Mixed use property on a knoll above high traffic Torrance Bl. in nice area of Old Torrance. Property still shows as a triplex in the tax rolls. City of Torrance permits from early 1980's show front duplex turned into four office spaces with bathroom and kitchenette. Three of the four offices rented at below market rents and the owner is using suite #2. Above the three car garage in the rear is a two bedroom apartment. Separate patio and yard area for this unit. There are also three side by side parking spaces for the front offices on the side alley. Property has been well kept. Rents are low. Could turn the front four offices back into two 1 bedroom, 1 bath units each with a garage and one extra parking space would easily rent for at least $2,200 per month each. Front structure is also 1,248 sqare feet so it could also be turned into one house. No State or City Rent Control on office property. Large front yard. Great potential and great upside.
SB24059696
Mixed Use, Business Opportunities, 2 Story
Los Angeles
1930
0.1098
Acres
Public
2
1,948
Sq. Ft.
Yes
-3
spaces
2 Total
Detailed Room Information
- Laundry
- Laundry Room
Exterior / Lot Features
- Parking
- 3 Carport Spaces. 6 Parking Spaces. 0 Covered Parking Spaces.
- Additional Exterior/Lot Features
- Back Yard,Sloped Down,Front Yard,Lawn,Near Park,Near Public Transit,Rectangular Lot,Trees,Zero Lot Line.
Financial Considerations
7355005004
Cash to New Loan
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