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$1,949,000
Est. $9,205/mo
-- Bed-- Bath-- Sqft

1573 Torrance Boulevard, Torrance, CA 90501

Listed by Steven Bogoyevac
Private Multi-Family Home With Upgrades

1573 Torrance Boulevard presents an excellent opportunity to acquire an asset with a great unit mix in the desirable inland South Bay rental market and capture a major 46 percent potential upside in rents. 1573 Torrance Boulevard is a 1963 construction with six two-bedroom/one-bath and three one-bedroom/one-bath units that are separately metered for gas and electricity. Four of the units feature private balconies, one unit boasts a large private back patio, and one unit has tapped into a garage for additional living space. The property also offers on-site laundry and ample tuck-under and surface parking.Recent improvements include a new roof, which is currently being installed and will be completed before close of escrow, a new main water heater, and recent interior upgrades. The property is located one block east of Western Avenue and offers convenient access to the 405 and 110 Freeways as well as the popular dining, shopping, and entertainment options in Old Town Torrance. Investors should also take in consideration the opportunity this property offers to the possibility of building an accessory dwelling unit (ADU) addition (buyer to verify). An accessory dwelling unit (ADU) is a smaller, independent residential dwelling unit located on the same lot as a stand-alone (i.e., detached) residential building.

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1573 Torrance Boulevard
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Currently Viewing This Home
$1,949,000
Price Per Sq. Ft not available
Bedrooms not available
Bathrooms not available
Sq. Ft not available
0.17 Acre(s)
Built 1963
$1,750,000
Price Per Sq. Ft not available
Bedrooms not available
Bathrooms not available
Sq. Ft not available
0.16 Acre(s)
Built 1958
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Listing provided by
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Steven BogoyevacListing Agent(562) 436-5800
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$1,949,000

-- Bed-- Bath-- Sqft

1573 Torrance Boulevard, Torrance, CA 90501

Call to ask about this home today!

(424) 260-8022
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