21013 Reynolds Drive, Torrance, CA 90503

About this property

This Non Rent Control 8-unit building in West Torrance presents the opportunity for an investor to experience long-term positive cash flow in a prime West Torrance location - between the Pacific Ocean and 3/4 of a mile from the newly reimagined Del Amo Fashion Center. Built in 1961, however, the property has experienced extensive interior and exterior renovation. Five of the eight units have been beautifully renovated with stainless steel appliances, granite countertops, new floors, new windows, new doors, ceiling fans and in-unit stack Washer/Dryer. The plumbing and electrical systems have also recently been upgraded. Eight (1) Bed + (1) Bath Units, Eight Single Garages, No-Rent Control, 100% Occupied, Positive Cash Flow, Pride of Ownership, Sunny & Bright Throughout, 4,350 Square Foot Building on a 6,900 Square Foot Lot (BTV), Walk To The Beach and Del Amo Fashion Center’s Shops and Restaurants.

Listing description from the May 2019 sale, as reported to CRMLS.

Sale history

$2,930,000

Sold May 2019 · listed $3,099,000, on market March 2019 · MLS #SB19067172 · Source: CRMLS

Listing Agent: Rachel Ezra · Listing Office: Vista Sotheby's International · Contact: 310-349-3000 · Bought with: Federico Quevedo · Turin Trade, Inc.

$2,775,000

Sold April 2018 · on market February 2018 · MLS #OC18040175 · Source: CRMLS

Listing Agent: Pat Swanson · Listing Office: Pat Swanson · Contact: 949-724-5564 · Bought with: Rick Edler · Vista Sotheby's Int'l Realty

$1,700,000

Sold March 2017 · on market February 2017 · MLS #SB17027700 · Source: CRMLS

Listing Agent: Gary Kooba · Listing Office: BerkshireHathaway HomeServices · Contact: 310-318-9386 · Bought with: Christine Grasso · Berkshire Hathaway HomeService

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