See all 15 photos
15 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$3,495,000
Est. payment /mo
10 Beds
8 Baths
4,784 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,784 sqft
Price per Sqft $730
MLS Listing ID 26868125
Bedrooms 10
HOA Y/N No
Year Built 1956
Lot Size 8,746 Sqft
Property Description
Prime Hollywood Riviera Location: 6-unit apartment located just two blocks from Torrance Beach, the Pacific Ocean, and within a few blocks of Riviera Village. Recent Capital Improvements: All new electrical panels and wiring (2025), updated plumbing drains (2024), and recent exterior and landscaping improvements. Outstanding Unit Mix: Comprised of (2) 2-bedroom/2-bathroom units, (2) 2-bedroom/1-bathroom units, and (2) 1-bedroom/1-bathroom units, with one of the 2-bedroom units delivered vacant. Desirable Property Amenities: Individual hot water heaters for each unit, six carport parking spaces, and a spacious, landscaped common area front yard. Large 8,747-SF Lot: Expansive parcel offering desirable ADU potential (Buyer to Verify). Strong Value-Add Opportunity: Rents are approximately 40% below market, equating to a 5.26% pro-forma cap rate and 13.67 pro-forma GRM, making this an ideal owner-user or long-term investment opportunity with no local rent control (AB 1482 only).
Location
State CA
County Los Angeles
Area 128 - Hollywood Riviera
Zoning TORR-MD
Interior
Fireplace No
Exterior
Parking Features Covered, Carport
Carport Spaces 6
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7511019022
Special Listing Condition Standard
Read Less Info
Listed by Jonathan Nikfarjam Shield CRE, Inc. #01856803
Nearby Locations
GET MORE INFORMATION