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Listed by Amy Weber • COMPASS
$2,750,000
Est. payment /mo
7,006 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-20966
Year Built 2024
Lot Size 7,006 Sqft
Property Sub-Type Apartment
Property Description
This 2025 Brand new construction, modern multi-unit property offers incredible potential for investors seeking high-quality units in a rapidly appreciating area without the constraints of rent control. With two of the five units designated as affordable housing, the property provides long-term appreciation, tax benefits, and an unparalleled low-risk investment opportunity. Situated in a coveted Opportunity Zone, this asset represents a rare chance to secure a prime piece of real estate at an excellent price. The property sits on a 7,006 sqft lot with a total living space of 9,000 sqft. It features 18 bedrooms and 18 bathrooms across five luxury units. Tenants pay their own utilities, and the property is equipped with paid-off solar for significant energy savings. Two separate driveways, six parking spaces, and a two-car garage provide added convenience for both tenants and owners. Currently 90% completed, the property is expected to be ready for final completion and a Certificate of Occupancy in approximately 30 days. This presents a great opportunity to acquire a property just before it reaches full occupancy and maximizes its investment potential. Located near the vibrant Old Town Torrance, residents will enjoy easy access to high-end restaurants, trendy shops, and local amenities.Don't miss the chance to own a brand-new, high-quality property in this prime location. With immediate income potential, low-risk long-term benefits, and a community-focused investment, this multi-unit property is an opportunity you won't want to let slip away. Act now to secure this amazing asset for your portfolio!
Location
State CA
County Los Angeles
Area 122 - Harbor Gateway
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Parking Features Garage, Street, Driveway
Garage Spaces 2.0
Pool None
Community Features Curbs, Street Lights
View Y/N No
View None
Building
Lot Description Sprinklers None
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900