Sold
Closed
24610 Park Street
Torrance CA, 90505
$2,005,000
$443.58 per sqft
Sold
Closed
4,520 sqft
Multi-family
Built in 1964
Listed by Steven Bogoyevac with Steven M. Bogoyevac, Broker [email protected]
On market for the first time in 40 years! 24610 Park Street is a well-maintained five-unit apartment building in Torrance, California. This offering presents an outstanding opportunity for an investor to acquire an asset with a strong unit mix, desirable location, and 48 percent rental upside.
24610 Park Street is a 1964 construction with a mix of one one-bed/one-bath unit, three two-bed/one-and-one-half-bath units, and one three-bed/one-and-one-half bath unit. The 4,520-square foot building is all-electric and offers five single-car garages, on-site laundry, a security camera system, and lush landscaping. Furthermore, the building features a newer roof and upgraded interiors in select units.
This property boasts a great South Bay location in an affluent neighborhood on the border of Rolling Hills Estates; the average household income within one mile exceeds $167,000. Additionally, this building is just over one block to Walteria Elementary School.
PW24029833
MLSⓇ ID
February 12, 2024
Listed
November 22, 2024
Updated
Map
24610 Park Street
Torrance CA, 90505
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.18 Acres
Lot Features
Rectangular Lot
Sewer
Public Sewer
Other Property Details
Area Name
125 - Walteria
Days on Market
4
Garage
Yes
Garage Spaces
5
Parking Total
5
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
TORR-MD
Listing History
Date | Event | Price |
|---|---|---|
3/9/2024 | Sold | $2,005,000 |
2/24/2024 | Pending | — |
Listing Contact: 562-436-5800
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/22/2024 at 7:14 PM UTC