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$1,030,000
Est. payment /mo
4 Beds
3 Baths
4,430 Sqft Lot
UPDATED:
09/24/2024 10:12 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PW24195645
Bedrooms 4
HOA Y/N No
Lot Size 4,430 Sqft
Property Description
2403 West Carson Street is a well-maintained triplex in Torrance, California. This sought-after rental market boasts a strong tenant base; the average household income within one mile is over $140,000, and the property is in a great rental location across from Torrance High School, a short walk to Wilson Park and the Torrance Farmers Market, and proximate to Old Town Torrance. 2403 West Carson Street is a 1967 construction on a corner lot and offers two one-bed/one-bath units and one two-bed/one-bath unit. The building also features three single-car garages with tandem driveway parking, on-site laundry (machines are owned), and a fenced shared yard for tenants enjoyment. Unit B, a one-bedroom unit, has been remodeled and boasts hardwood flooring, an upgraded kitchen with granite countertops and custom cabinetry, and a recent $30K bathroom renovation that included the installation of a new tankless water heater. Current rents offer a new investor 33 percent rental upside and there may be potential for one ADU conversion (buyer to verify), making this a great value-add opportunity in the desirable South Bay rental market.
2403 West Carson Street is a well-maintained triplex in Torrance, California. This sought-after rental market boasts a strong tenant base; the average household income within one mile is over $140,000, and the property is in a great rental location across from Torrance High School, a short walk to Wilson Park and the Torrance Farmers Market, and proximate to Old Town Torrance. 2403 West Carson Street is a 1967 construction on a corner lot and offers two one-bed/one-bath units and one two-bed/one-bath unit. The building also features three single-car garages with tandem driveway parking, on-site laundry (machines are owned), and a fenced shared yard for tenants enjoyment. Unit B, a one-bedroom unit, has been remodeled and boasts hardwood flooring, an upgraded kitchen with granite countertops and custom cabinetry, and a recent $30K bathroom renovation that included the installation of a new tankless water heater. Current rents offer a new investor 33 percent rental upside and there may be potential for one ADU conversion (buyer to verify), making this a great value-add opportunity in the desirable South Bay rental market.
2403 West Carson Street is a well-maintained triplex in Torrance, California. This sought-after rental market boasts a strong tenant base; the average household income within one mile is over $140,000, and the property is in a great rental location across from Torrance High School, a short walk to Wilson Park and the Torrance Farmers Market, and proximate to Old Town Torrance. 2403 West Carson Street is a 1967 construction on a corner lot and offers two one-bed/one-bath units and one two-bed/one-bath unit. The building also features three single-car garages with tandem driveway parking, on-site laundry (machines are owned), and a fenced shared yard for tenants enjoyment. Unit B, a one-bedroom unit, has been remodeled and boasts hardwood flooring, an upgraded kitchen with granite countertops and custom cabinetry, and a recent $30K bathroom renovation that included the installation of a new tankless water heater. Current rents offer a new investor 33 percent rental upside and there may be potential for one ADU conversion (buyer to verify), making this a great value-add opportunity in the desirable South Bay rental market.
Location
State CA
County Los Angeles
Area Torrance (90501)
Zoning Assessor
Building
Lot Description Corner Lot
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $48
Acceptable Financing Cash
Space Rent $1,500
Listing Terms Cash
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Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker