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    1221 Amapola Avenue

    Torrance, CA 90501
    • $949,000
    • STATUS: PENDING
    • ON SITE: 84 days
    • ID#: 302528602
    Pending
    UPDATED: 10 min ago
    $949,000
    • 5
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    First time on market - EVER! Rare Triplex for Sale in Highly Desirable Old Torrance Area. Fully Occupied with long term tenants. This is a unique opportunity to own a well located property with a strong rental history. Front 2 units are each 2 bedroom and 1 bathroom with a cute cottage in back that is 1 bedroom and 1 bathroom with "mini" storage garage area (not for vehicles). Property can also be delivered with one unit vacant after August 1st, 2020 for those buyers looking to live on property and "owner First time on market - EVER! Rare Triplex for Sale in Highly Desirable Old Torrance Area. Fully Occupied with long term tenants. This is a unique opportunity to own a well located property with a strong rental history. Front 2 units are each 2 bedroom and 1 bathroom with a cute cottage in back that is 1 bedroom and 1 bathroom with "mini" storage garage area (not for vehicles). Property can also be delivered with one unit vacant after August 1st, 2020 for those buyers looking to live on property and "owner-occupy" building. Property also has a large 3 car garage with alley access and a coin operated laundry room for additional income. Long term tenants will continue to provide consistent, stable income stream or...developers, check with city on what you could build on this over 5,000 square foot lot. Hurry this is your chance to own in Torrance and take advantage of award winning Torrance Unified School District. This property also has a high "walk-ability" rating with parks, old town and restaurants nearby. Please do not disturb tenants or walk onto property. Submit your offers subject to inspection. Information deemed reliable but not guaranteed. Buyer to do their own due diligence to their satisfaction. Thanks for looking and sharing.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.dreamlivingsd.com/homes/105997114
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    1221 Amapola Avenue Torrance, CA 90501

    • Price: $949,000
    • Status: PENDING
    • Updated: 10 min ago
    • ID#: 302528602
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1962
    Built
    Neighborhood:
    Torrance (90501)
    County:
    Los Angeles
    Area:
    Torrance (90501)
    Property Description
    First time on market - EVER! Rare Triplex for Sale in Highly Desirable Old Torrance Area. Fully Occupied with long term tenants. This is a unique opportunity to own a well located property with a strong rental history. Front 2 units are each 2 bedroom and 1 bathroom with a cute cottage in back that is 1 bedroom and 1 bathroom with "mini" storage garage area (not for vehicles). Property can also be delivered with one unit vacant after August 1st, 2020 for those buyers looking to live on property and "owner First time on market - EVER! Rare Triplex for Sale in Highly Desirable Old Torrance Area. Fully Occupied with long term tenants. This is a unique opportunity to own a well located property with a strong rental history. Front 2 units are each 2 bedroom and 1 bathroom with a cute cottage in back that is 1 bedroom and 1 bathroom with "mini" storage garage area (not for vehicles). Property can also be delivered with one unit vacant after August 1st, 2020 for those buyers looking to live on property and "owner-occupy" building. Property also has a large 3 car garage with alley access and a coin operated laundry room for additional income. Long term tenants will continue to provide consistent, stable income stream or...developers, check with city on what you could build on this over 5,000 square foot lot. Hurry this is your chance to own in Torrance and take advantage of award winning Torrance Unified School District. This property also has a high "walk-ability" rating with parks, old town and restaurants nearby. Please do not disturb tenants or walk onto property. Submit your offers subject to inspection. Information deemed reliable but not guaranteed. Buyer to do their own due diligence to their satisfaction. Thanks for looking and sharing.
    Exterior Features

    Pool N/K Site CurbsSidewalks Spa N/K

    Interior Features

    Cooling N/K Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1

    Property Features

    Annual Expense Actual 18413 Assessments Yes/Remarks Buildings 3 Gross Scheduled Income Actual 49140 Home Owners Fees 0.0 Tenant Pays Cable TvElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 20340.0 Unit2 Rent Actual 15600.0 Unit3 Rent Actual 13200.0 Water Meter On Property Zoning Torr-Lm

    Listing provided courtesy of Monet Castaneda Real Estate Co. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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