$2,200,000
$2,200,000
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21024 Wood AVE #A Torrance, CA 90503
6,947 Sqft Lot
Key Details
Sold Price $2,200,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24123393
Sold Date 08/14/24
HOA Y/N No
Year Built 1961
Lot Size 6,947 Sqft
Property Description
RARE opportunity – First time on the market in 25 years! Nestled in the highly coveted West High neighborhood of Torrance, this meticulously cared-for 4 unit gem presents an unparalleled investment opportunity in a prime location.
Situated 1.5 miles from the beach and on an expansive 6,900+ sqft lot, this 4-plex features a diverse unit mix: (1) 3-bedroom/2-bathroom, (1) 2-bedroom/2-bathroom, and (2) 1-bedroom/1-bathroom units, all separately metered for electric. This versatile property showcases pride of ownership and offers endless possibilities for owner/users seeking passive rental income, multigenerational living, or investors seeking rental income while building out their real estate portfolio.
You’ll love the impeccably maintained landscaping with a vibrant rose garden and fruit trees (lime, orange, and lemon), the convenience of garage spaces for each unit with updated automatic garage doors, a new main sewer line, new drain lines, remodeled community laundry room and a great neighborhood near it all— Award-Winning Torrance Unified schools (walking distance to West High and Victor Elementary), parks, and just minutes from the Del Amo Fashion Center where you will find fantastic shopping, dining, and entertainment. Don’t miss out on this opportunity to own this extraordinary investment property in West Torrance!
Location
State CA
County Los Angeles
Area 131 - West Torrance
Zoning TORR-MD
Interior
Heating Forced Air
Cooling Central Air, None
Fireplace No
Appliance Dishwasher, Gas Oven, Refrigerator, Dryer, Washer
Laundry Common Area, Inside
Exterior
Garage Garage
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Sidewalks
View Y/N No
View None
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Multi/Split
Sewer Unknown
Water Public
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 7519002004
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Arpine Zamanyan • Re/Max Estate Properties