Torrance, CA 90504 16725 Crenshaw Boulevard
$1,450,000
8 more
Presented By: Everardo Duran with Duran Properties; 310 704-1070
- MLS# SB25023187
- 02/13/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 8
Baths • 4
SQFT • 3,520
Garage • 4
Home Details
****PRICE REDUCTION**** This well-maintained 4-unit building offers an excellent investment opportunity in the heart of the city of Torrance. The building has been meticulously cared for, featuring long-term tenants. Situated in a highly sought-after neighborhood, the property is just minutes away from top-rated schools and El Camino College. Centrally located to major freeways (405fwy, 110fwy, 91fwy), ensuring a quick commute to surrounding areas and Downtown L.A. Each unit comes with its own private garage, providing added storage. The building also features an on-site laundry room for additional tenant convenience. With a strong rental history and a high upside rental potential this property provides an attractive return on investment.
Presented By: Everardo Duran with Duran Properties; 310 704-1070
Interior Features for 16725 Crenshaw Boulevard
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 16725 Crenshaw Boulevard
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityTorrance
Community FeaturesStormDrains, StreetLights, Sidewalks
ContingencyAll offers will be subject to interior inspection. Please do not walk onto the property or disturb the tenants. Seller is a license Real Estate Broker.
CountyLos Angeles
DirectionsNorth of Artesia Blvd/South of Redondo Beach Blvd
Electric Expense1260.0
Electric On Property Y/NNo
Entry Location1
ExclusionsTenants personal items
Fuel Expense187.0
Garage Spaces4.0
Garage Y/NYes
Gross Income925.0
HOANo
Home Warranty Y/NNo
Insurance Expense2015.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet5153.0
Lot Size UnitsSquareFeet
MLS Area132 - N Torrance - West
MobileHomeRemainsYNNo
Net Operating Income67542.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense10158.0
Pool FeaturesNone
PossessionCloseOfEscrow, SeeRemarks
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot63
Tenant PaysCableTv, Electricity, Gas
Trash Expense3996.0
UtilitiesSeeRemarks
Water Sewer Expense2580.0
Waterfront Y/NNo
Year Built1954
Year Built SourceAssessor
ZoningTORR-MD
Exterior for 16725 Crenshaw Boulevard
Building Area Total3520.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1183
Lot Size Area5153.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate