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2218 Torrance Boulevard, Torrance, CA 90501

Commercial property · 2 recorded sales since 2020

2218 Torrance Boulevard, Torrance, CA 90501 Sold June 2020 CRMLS
$1,565,000Sold June 2020

Listing Agent: Edward Kaminsky (DRE #00958114) · Listing Office: Strand Hill Christies International Real Estate · Contact: 310-798-1277 · Bought with: Federico Quevedo · Turin Trade, Inc. · MLS #SB20001455 · Source: CRMLS

4,948
Building Sq Ft
9
Units
5.40%
Cap Rate
$90,537
NOI
6,000 sqft
Lot Size
1948
Year Built
Commercial property
Type

About this commercial property

This mixed use retail/apartment opportunity is centrally located in Torrance in a non-rent controlled building. This great investment opportunity features 6 apartment units (4 studios, two 1 bed/1 bath,) and 3 ground floor retail units with 100% occupancy. All units are individually metered for gas and electric. Four 1 car garages provide off street parking near the rear of the building. This property enjoys close proximity to Old Torrance's shops and restaurants, Del Amo Fashion Center, local beaches as well as the 405, 105, 91 and 110 for easy commuting.

Listing description from the June 2020 sale, as reported to CRMLS.

Sale history

$1,565,000
Sold June 2020 · listed $1,669,000, on market January 2020 · MLS #SB20001455 · Source: CRMLS
Listing Agent: Edward Kaminsky · Listing Office: Strand Hill Christies International Real Estate · Contact: 310-798-1277 · Bought with: Federico Quevedo · Turin Trade, Inc.
$1,565,000
Sold June 2020 · listed $1,669,000, on market January 2020 · MLS #SB20001502 · Source: CRMLS
Listing Agent: Edward Kaminsky · Listing Office: Strand Hill Christies International Real Estate · Contact: 310-798-1277 · Bought with: Federico Quevedo · Turin Trade, Inc.
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