$2,200,000 $11,810 est/mo Sourced by Back At You

1639 W 228th Street,Torrance, CA 90501

Torrance CA, 90501

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Description

Seller may consider carrying a 1st with 25% Down Payment. (Owner User Possible) Fully occupied Residential Reentry Center with a Strong Operator boasting a 7% Cap Rate based on current income. The offering is situated on a large double lot totaling 14,403 Sq. Ft. of CM-1VL Zoning with great future development potential. The Current Land Designation: is Hospitals, Convalescent Homes allowing many uses. The building has a large courtyard and has been recently updated with a pro style kitchen, washer and dryer hookups and a commercial fire alarm system.

Details

MLS#22211797
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1961
Days On Site571
Listing Provided ByMarcus & Millichap 213-943-1800 | Jon Emrani

Features

Bed(s)14
Bath(s)8
SQ Feet3,191
Story(s)1
Units2
Building(s)2
ZoningLACM
Acreage0.33

Market Activity 90501

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 9 minutes ago
StateCA
CountyLos Angeles
CityTorrance
Zip Code90501
Area122 Harbor Gateway
Listing VS Median (in 90501)
Price:
$2,200,000
low | high
Med:
$835,000
100% of Average
SqFt:
3,191
low | high
Med:
1,783
94.139768097775% of Average
$ / SqFt:
$689
low | high
Med:
$468
82.051615216141% of Average
On Site:
571
low | high
Med:
81.000000
100% of Average
Sourced by Back At You
Listing Updated: April 19, 2024 at 6:49:32 PM PDT