2264 Torrance Boulevard, Torrance, CA 90501 (MLS # SB24059696)

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PRICE $1,150,000 dsIDX morgage calculator
SIZE 1,948 sqft
LOT SIZE 4,783 sqft
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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 bathroom 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.

DAYS ON MARKET 33 LAST UPDATED 3/26/2024
YEAR BUILT 1930 COMMUNITY Old Torrance
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA Old Torrance
BUYER'S BROKERAGE COMPENSATION 2.500 %
LOT 4782 sq ft
LOT DESCRIPTION Back Yard, Front Yard, Lawn, Near Park, Near Public Transit, Rectangular Lot, Sloped Down, Trees, Zero Lot Line
STORIES 2
WATER Public
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Listed with Bonanza Realty

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