Properties
Torrance, CA 90501 1612 W 226th Street
$1,705,000
10 more
Presented By: LOU WU with LOU EDWARDS FINANCIAL INC.; 949-870-2882
Baths • 1
SQFT • 3,124
Garage • 4
Home Details
INCREASE CASH FLOW! NEW CALIFORNIA LAW WILL ALLOW UP TO 4 ADU ON THIS LOT!! THERE ARE FOUR CAR GARAGES THAT YOU CAN EASILY CONVERT OR EXPAND INTO 4X 1 OR 2 BEDROOM UNITS WHILE STILL MAINTAINING A MASSIVE PARKING LOT. INCREASE YOUR CASH FLOW!!
FULLY RECENTLY RENOVATED FOURPLEX WITH LAUNDRY ROOM AND 4 CAR GARAGES. PERFECT FOR INVESTOR.
Presented By: LOU WU with LOU EDWARDS FINANCIAL INC.; 949-870-2882
Interior Features for 1612 W 226th Street
Other Interior Features
Air Conditioning Y/NNo
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Laundry FeaturesCommon Area, Laundry Room
Total Stories2
Other Rooms
Entry Level1
General for 1612 W 226th Street
AccessibilityNone
Additional Parcels Y/NNo
AppliancesDishwasher, Gas Oven, Gas Range, Refrigerator, Water Heater
Building Area UnitsSquare Feet
Cap Rate5.83
CityTorrance
Community FeaturesStreet Lights
ContingencyPLEASE SEND ALL OFFERS , POF AND PREAPPROVAL TO LOU@LOU-EDWARDS.COM LOU EDWARDS FINANCIAL INC DOES NOT GUARANTEE THE ACCURACY OF SQUARE FOOTAGE, LOT SIZE OR OTHER INFORMATION CONCENING THE CONDITION OR FEATURES OF THE PROPERTY PROVIDED BY THE SELLER OR OBTAINED FROM PUBLIC RECORDS AND OTHER SOURCES. BUYERS AND BUYERS AGENT DUE THEIR DILEGENCE TO VERIFY ANY AND ALL INFORMATION.
CoolingNone
CountyLos Angeles
DirectionsOFF WESTERN AVE & 226TH ST
Entry Location1
Garage Spaces4
Garage Y/NYes
Gross Income10855
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense2500
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet7202
Lot Size UnitsSquare Feet
MLS Area122 - Harbor Gateway
Net Operating Income104860
New ConstructionNo
Number Of Units Total4
Number of Units Leased2
Open Parking Spaces5
Operating Expense32000
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityTORRANCE
Property Attached Y/NYes
Property ConditionUpdated/Remodeled
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NYes
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot406
Taxes$22,500
Tenant PaysElectricity, Gas
Trash Expense0
UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
ViewNeighborhood
Water Sewer Expense7000
Year Built1948
Year Built SourcePublic Records
ZoningLARD1.5
Exterior for 1612 W 226th Street
Building Area Total3124
FencingBlock
Foundation DetailsSlab
Lot FeaturesPaved
Lot Size Acres0.1653
Lot Size Area7202
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesAssigned, Concrete, Garage, Paved
Private PoolNo
SpaNo
Total Parking9
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
