1453 W 228th St, Torrance, CA 90501

1453 W 228th St, Torrance, CA 90501

Torrance, CA

Property Description

Lyon Stahl is proud to present 1453 W 228th St, a beautiful 8-unit in Torrance, CA. This property consists of 4,605 SF of total living space situated on 7,138 SF of land with a mix of eight (8) 1-bedroom/1-bathroom units. The property is currently operating at nearly a 4% CAP with approximately 20% upside in market rent potential (pro forma CAP Rate of 5.20%). This property is located west of the 110 FWY and is close proximity to the beach and Harbor-UCLA Medical Center, and is surrounded by plenty of retailer, restaurants, and other entertainment options. Given the great condition of the property, solid cash flows, and the upside in market rent potential, this property would be an ideal investment for any property owner.

Property Features

  • Sale Price: $1,550,000
  • Area Size: 4,605 SF
  • Land Area: 7,138 SF
  • Year Built: 1989
  • Listing Date: 6/18/18
  • Closing Date: 8/15/18
  • Units: 8

Lyon Stahl Investment Real Estate

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