Overview

Property ID: HZSB25231210
  • MixedUse
  • Property Type
  • 0
  • Garage
  • 1955
  • Year Built

Description

8-Unit Apartment Building | First Time on Market in 26 Years!

Rare investment opportunity: two 4-unit buildings on one parcel. Each unit is 2 bed/1 bath. Huge upside in rents with a possible 10.3% market CAP and 7.7 market GRM! Upgrades include new roofs, new electrical panels, 68 new vinyl windows (2025), and freshly painted exterior. One remodeled unit is rent-ready. Most units feature updated vinyl/tile flooring. All units include gas range, water heater, and gas wall furnace. 1 covered carport space per unit. Shared courtyard. Many long-term tenants. Subject to City of Los Angeles Rent Control (RSO). Convenient location near freeways, shopping, and restaurants. Huge rental upside.

  • Address Harvard
  • City Torrance
  • State/county Los Angeles
  • Zip/Postal Code 90501

Details

Updated on October 29, 2025 at 5:08 pm
  • Property ID: HZSB25231210
  • Price: $1,595,000
  • Land Area: 0.1852 SquareFeet
  • Garage: 0
  • Year Built: 1955
  • Property Type: MixedUse
  • Property Status: ResidentialIncome
  • Listed by: Jim Porter
  • DRE #: 01266035
  • Contact Mail: jim@porterheritage.com
  • Brokered by: Porter Heritage

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