3564 Michelle Drive
About This Property
At the heart of the home, the open-concept kitchen and living area provide the perfect setting for gatherings. Hardwood flooring flows seamlessly throughout, complemented by designer finishes and abundant natural light. A sleek bi-fold door connects the interior to the backyard, extending the living space outdoors. The chef's kitchen is a true showpiece with all-new cabinetry, countertops, premium appliances, and a striking waterfall island with built-in cabinetry and seating. The inviting living area is anchored by a cozy fireplace, ideal for relaxing evenings.
The luxurious primary suite serves as a private retreat with a spacious layout, walk-in closet, and spa-inspired bath. An additional flex space adds versatility, perfect for a media room, playroom, or creative studio. Other upgrades throughout include fully remodeled bathrooms, new windows and doors, updated plumbing and electrical, all-new lighting, matte black hardware and fixtures, and an entirely new HVAC system and ducting with EV-charger readiness offering both efficiency and peace of mind.
Conveniences include a 2-car garage with new drywall, updated electrical, and direct access, along with a dedicated laundry room with utility sink. Outdoors, enjoy a spacious patio and grassy rear yard-perfect for entertaining, play, or relaxation. Additional gated parking on the side of the house provides a huge area for RV and boat parking, a rare find in the neighborhood.
Tucked away in a charming pocket of cul-de-sac–lined streets, this home is part of an established community within the highly regarded Torrance school district. With Delthorne Park, Del Amo Mall, fine dining, shopping, and the beach just minutes away, the location delivers the perfect balance of convenience, lifestyle, and coastal living. Move-in ready and beautifully crafted, this Torrance gem is the perfect blend of comfort, functionality, and modern luxury.
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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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About Torrance
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017