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Map
$1,247,351*
●
Multifamily -
Off Market
1577 Torrance Boulevard
Torrance, CA 90501
Studio
0 Bath
$765,000 - $935,000
Reference Base Price*
46.75%
Since Sep 1, 2019
CA-Los Angeles
Primary Model
About This Property
First time on the market in 34 years. This Triplex is a value-add
deal with major rent upside. The building is 3,696 sq. ft with
extremely large units and is twice as big as any triplex that has
recently traded. Asking price per sq. ft is 229.98! The average
price per sq. ft of the sales comps in the area show $295 per sq.
ft. Excellent unit mix composed of one 3 Bd / 2 Ba unit, two 2 Bd /
1 Ba units. There is a two-car garage and two car ports located in
the back of the building. The property features recently remodeled
bathrooms. Located 1.5 miles South of the San Diego (405) Freeway,
major cross streets are Torrance Blvd and South Western Ave. Also,
less than 1 mile away from Honda HQ and 1.5 miles away from Harbor
UCLA and Torrance HS.
Unit Size
-
Days on Market
-
Land Size
7,514.00 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1961
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 18, 2019 | No longer available | - | |
No longer available | |||
Jul 1, 2019 | Listed | $850,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Multifamily
1
Bed
1
Bath
1,196 ft²
$693/ft²
$829,000
Jan 9, 2024
-
-
In Contract
Multifamily
4
Beds
2
Baths
1,500 ft²
$550/ft²
$825,000
Jan 25, 2023
-
-
Active
Multifamily
5
Beds
3
Baths
1,956 ft²
$486/ft²
$950,000
Feb 17, 2024
-
-
Active
House
4
Beds
3
Baths
1,771 ft²
$471/ft²
$835,000
Mar 2, 2024
-
$162/mo
Active
House
4
Beds
3
Baths
1,771 ft²
$471/ft²
$835,000
Mar 8, 2024
-
$162/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/01/2019
|
|
Studio
|
-
|
-
|
$850,000
Studio
-
|
-
-
|
-
|
-
|