located in the center of the vibrant Old Town Torrance neighborhood. This asset is comprised of an attractive unit mix, including one 3-Bed/2-Bath, four 2-Bed/2-Bath, one 2-Bed/1-Bath & five 1- Bed/1-Bath. Unit J (1 Bed) and Unit K (3 Bed/2 Bath) are brand new ADU professionally designed apartments, fully permitted. Unit J is leased at $2,550/month and Unit K is currently vacant and ready to lease (application pending at $3,700/month). No other vacancies - these apartments lease FAST. Over the past 2 years, the building, common areas and units have been substantially upgraded (plumbing and drain lines, electrical, windows (some), exterior paint and repairs, upgraded lighting, new mailboxes, etc.), and only 2 units have not yet been remodeled. Extremely walkable neighborhood, with restaurants, markets, breweries and local retail up-and-down surrounding blocks. NO LOCAL RENT CONTROL - subject only to AB 1482.
Listing description from the August 2023 sale, as reported to CRMLS.
Sale history
