$2,480,000
20520 S Western Avenue
Torrance, CA, 90501
Property Description
A rare find newer 4-unit income property built in 2017. Newer modern townhouse-style with 2-car attached garage for each unit. All 4 units have 3 ensuite bedrooms. An incredible unique investment property that generates great income with 4.72% cap rate and low maintenance cost to the owner. Tenants pay their own utilities including water and trash. Separate electricity, gas and water meter for each unit. This property is located in very convenient location. Close to old town Torrance where features many nice restaurants and shops. There are 2 buildings on the property; each building has 2 units. The main level offers an open living room, a modern kitchen and one bedroom with its own bathroom. The upper level has two ensuite bedrooms, storage areas and balconies. Laminated floors throughout. Each unit has an attached 2-car tandem parking garage with a laundry closet. There are fenced front and backyards with gated driveway.
Property Details
Price:
$2,480,000
MLS #:
PV24227444
Status:
Active
Baths:
0
Address:
20520 S Western Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
122harborgateway
City:
Torrance
Listed Date:
Nov 23, 2024
State:
CA
ZIP:
90501
Lot Size:
6,084 sqft / 0.14 acres (approx)
Year Built:
2017
Schools
Interior
Cooling
Central Air
Fireplace Features
None
Heating
Central
Exterior
Community Features
Curbs, Sidewalks, Storm Drains, Street Lights
Garage Spaces
4.00
Lot Features
Back Yard, Front Yard, Level with Street, Sprinklers In Front
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
3
Water Source
Public
Financial
Association Fee
0.00
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20520 S Western Avenue
Torrance, CA
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