21110 Wood
Torrance CA 90503
$5,395,000
Status: Active
Description
Price Reduced by Over $600,000 | 18-Unit Apartment in Highly Desirable West Torrance Location | Located Approximately 1 Mile from the Pacific Ocean & Redondo Beach Pier and Close Proximity to Del Amo Fashion Center, King Harbor & Village Del Amo | Large 13,787-SF Lot | Desirable Opportunity to Add ADUs | Total of 18 Garage Spaces | No Local Rent Control - Defaults to AB 1482 | 5.68% Current Cap Rate & 11.76 Current GRM | 6.65% Pro-Forma Cap Rate & 10.47 Pro-Forma GRM | Four Units Delivered Vacant | Common Area Courtyard | On-Site Laundry Facility - Generates Additional Annual Income
Map Location
Phyllis Cyphers
Realtor®
DRE# 01810454
74199 El Paseo #200
Palm Desert, CA 92260
Get Direction
phyllis@phylliscyphers.com
714-323-1175
| 74199 El Paseo #200 Palm Desert, CA 92260 |
Get in Touch
Buying or selling a home? Contact us today. Looking forward to speaking with you!
Phyllis Cyphers
Realtor®
DRE# 01810454
Email: phyllis@phylliscyphers.com
Call: 714-323-1175
COMPASS IS A LICENSED REAL ESTATE BROKER LICENSED BY THE STATE OF CALIFORNIA AND ABIDES BY EQUAL HOUSING OPPORTUNITY LAWS. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. INFORMATION IS COMPILED FROM SOURCES DEEMED RELIABLE BUT IS SUBJECT TO ERRORS, OMISSIONS, CHANGES IN PRICE, CONDITION, SALE, OR WITHDRAWAL WITHOUT NOTICE. NO STATEMENT IS MADE AS TO ACCURACY OF ANY DESCRIPTION. ALL MEASUREMENTS AND SQUARE FOOTAGES ARE APPROXIMATE. THIS IS NOT INTENDED TO SOLICIT PROPERTY ALREADY LISTED. NOTHING HEREIN SHALL BE CONSTRUED AS LEGAL, ACCOUNTING OR OTHER PROFESSIONAL ADVICE OUTSIDE THE REALM OF REAL ESTATE BROKERAGE.
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