Torrance, CA 90501,2264 Torrance BLVD
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Torrance, CA 90501,2264 Torrance BLVD
Torrance, CA 90501,2264 Torrance BLVD
Torrance, CA 90501,2264 Torrance BLVD
Torrance, CA 90501,2264 Torrance BLVD

$1,072,000

Est. payment /mo

$1,100,000

2.5%
Est.Price: ?

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2264 Torrance BLVD Torrance, CA 90501

4,782 Sqft Lot

SOLD DATE : 10/29/2024

Key Details

Sold Price $1,072,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24059696

Sold Date 10/29/24

HOA Y/N No

Year Built 1930

Lot Size 4,782 Sqft

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.

Location

State CA

County Los Angeles

Area 134 - Old Torrance

Interior

Fireplace No

Laundry Laundry Room

Exterior

Carport Spaces 3

Community Features Park

Total Parking Spaces 6

Building

Lot Description Back Yard, Sloped Down, Front Yard, Lawn, Near Park, Near Public Transit, Rectangular Lot, Trees, Zero Lot Line

Story 2

Water Public

Others

Tax ID 7355005004

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by John Fields • Bonanza Realty • 310-617-5850
Bought with Enrique Esparza Martinez • Realty One Group Homelink

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

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