20717 Berendo Avenue

Torrance, CA 90502
$1,295,000
0.13 acres | #SB24158851
Courtesy of West Shores Realty, Inc.

Description

Prime mixed-use property for sale in Torrance! A rare find for investors. This is a versatile investment opportunity to own a commercial unit and two residential apartments in Torrance (two bedrooms each). Located at the corner of Torrance Boulevard and Berendo Avenue. It is adjacent to a residential neighborhood, strategically located close to the 110 freeway. All units are fully occupied with great tenants and great relationship with landlord. This property is self-managed by owners with ease for over 10 years with almost no vacancy. No shortage of renters for the area. Torrance boulevard provides a nice traffic count for the minimarket. Business is not for sale, only the property.

  • Property Details
      • Interior:Unfurnished, AllBedroomsDown
      • Stories:1
      • Lot description:CornerLot
      • Exterior materials:Awnings
      • Acres:0.1308
      • Property type:Multi-Family
      • Year built:1948
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityConnected, SewerConnected, WaterConnected
      • County:Los Angeles
      • Original List Price:$1, 295, 000
      • MLS #:SB24158851
      • Cost:1295000
      • Property subtype:MixedUse
      • MLS #:SB24158851

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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