2264 Torrance Boulevard

Torrance, CA 90501

PRICE REDUCED

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-$50,000 (-4.35%)

$1,100,000

List Price

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1930

calendar_month Built

Property Description

Subject to Cancellation of Existing Escrow. Mixed use property on a knoll above high traffic Torrance Bl. in nice area of Old Torrance. Property still shows as a triplex in the tax rolls. City of Torrance permits from early 1980's show front duplex turned into four office spaces with bathroom and kitchenette. Three of the four offices rented at below market rents and the owner is using suite #2. Above the three car garage in the rear is a two bedroom apartment. Separate patio and yard area for this unit. There are also three side by side parking spaces for the front offices on the side alley. Property has been well kept. Rents are low. Could turn the front four offices back into two 1 bedroom, 1 bath units each with a garage and one extra parking space would easily rent for at least $2,200 per month each. Front structure is also 1,248 sqare feet so it could also be turned into one house. No State or City Rent Control on office property. Large front yard. Great potential and great upside.

Listing Information

List Price $1,100,000
Status Pending
MLS SB24059696
Type Commercial
Subtype Mixed Use
Year Built 1930
Lot Size 4,782
Structure Size N/A
DOM 130
Courtesy Of Bonanza Realty
Listing Agent John Fields DRE#00993786

Interior Features

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Total Bedroom
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Exterior Information

Maps

Listing information courtesy of: John Fields, Bonanza Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 13th, 2024 at 1:38 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.