3903 W 178th St, Torrance, CA 90504

3903 W 178th St, Torrance, CA 90504

Torrance, CA 90504

Property Description

3903 W 178th St is a great opportunity for an owner-user or investor alike. The subject property is situated west of the 405, where tenants enjoy great dining/shopping options, access to award winning schools, and close proximity to top notch hospitals. Sitting on a corner lot, 3903 W 178th St has a great unit mix where each unit averages over 1,000 square feet. The front unit is a huge owners unit which is single storied and has 3-bedrooms/2-bathrooms. The middle two units are both 3-bedroom/2-bath townhouse style units. Lastly, the back unit is a large 3-bedroom/1-bath unit. This unique layout allows tenants to have a more controlled quiet environment as no unit is above one another. On site, there is a common laundry room that creates additional income for the owner and a garage spot for each unit.

Property Features

  • Sale Price: 1,800,000
  • Area Size: 4,391 SF
  • Year Built: 1964
  • Listing Date: August 5, 2021
  • Closing Date: October 11, 2021
  • Units: 4
  • Current GRM: 19.70
  • Current Cap Rate: 3.04%
  • Price Per Unit: 450,000
  • Market GRM: 14.81
  • Market Cap Rate: 4.63%