Property Detail

Description

We are pleased to present our latest investment offering, 1329-1331 West Carson Street. The property is located in Torrance P.O, offering (12) one-bedroom/one-bath units and (1) commercial retail space with projected rental upside of 35% +/-! There may also be ADU potential at the rear of the lot (Buyer to verify). Located in a great area within walking distance to a wide array of retail options, the property offers great freeway access to the 110 and the 405, and is close enough to the Beach Cities so that tenants can enjoy a cool ocean breeze. The property is comprised of two separate buildings on a large 9,000 square foot lot, and offers 13 parking spaces and on-site laundry for tenant convenience. With low expenses, the property is separately metered for electric and master-metered for gas (may be able to be sub-metered) and also features a brand new central water heater. Many of the units have been updated and no soft-story retrot is needed.