Property · 2 recorded sales since 2014
Listing Agent: Jonathan Nikfarjam (DRE #01856803) · Listing Office: Shield CRE, Inc. · Contact: 310-593-9869 · Bought with: Shawn Nejad · Vista Sotheby's International Realty · MLS #25609193 · Source: CRMLS
Outstanding Owner-User Opportunity with Renovated 2-Bedroom Unit Delivered Vacant | Highly Desirable North Torrance Location - Across the Street from Alondra Park & a Few Blocks from El Camino College | Each Unit Contains Individual Hot Water Heaters & Private Patios | Unit Mix of (Four) 2-Bedroom/1-Bathroom Units | 5.02% Current Cap Rate & 14.03 Current GRM | 6.13% Pro-Forma Cap Rate & 12.08 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | Main Sewer Line Has Been Replaced | On-Site Laundry Facility - Generates Additional Annual Income | Total of 4 Garage Spaces | Strong Neighboring Employment: Northrup Grumman, Raytheon, SoFi Stadium, Intuit Dome, Los Angeles Times, Hollywood Park Tomorrow & LAX Airport | Qualifies for Attractive Residential Financing
Listing description from the December 2025 sale, as reported to CRMLS.