Torrance, CA 90501,22720 Harvard
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Torrance, CA 90501,22720 Harvard
Torrance, CA 90501,22720 Harvard
Torrance, CA 90501,22720 Harvard
Torrance, CA 90501,22720 Harvard
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$ 1,595,000
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22720 Harvard Torrance, CA 90501

6,240 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 6,240 sqft

Price per Sqft $255

MLS Listing ID CRSB25231210

HOA Y/N No

Year Built 1955

Lot Size 8,068 Sqft

Acres 0.19

Property Sub-Type Other

Property Description

8-Unit Apartment Building | First Time on Market in 26 Years! Rare investment opportunity: two 4-unit buildings on one parcel. Each unit is 2 bed/1 bath. Huge upside in rents with a possible 10.3% market CAP and 7.7 market GRM! Upgrades include new roofs, new electrical panels, 68 new vinyl windows (2025), and freshly painted exterior. One remodeled unit is rent-ready. Most units feature updated vinyl/tile flooring. All units include gas range, water heater, and gas wall furnace. 1 covered carport space per unit. Shared courtyard. Many long-term tenants. Subject to City of Los Angeles Rent Control (RSO). Convenient location near freeways, shopping, and restaurants. Huge rental upside.

Location

State CA

County Los Angeles

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Flooring Tile, Vinyl, Carpet, Wood

Fireplace No

Laundry Other, In Kitchen

Building

Lot Description Other, Back Yard

New Construction No

Others

Tax ID 7347015002


Bridge MLS
Listed by Jim Porter • Porter Heritage
Devin Ratoosh

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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22720 Harvard