1746-1748 Martina Ave, Torrance, CA 90501

1746-1748 Martina Ave, Torrance, CA 90501

Torrance, CA
$775,000

Property Description

Lyon Stahl Investment Real Estate is pleased to present 1746-1748 Martina Ave, a duplex located in the charming Old Town Torrance District. This well-maintained duplex makes up a total of 1,485 SF of living space situated on a 5.038 SF parcel of land. 1746-1748 Martina Ave offers a great unit consisting of (1) 1-Bed/2-Bath with a Den & (1) 1-Bed/1-Bath unit. Both units come separately metered for gas & electric, have access to a fenced-in backyard, and include laundry hookups. The property also features (3) one-car garages and a newly installed Orbit irrigation system.

1746-1748 Martina Ave is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historical low, and benefits from the long-term appreciation of Old Town Torrance.

 

Highlights:
<ul>
<li>Well-Maintained Duplex Consisting of (1) 1-Bed/2-Bath with Den &amp; (1) 1-Bed/1-Bath Unit</li>
<li>One-Unit (1-Bed/2-Bath) Can Be Delivered Vacant</li>
<li>Property Features (3) 1-Car Garages &amp; Laundry Hookups in Each Unit</li>
<li>1,485 SF of Living Space Situated on a 5,038 SF Lot with a Fenced-In Backyard</li>
<li>Separately Metered For Gas &amp; Electric and Recently Installed Orbit Irrigation System</li>
</ul>

Property Features

  • Sale Price: $775,000
  • Area Size: 1,485 SF
  • Land Area: 5,038 SF
  • Year Built: 1923
  • Listing Date: 9/30/2020
  • Closing Date: 11/30/2020
  • Units: 2
  • Current GRM: 20.27
  • Current Cap Rate: 3.07%
  • Price Per Unit: $425,000
  • Market GRM: 18.66
  • Market Cap Rate: 3.48%
  • Current NOI: $26,079

Lyon Stahl Investment Real Estate

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