Properties
Torrance, CA 90503 21110 Wood Avenue
$5,395,000
13 more
Presented By: Jonathan Nikfarjam with Shield CRE, Inc.;
Beds • 15
Baths • 6
SQFT • 10,638
Garage • 18
Home Details
Price Reduced by Over $600,000 | 18-Unit Apartment in Highly Desirable West Torrance Location | Located Approximately 1 Mile from the Pacific Ocean & Redondo Beach Pier and Close Proximity to Del Amo Fashion Center, King Harbor & Village Del Amo | Large 13,787-SF Lot | Desirable Opportunity to Add ADUs | Total of 18 Garage Spaces | No Local Rent Control - Defaults to AB 1482 | 5.68% Current Cap Rate & 11.76 Current GRM | 6.65% Pro-Forma Cap Rate & 10.47 Pro-Forma GRM | Four Units Delivered Vacant | Common Area Courtyard | On-Site Laundry Facility - Generates Additional Annual Income
Presented By: Jonathan Nikfarjam with Shield CRE, Inc.;
Interior Features for 21110 Wood Avenue
Bedrooms
Total Bedrooms15
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths19
Other Interior Features
LivingAreaSourceEstimated
Laundry FeaturesLaundry Room
Total Stories2
General for 21110 Wood Avenue
Additional Parcels Y/NNo
Cap Rate5.68
CityTorrance
CountyLos Angeles
DirectionsWest of Anza Avenue, North of Torrance Boulevard, South of Maricopa Street, East of Prospect Avenue
Full Baths
Garage Spaces18
Garage Y/NYes
Gross Income463704
HOANo
LevelsTwo
Living Area10638
Lot Size Square Feet13787
Lot Size UnitsSquare Feet
MLS Area131 - West Torrance
Net Operating Income306386
New ConstructionNo
Number Of Units Total18
PostalCityTORRANCE
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count2
ViewCourtyard
Year Built1961
Year Built SourceOther
ZoningTORR-MD
Exterior for 21110 Wood Avenue
Building Area Total10638
Lot Size Acres0.3165
Lot Size Area13787
Lot Size SourceEstimated
Number of Buildings1
Number of Separate Electric Meters18
Parking FeaturesGarage
Total Parking18
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
