4445 Pacific Coast Hwy - Apartments FOR SALE


Torrance, CA 90505- Southwood Riviera
$936,000 USD
818-437-1266
4445 Pacific Coast Hwy, Torrance, CA for Sale
$936,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

4445 Pacific Coast Hwy
Torrance, CA 90505
Southwood Riviera


OVERVIEW

A rare opportunity for an investor to be part of a legacy building ownership and partnership. Located at 4445 Pacific Coast Highway in Torrance, California known as “Willow Tree Apartments” this approximately 445,505 square foot 436 unit building is professionally managed by Bayco Financial Corporation and owned under Willow Tree Apartments, L.P. (“Partnership”) enjoying stable income. The offering is for a fractional share purchase of 0.816565% thereby buying out one of the limited partners (“Seller”). The monthly distribution for this limited partner is currently $1,542.16, plus any year-end partnership distributions. The asking price for the share is $936,000 on an as-is, where-is, all-cash basis. Please note this is not a sale of the entire property and the sale is subject to transfer of limited partnership shares and subject to the in-place Partnership Agreement. Heather Boren, Broker and principal of Estate Match Realty (“Broker”) is related to the limited partner (“Seller”) and has potentially a financial interest. Although the information contained herein is believed to be correct, prospective purchasers are hereby advised to conduct their own due diligence and independently verify any information provided. Additional information will be made available upon written request to interested and qualified prospective purchasers. Executive Summary Property Name: Willow Tree Apartments Property Address: 4445 Pacific Coast Highway, Torrance, CA Gross Building Area: 445,505 square feet Number of Units: 436 Year Built: 1970 Ownership: Limited Partner shares equal to 0.816565% Asking Price: $936,000

FOR SALE DETAILS

PRICE

$936,000 USD

PRICE/SF

$2 USD /SF

# OF UNITS

436

PRICE/UNIT

$2,147

CAP RATE

Request Cap Rate

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Willow Tree

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1970

PARKING SPACES

680

LAND DETAILS

LAND ACRES

9.58 AC

LAND SF

417,305 SF

ZONING

TOC2YY

APN/PARCEL ID

7529-018-001

ASK ABOUT THIS PROPERTY

Heather BorenEstate Match RealtyMore Info
818-437-1266

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Heather BorenEstate Match RealtyMore Info
818-437-1266

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