1639 W 228th St Pending

Torrance,CA 90501

$ 2200000

14 Beds

8 Baths

3191 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,191 sqft

Price per Sqft $689

MLS Listing ID 22-211797

Bedrooms 14

Year Built 1961

Lot Size 0.331 Acres

Acres 0.3307

Property Description

Seller may consider carrying a 1st with 25% Down Payment. (Owner User Possible) Fully occupied Residential Reentry Center with a Strong Operator boasting a 7% Cap Rate based on current income. The offering is situated on a large double lot totaling 14,403 Sq. Ft. of CM-1VL Zoning with great future development potential. The Current Land Designation: is Hospitals, Convalescent Homes allowing many uses. The building has a large courtyard and has been recently updated with a pro style kitchen, washer and dryer hookups and a commercial fire alarm system.

Location

State CA

County Los Angeles

Area Harbor Gateway

Zoning LACM

Rooms

Other Rooms None

Interior

Heating None

Cooling Air Conditioning

Equipment None

Exterior

Parking Features None

Building

Story 1

Others

Special Listing Condition Standard

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