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3636 Redondo Beach Blvd Torrance, CA 90504
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Key Details
Sold Price $1,750,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,672 sqft
Price per Sqft $374
MLS Listing ID 24-429959
Sold Date 10/24/24
Bedrooms 9
Year Built 1963
Lot Size 5,335 Sqft
Acres 0.1225
Property Description
Prime investment opportunity in Northern Torrance, ideal for savvy investors or owner-users. Located at 3636 Redondo Beach Blvd, this quadplex features a well-balanced unit mix with (3) three 2+2 units and (1) one 3+2 unit. One of the 2-bedroom units is currently vacant, providing immediate leasing or occupancy potential. Among other upgrades, the entire roof has been recently replaced with a highly reflective Polyfresko system, enhancing the property's durability and energy efficiency. Situated on a 5,335 SF lot, the property is conveniently located directly across from Alondra Community Park, offering access to a golf course, skate park, swimming pool, basketball courts, baseball fields, and more. With recent upgrades, one vacant unit, below-market rents in the occupied units, and potential for garage/ADU conversion, this property presents an excellent opportunity for investors to unlock significant rental income growth.
Location
State CA
County Los Angeles
Area North Torrance West
Zoning TORR-MH
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment Dishwasher, Range/Oven, Refrigerator, Microwave, Dryer, Washer
Laundry Outside, Laundry Area
Exterior
Parking Features Garage - 4+ Car, Private, Attached, Parking Space, On street
Garage Spaces 5.0
Pool None
Waterfront Description None
View Y/N Yes
View Golf Course, Park
Roof Type Other
Building
Lot Description Sidewalks
Story 2
Sewer In Street
Water Public
Level or Stories Two
Others
Special Listing Condition Standard
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Bought with eXp Realty of California Inc