2403 W Carson Street, Torrance, CA 90501
Triplex
Sold October 2024
Listing Agent: Steven Bogoyevac (DRE #01332755) · Listing Office: Steven M. Bogoyevac, Broker · Contact: steve.bogoyevac@marcusmillichap.com · Bought with: David O'Keefe · Marcus & Millichap · MLS #PW24195645 · Source: CRMLS
About this triplex
2403 West Carson Street is a well-maintained triplex in Torrance, California. This sought-after rental market boasts a strong tenant base; the average household income within one mile is over $140,000, and the property is in a great rental location across from Torrance High School, a short walk to Wilson Park and the Torrance Farmer’s Market, and proximate to Old Town Torrance. 2403 West Carson Street is a 1967 construction on a corner lot and offers two one-bed/one-bath units and one two-bed/one-bath unit. The building also features three single-car garages with tandem driveway parking, on-site laundry (machines are owned), and a fenced shared yard for tenants’ enjoyment. Unit B, a one-bedroom unit, has been remodeled and boasts hardwood flooring, an upgraded kitchen with granite countertops and custom cabinetry, and a recent $30K bathroom renovation that included the installation of a new tankless water heater. Current rents offer a new investor 33 percent rental upside and there may be potential for one ADU conversion (buyer to verify), making this a great value-add opportunity in the desirable South Bay rental market.
Listing description from the October 2024 sale, as reported to CRMLS.
Sale history