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Multifamily

1751 Cabrillo Ave

1751 Cabrillo Ave, Torrance, CA 90501

Listing Price: $3,499,000

Cap Rate
3.79%
Number of Units
9
Price/Unit
$388,778
Price/Gross SF
$503.24
Gross SF
6,953

Investment Overview

9 units in highly desirable Old Town Torrance - a cute “town within a town”. Very little annually brokerage velocity in Old Town as owners tend to hold for generations. A unique opportunity, to be sure. Breweries, restaurants, local retail up-and-down all of the surrounding blocks. One of the most “walkable” locations in Greater LA. Newer, dual-pane windows and most units extensively renovated with quartz surfaces, hardwood, subway tile, & shaker cabinetry. The front 2 Bed unit enjoys a large, gated, grassy yard. Fully-secured access, on-site laundry & lots of garage parking. Tenants enjoy a quiet, suburban lifestyle with amenities in all directions, while maintaining easy access to the 110 Fwy and major employers (i.e. Honda HQ, Chevron, Harbor UCLA Hospital, Del Amo Mall and the Port of LA).

Investment Highlights

  • Most units impeccably renovated
  • Old Town is a town within a town – excellent "walkability"
  • Honda North American Headquarters, blocks away
  • Dining, retail, breweries walkable in all directions
  • Secured entrance, newer windows
  • Torrance is one of the most stable rental markets in LA

Exclusively Listed By

Listing Price: $3,499,000

Cap Rate
3.79%
Number of Units
9
Price/Unit
$388,778
Price/Gross SF
$503.24
Gross SF
6,953

Investment Highlights

  • Most units impeccably renovated
  • Old Town is a town within a town – excellent "walkability"
  • Honda North American Headquarters, blocks away
  • Dining, retail, breweries walkable in all directions
  • Secured entrance, newer windows
  • Torrance is one of the most stable rental markets in LA

Investment Overview

9 units in highly desirable Old Town Torrance - a cute “town within a town”. Very little annually brokerage velocity in Old Town as owners tend to hold for generations. A unique opportunity, to be sure. Breweries, restaurants, local retail up-and-down all of the surrounding blocks. One of the most “walkable” locations in Greater LA. Newer, dual-pane windows and most units extensively renovated with quartz surfaces, hardwood, subway tile, & shaker cabinetry. The front 2 Bed unit enjoys a large, gated, grassy yard. Fully-secured access, on-site laundry & lots of garage parking. Tenants enjoy a quiet, suburban lifestyle with amenities in all directions, while maintaining easy access to the 110 Fwy and major employers (i.e. Honda HQ, Chevron, Harbor UCLA Hospital, Del Amo Mall and the Port of LA).

Exclusively Listed By

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