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1746-1748 Martina Ave, Torrance, CA 90501

1746-1748 Martina Ave, Torrance, CA 90501
$850,000

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:

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

Property Downloads

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

Detail

Updated on September 30, 2020 at 9:23 am

  • Price: $850,000
  • List Date: 9/30/2020
  • Property Size: 1,485 Sq Ft
  • Land Area: 5,038 Sq Ft
  • Year Built: 1923
  • Property Type: Multifamily, Duplex
  • Property Status: Active
  • Numbers of Units: 2
  • NOI: $26,079
  • GRM: 20.27
  • CAP RATE: 3.07%
  • Price per Unit: $425,000
  • Market GRM: 18.66
  • Market CAP RATE: 3.48%

Contact info

Woody Stahl
Woody Stahl
(310) 880-0926(310) 710-3829
Linkedin
Brett Lyon
Brett Lyon
(310) 880-5328(310) 780-1899
Linkedin

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