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