Torrance, CA 90501 2264 Torrance Boulevard
$1,100,000
Pending
35 more
Presented By: John Fields with Bonanza Realty; 310-617-5850
Home Details
Subject to Cancellation of Existing Escrow. Mixed use property on a knoll above high traffic Torrance Bl. in nice area of Old Torrance. Property still shows as a triplex in the tax rolls. City of Torrance permits from early 1980's show front duplex turned into four office spaces with two bathrooms and kitchenette. Three of the four offices rented at below market rents and the owner is using suite #2. Above the three car garage in the rear is a two bedroom apartment. Separate patio and yard area for this unit. There are also three side by side parking spaces for the front offices on the side alley. Property has been well kept. Rents are low. Could turn the front four offices back into two 1 bedroom, 1 bath units each with a garage and one extra parking space would easily rent for at least $2,200 per month each. Front structure is also 1,248 sqare feet so it could also be turned into one house. No State or City Rent Control on office property. Large front yard. Great potential and great upside.
Presented By: John Fields with Bonanza Realty; 310-617-5850
Interior Features for 2264 Torrance Boulevard
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesGasDryerHookup, LaundryRoom
Total Stories2
Other Rooms
Entry Level1
General for 2264 Torrance Boulevard
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityTorrance
Community FeaturesCurbs, Gutters, StormDrains, StreetLights, Suburban, Sidewalks, Park
CoolingNone
CountyLos Angeles
Current FinancingNone
Days on Market56
DirectionsOn South Side of Torrance Bl. between Amapola Ave. & Cota Ave.
DisclosuresRentControl
Electric Expense830.0
Entry Location1
Expected Active Date 2024-06-08
Fuel Expense0.0
Garage Spaces3.0
Garage Y/NYes
Gross Income16178.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense2196.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet4782.0
Lot Size UnitsSquareFeet
MLS Area134 - Old Torrance
MobileHomeRemainsYNNo
Net Operating Income16178.0
New ConstructionNo
NumberOfUnitsTotal5
Open Parking Spaces3.0
Operating Expense23393.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Tax Lot4
Taxes$15,000
Tenant PaysElectricity, Gas
TermsCashtoNewLoan, Conventional
Trash Expense1704.0
ViewNone
View Y/NNo
Water Sewer Expense1602.0
Waterfront Y/NNo
Year Built1930
Year Built SourceAssessor
ZoningTOCC-GEN
Exterior for 2264 Torrance Boulevard
Building Area Total1948.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, NearPark, RectangularLot
Lot Size Acres0.1098
Lot Size Area4782.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking6.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480