For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,030,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24195645
Bedrooms 4
Lot Size 4,430 Sqft
Type of Financing Cash
Property Description
2403 West Carson Street is a well-maintained triplex in Torrance, California. This sought-after rental market boasts a strong tenant base; the average household income within one mile is over $140,000, and the property is in a great rental location across from Torrance High School, a short walk to Wilson Park and the Torrance Farmers Market, and proximate to Old Town Torrance. 2403 West Carson Street is a 1967 construction on a corner lot and offers two one-bed/one-bath units and one two-bed/one-bath unit. The building also features three single-car garages with tandem driveway parking, on-site laundry (machines are owned), and a fenced shared yard for tenants enjoyment. Unit B, a one-bedroom unit, has been remodeled and boasts hardwood flooring, an upgraded kitchen with granite countertops and custom cabinetry, and a recent $30K bathroom renovation that included the installation of a new tankless water heater. Current rents offer a new investor 33 percent rental upside and there may be potential for one ADU conversion (buyer to verify), making this a great value-add opportunity in the desirable South Bay rental market.
2403 West Carson Street is a well-maintained triplex in Torrance, California. This sought-after rental market boasts a strong tenant base; the average household income within one mile is over $140,000, and the property is in a great rental location across from Torrance High School, a short walk to Wilson Park and the Torrance Farmers Market, and proximate to Old Town Torrance. 2403 West Carson Street is a 1967 construction on a corner lot and offers two one-bed/one-bath units and one two-bed/one-bath unit. The building also features three single-car garages with tandem driveway parking, on-site laundry (machines are owned), and a fenced shared yard for tenants enjoyment. Unit B, a one-bedroom unit, has been remodeled and boasts hardwood flooring, an upgraded kitchen with granite countertops and custom cabinetry, and a recent $30K bathroom renovation that included the installation of a new tankless water heater. Current rents offer a new investor 33 percent rental upside and there may be potential for one ADU conversion (buyer to verify), making this a great value-add opportunity in the desirable South Bay rental market.
Location
State CA
County Los Angeles
Area Torrance (90501)
Zoning Assessor
Building
Lot Description Corner Lot
Story 2
Others
Monthly Total Fees $48
Acceptable Financing Cash
Space Rent $1,500
Listing Terms Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with David O'Keefe • Marcus & Millichap
Get More Information
Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
- Homes for Sale in San Diego
- Homes for Sale in Alpine
- Home for Sale in Bay Park
- Homes for Sale in Bonita
- Homes for Sale in Cardiff by the Sea
- Homes for Sale in Chula Vista
- Homes for Sale in Coronado
- Condos for Sale in Coronado Shores
- Condos for Sale in Downtown
- Homes for Sale in El Cajon
- Homes for Sale in Encinitas
- Homes for Sale in Escondido
- Homes for Sale in Fallbrook
- Homes for Sale in Hillcrest
- Homes for Sale in Imperial Beach
- Homes for Sale in La Jolla
- Homes for Sale in Lakeside
- Homes for Sale in Lemon Grove
- Condos for Sale in Little Italy
- Homes for Sale in Mission Beach
- Homes for Sale in Mission Hills
- Homes for Sale in Ocean Beach
- Homes for Sale in Oceanside
- Homes for Sale in Olivenhain
- Homes for Sale in Pacific Beach (PB)
- Homes for Sale in Point Loma
- Homes for Sale in Rolando
- Homes for Sale in San Carlos
- Homes for Sale in San Marcos
- Homes for Sale in Santee
- Homes for Sale in Spring Valley
- Homes for Sale in Tierrasanta
- Homes for Sale in Vista
- Home for Sale in Waterpoint, Point Loma
- Pinnacle Marina Tower