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1636 W 219th Street

Torrance, CA 90501
  • $1,995,000
  • STATUS: ACTIVE
  • ON SITE: 257 Days
  • ID#: PW22145854
$1,995,000
  • 10
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Owner May Carry with 25-30% down payment. 7 units with HUGE UPSIDE IN RENTS!! Outstanding unit mix of (2) 3 bedroom units, (4) 2 bedroom units and (1) 1 bedroom units. All rents substantially under market. Laundry room with equipment included generates an additional $300. per month per seller. All electric building with individual meters. Individual water heaters. New electrical panel. See attached OM. Owner May Carry with 25-30% down payment. 7 units with HUGE UPSIDE IN RENTS!! Outstanding unit mix of (2) 3 bedroom units, (4) 2 bedroom units and (1) 1 bedroom units. All rents substantially under market. Laundry room with equipment included generates an additional $300. per month per seller. All electric building with individual meters. Individual water heaters. New electrical panel. See attached OM.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/130559545
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1636 W 219th Street Torrance, CA 90501

  • Price: $1,995,000
  • Status: ACTIVE
  • On Site: 257 Days
  • ID#: PW22145854
10
Beds
0
Baths
0
½ Baths
0.25
Acres
Neighborhood:
Torrance (90501)
County:
Los Angeles
Area:
Torrance (90501)
Property Description
Owner May Carry with 25-30% down payment. 7 units with HUGE UPSIDE IN RENTS!! Outstanding unit mix of (2) 3 bedroom units, (4) 2 bedroom units and (1) 1 bedroom units. All rents substantially under market. Laundry room with equipment included generates an additional $300. per month per seller. All electric building with individual meters. Individual water heaters. New electrical panel. See attached OM. Owner May Carry with 25-30% down payment. 7 units with HUGE UPSIDE IN RENTS!! Outstanding unit mix of (2) 3 bedroom units, (4) 2 bedroom units and (1) 1 bedroom units. All rents substantially under market. Laundry room with equipment included generates an additional $300. per month per seller. All electric building with individual meters. Individual water heaters. New electrical panel. See attached OM.
Exterior Features

Parking Garage Desc Unit1 Assigned Pool N/K Site Curbs

Interior Features

Heat Equipment Radiant Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 3.24 Annual Expense Actual 49863 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 17.9 Gross Scheduled Income Actual 111000 Tenant Pays ElectricityOther/Remarks Terms CashExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2750.0 Unit2 Rent Actual 1200.0 Unit3 Rent Actual 1150.0 Unit4 Rent Actual 1100.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of P.R.S. Properties: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128