Torrance, CA 90504 2144 W 182nd Street

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Presented By: Hiroko Nishikawa Naumann with RE/MAX ESTATE PROPERTIES;
  • MLS# 24409715
  • 07/23/2024
  • Request Tour
  • Request Info
  • Beds • 11
  • Baths • 11
  • SQFT • 6,802
  • Garage • 5

Home Details

Discover this highly desirable 7-unit building located in the heart of North Torrance. Boasting an optimal mix of four 2-bedroom units and three 1-bedroom units, all currently leased, this property promises immediate income generation. Recent exterior painting and refurbished staircase railings and back patio areas have enhanced tenant satisfaction, reflecting a commitment to property upkeep and tenant comfort. Unit includes a mix of spacious 2-bed/2-bath units, including one with a fireplace and another upgraded to feature engineered flooring, potentially convertible into a 3-bedroom layout. Additionally, there are three large 1-bed/1-bath units on the second floor. Well-maintained with over 6,800 Sqft of living space, featuring five garage spaces and two covered carports. Situated on a corner lot at the intersection of 182nd St and Van Ness Ave, the property enjoys proximity to essential amenities such as the Nijiya Japanese market, transportation hubs, shopping centers, schools, and places of worship. Convenient access to major freeways including the 405 and 110, ensuring ease of commute for tenants. With a history of consistent occupancy and a strong rental demand evidenced by all units almost always rented, this property presents a compelling investment opportunity in a sought-after location. Don't miss out on this rare investment opportunity!
Presented By: Hiroko Nishikawa Naumann with RE/MAX ESTATE PROPERTIES;

Interior Features for 2144 W 182nd Street

Bedrooms

Total Bedrooms11

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths11

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringCarpet
Heating Y/NYes
Laundry FeaturesCommonArea, LaundryRoom
Total Stories2

General for 2144 W 182nd Street

Additional Parcels Y/NNo
AppliancesElectricCooktop, ElectricOven, Disposal
Attached Garage Yes
Cap Rate3.79
Carport Spaces2.0
Carport Y/NYes
CityTorrance
CoolingNone
CountyLos Angeles
Days on Market53
DirectionsSouth of Artesia Blvd, East of Western Ave
DisclosuresPetRestrictions
Electric On Property Y/NNo
Facing DirectionNorth
Full Baths
Garage Spaces5.0
Garage Y/NYes
Gross Income187008.0
HeatingElectric
High School DistrictTorrance Unified
Home Owner AssocNo
Home Warranty Y/NNo
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7953.0
Lot Size UnitsSquareFeet
MLS Area133 - N Torrance - East
MobileHomeRemainsYNNo
Net Operating Income111603.0
New ConstructionNo
NumberOfUnitsTotal7
Occupancy TypeTenant
Open Parking Spaces2.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tenant PaysCableTv, Electricity, TrashCollection, Water
ViewParkGreenbelt
View Y/NYes
Waterfront Y/NNo
Year Built1963
ZoningTORR-MD

Exterior for 2144 W 182nd Street

Building Area Total6802.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLawn
Lot Size Acres0.1826
Lot Size Area7953.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAttachedCarport, Covered
SpaNo
Total Parking7.0

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $2,690,000
MLS#24409715
List Date 07/23/2024
Property Type Multi-Family
Phone 310.658.1749
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