$1,795,000
Gated building and not subject to LAHD Rent Control. Well-located 4-unit income property at the gateway to Torrance, featuring a desirable unit mix of four 2-bedroom, 2-bath units totaling approximately 3,479 sq ft on a ~6,000 sq ft lot. The property is fully occupied with long-term tenants and currently generates approximately $9,045 per month in gross rental income, offering stable in-place cash flow. Each unit includes a functional layout with kitchen, living area, and dining space. The property is separately metered for gas and electricity, while a central water heater services the building. Tenants pay for their own trash, contributing to efficient operating expenses. Coin laundry in the building for tenants only. The rear portion of the lot is paved, providing ample on-site parking. Conveniently located near major freeways including the 405 and 110, and close to local amenities. Please do not disturb tenants. Please submit offers subject to interior inspection.
Listed by Karen Parcell with Berkshire Hathaway HomeServices California Properties
Property Type
Residential Income
Status
Active
MLS Number
26829629
Year Built
1990
Lot Size
6,033 sq ft
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1555 W 204th, Torrance
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