Torrance, CA 90503,21007 Ladeene AVE
Torrance, CA 90503,21007 Ladeene AVE
Torrance, CA 90503,21007 Ladeene AVE
Torrance, CA 90503,21007 Ladeene AVE
Torrance, CA 90503,21007 Ladeene AVE
Torrance, CA 90503,21007 Ladeene AVE
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$1,950,000

$1,975,000

1.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6,303 Sqft Lot


SOLD DATE : 08/26/2024

Key Details

Sold Price $1,950,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24147515

Sold Date 08/26/24

HOA Y/N No

Year Built 1963

Lot Size 6,303 Sqft

Property Description

This prime fourplex investment opportunity in the heart of Torrance offers an exceptional chance for both seasoned and first-time investors. Located in the desirable West Torrance neighborhood, this well-maintained property is surrounded by top-rated schools, parks, shopping centers, and dining options, making it an attractive option for tenants.

The fourplex comprises four spacious units with a total of 4,271 square feet of living space. The units include a 3 bed, 2 bath; a 2 bed, 2 bath; a 2 bed, 1 bath; and a 1 bed, 1 bath, providing comfortable living spaces ideal for families, professionals, and individuals alike. The property sits on a generous 6,500 square foot lot, featuring a well-kept front yard and a private backyard area perfect for relaxation and outdoor activities. Each unit comes with assigned parking in attached garages. The 3-bedroom unit gets 2 spaces, while the other units each get 1 space, ensuring convenience and security for all residents.

Two of the units have been fully remodeled, and the roof on the back building was just replaced last week, showcasing the meticulous care provided by the current owner. On-site laundry facilities add to the convenience and appeal of the property.

Situated in a quiet, family-friendly neighborhood with easy access to major highways, public transportation, and the beautiful South Bay beaches, this property is ideally located. It is also zoned for the highly regarded Torrance Unified School District, known for its excellent educational opportunities. With stable rental income and high demand for rental properties in the area, this fourplex presents a solid income-generating investment.

Whether you’re looking to expand your investment portfolio or secure a property with great rental potential, this fourplex is a fantastic choice. Experience the best of Torrance living with this versatile and profitable property. Schedule your private tour today and envision the possibilities this investment has to offer.

Location

State CA

County Los Angeles

Area 131 - West Torrance

Zoning TORR-MD

Rooms

Ensuite Laundry Common Area, Laundry Room, Outside

Interior

Laundry Location Common Area,Laundry Room,Outside

Heating Central

Cooling None

Flooring Carpet, Vinyl

Fireplaces Type None

Fireplace No

Laundry Common Area, Laundry Room, Outside

Exterior

Garage Assigned, Garage

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Street Lights, Sidewalks

Parking Type Assigned, Garage

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two,Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Two, Multi/Split

New Construction No

Others

Senior Community No

Tax ID 7524027009

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract

Listing Terms Cash, Cash to New Loan, Conventional, Contract

Financing Cash

Special Listing Condition Standard

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Justin & Jessica Bouzane

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California Regional MLS (CRMLS)
Listed by Edward Kaminsky • eXp Realty of California, Inc • 310-427-2414
Bought with Grace Lee • Max Mega Group

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Justin & Jessica Bouzane

Broker Associate | Lic# 01905244

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