18229-18231 Regina Ave, Torrance, CA 90504

18229-18231 Regina Ave, Torrance, CA 90504

Torrance, CA

Property Description

Lyon | Stahl is pleased to present 18229-18231 Regina Ave in North Torrance. This property consists of two (2) homes on a lot that have a total living area of 2,087 SF. The front house (2-bed/1-bath) has half copper and half galvanized plumbing and features all new windows. The back house consists of 3-bed/2-baths and was recently remodeled with new laminate and tile flooring, new appliances, and all copper plumbing. The main water line for the entire property is also copper and the roof was recently replaced 5 years ago. Given the property’s upside and central location near restaurants and retailers, this is a great opportunity for any investor looking to add a great piece of real estate to their portfolio!


<strong>Investment Highlights:
<div>● Two (2) homes on a lot | Back – (1) 3-bed/2-bath | Front – (1) 2-bed/1-bath
● 2,087 SF of total living space situated on 6,754 SF of land
● Front house has new windows | Half copper &amp; half galvanized plumbing
● Back house was recently remodeled | New laminate &amp; tile flooring &amp; appliances | All copper plumbing
● Main water line is copper | Recently replaced roof (5 years ago)
● Great location! Close proximity to retailers &amp; restaurants</div>
<strong> </strong>

Property Features

  • Sale Price: $920,000
  • Area Size: 2,087 SF
  • Land Area: 6,754 SF
  • Year Built: 1949
  • Closing Date: 1/16/2019
  • Units: 2
  • Current GRM: 16.10
  • Current Cap Rate: 4.81%
  • Price Per Unit: $480,000
  • Current NOI: $46,207

Lyon Stahl Investment Real Estate

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