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22918 Date Avenue
About This Property
From the moment you step inside, the home is flooded with natural bright light, accentuating the open layout, clean architectural lines, and thoughtfully curated finishes throughout. At the center of the home is a stunning chef's kitchen designed to gather around - featuring custom cabinetry, designer countertops, premium appliances, a wine fridge, abundant prep space, and a sizable statement island that anchors the entire living experience. The kitchen flows seamlessly into both the living and dining spaces, where oversized bifold accordion doors dissolve the line between indoors and out, opening to an expansive grassy backyard designed for entertaining, relaxing, and everyday enjoyment.
The spacious primary suite offers a true retreat, complete with a walk-in closet and a beautifully finished ensuite bath that evokes a boutique hotel feel. Three additional bedrooms provide flexibility for family, guests, office space, or evolving lifestyle needs, while the dedicated dining room creates a sense of intentionality and warmth rarely found in modern renovations.
Beyond the aesthetics, virtually every major component of the home has been upgraded. Improvements include a new Owens Corning 30-year roof, all new Milgard dual-pane windows and doors, full PEX repiping, complete rewiring with a new 200-amp electrical panel, new HVAC system and ducting, new underground ABS sewer line, new driveway, new garage door and motor, updated irrigation and landscaping, smooth stucco fireplace detailing, wide plank flooring throughou and a Tesla EV charger in the attached 2 car garage.
Located just moments from Hickory Park and nearby schools, this is more than just a beautifully renovated home - it's an opportunity to live within one of Torrance's most cherished communities, known for its pride of ownership, tree-lined streets, and unmatched neighborhood feel. It is an absolute pleasure to bring this one to market.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017