2144 W 182nd St - Apartments FOR SALE


Torrance, CA 90504
$2,690,000 USD
310-951-8233
2144 W 182nd St, Torrance, CA for Sale
$2,690,000 USD
Apartments - FOR SALE
1/19
null | 3.79% Cap Rate

2144 W 182nd St
Torrance, CA 90504


HIGHLIGHTS

  • Highly desirable 7-unit building located in the heart of North Torrance
  • Optimal mix of four 2-bedroom units and three 1-bedroom units
  • Well-maintained with over 6,800 Sqft of living space, featuring five garage spaces and two covered carports

OVERVIEW

Discover this highly desirable 7-unit building located in the heart of North Torrance. Boasting an optimal mix of four 2-bedroom units and three 1-bedroom units, all currently leased, this property promises immediate income generation. Recent exterior painting and refurbished staircase railings and back patio areas have enhanced tenant satisfaction, reflecting a commitment to property upkeep and tenant comfort. Unit includes a mix of spacious 2-bed/2-bath units, including one with a fireplace and another upgraded to feature engineered flooring, potentially convertible into a 3-bedroom layout. Additionally, there are three large 1-bed/1-bath units on the second floor. Well-maintained with over 6,800 Sqft of living space, featuring five garage spaces and two covered carports. Situated on a corner lot at the intersection of 182nd St and Van Ness Ave, the property enjoys proximity to essential amenities such as the Nijiya Japanese market, transportation hubs, shopping centers, schools, and places of worship. Convenient access to major freeways including the 405 and 110, ensuring ease of commute for tenants. With a history of consistent occupancy and a strong rental demand evidenced by all units almost always rented, this property presents a compelling investment opportunity in a sought-after location. Don't miss out on this rare investment opportunity!

FOR SALE DETAILS

PRICE

$2,690,000 USD

PRICE/SF

$395 USD /SF

# OF UNITS

7

PRICE/UNIT

$384,286

CAP RATE

3.79%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R3, Torrance

APN/PARCEL ID

4096-024-005

ASK ABOUT THIS PROPERTY

Hiroko Nishikawa NaumannEstate PropertiesMore Info
310-951-8233

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Hiroko Nishikawa NaumannEstate PropertiesMore Info
310-951-8233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.