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Key Details
Sold Price $1,660,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $512
MLS Listing ID 24415987
Sold Date 11/04/24
HOA Y/N No
Year Built 1972
Lot Size 0.268 Acres
Property Description
Why rent when you can OWN! A rare investment opportunity that is 1031-EXCHANGE ELIGIBLE from RESIDENTIAL PROPERTY. Spanning 3,240 square feet across four units on an 11,690-square-foot lot, this single-level property boasts high visibility and traffic flow. Situated within the bustling Vista Plaza Shopping Center, it appeals to both investors and potential owner-users. Over 51% of the property will be delivered vacant, making it eligible for SBA FINANCING, which allows you to put as little as 10% down. The location is strategically positioned along the iconic Pacific Coast Highway, offering exceptional visibility and accessibility within South Torrance, a coastal city that's highly attractive to businesses and residents due to its proximity to major urban centers like Los Angeles and Orange County.
Location
State CA
County Los Angeles
Area 128 - Hollywood Riviera
Zoning TOCC-GEN
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Garage None
Total Parking Spaces 10
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7532008015
Special Listing Condition Standard
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130