This property is no longer available to rent or buy. This description is from March 15, 2013
Excellent value for this highly sought-after 5 unit apartment complex in the beautiful, safe and affluent city of Torrance California! There are five units within the property. Four of the units are 1 bedroom 1 bath, one is a 2 bedroom 1 bath unit. Each unit has an added bonus of a one car garage! Total property square footage is apx. 3,555 with 6 bedrooms, 5 baths. Lot size is apx. 6,373. Buyer to verify all financials and property specifics. The current rents are as follows: Unit A: $1,000 Unit B: $1,000 Unit C: $1,205 Unit D:$800 and Unit E: $1,050. Four of the five units have recently been renewed and updated. Additionally, some of the units are on the ground floor and some are located above the garages. None of the units have interior stairs. Also there is additional storage on site that can be rented for additional revenue to owner. Torrance is ideally located in the South Bay halfway between Los Angeles and Orange County and bound by the Pacific Ocean on the west. It is the 4th largest city in LA County and 12th in CA. The Torrance School District and Police Department and City Government are independent entities. Torrance competes globally through a myriad of assets, flourishing businesses and safe communities!