IN ESCROW

4 Units on Redondo Beach Blvd in Torrance

South Bay

3636 Redondo Beach Blvd., Torrance, Ca 90504

Property Description

3636 Redondo Beach Blvd. is a fully occupied 4 Unit property located in the South Bay east of the 405 freeway in the City of Torrance. This investment offers an owner occupier or investor a chance to acquire a solid rental property in an established rental market.

The property is comprised of 4,672 SF with a rear 3/2 unit upstairs that is perfect for a potential owner/occupier. Additionally, there are (3) 2 bed/2 bath units with nice layouts, private yard & balcony for added privacy, and a rear garage for additional storage or ADU potential.

All of the tenants are month to month, the units are in good condition, and there is opportunity for a new investor to achieve much higher rents. The building was originally built in 1963 and sits on a total lot size of 5,334 SF on a major street in Redondo Beach Blvd next to public transit and parks.

Features and Highlights

  • Month to Month Tenancy with Full Occupancy.
  • Below Market Rents in a Strong Rental Area.
  • Prime Location in Torrance directly across from the Alondra Park & Golf Course, El Camino College, and near South Bay Galleria, Hawthorne, Lawndale, Inglewood, Space-X, Freeways, Restaurants & Shops.

Property Details

  • Price:$1,599,900
  • APN:4087-001-028
  • Units:4
  • Type:(1) 3/2, (3) 2/2
  • Building Size:4,672 SF
  • Lot Size:5,334 SF
  • Year Built:1963
  • MLS:OC21105658

Listing Agent: Brian Noh, CCIM DRE: 01438115

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