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1453 W 228th St, Torrance, CA 90501

$1,550,000

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.

Address

  • City: Torrance
  • State/county: CA
  • Country: United States

Detail

Updated on October 24, 2018 at 6:55 pm

  • Price: $1,550,000
  • List Date: 6/18/18
  • Sell Date: 8/15/18
  • Property Size: 4,605 Sq ft
  • Land Area: 7,138 Sq ft
  • Bedrooms: 8
  • Bathrooms: 8
  • Year Built: 1989
  • Property Type: Multifamily
  • Property Status: Sold
  • Numbers of Units: 8

Contact info

Brett Lyon
Brett Lyon
(310) 880-5328(310) 880-5328
Linkedin
Woody Stahl
Woody Stahl
(310) 880-0926(310) 880-0926
Linkedin

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