1639 W 228Th Street, Torrance, CA 90501 - Berkshire Hathaway HomeServices California Properties
1639 W 228th Street Torrance, CA 90501
$2,200,000 14 beds, 8 baths
3, 191 sqft

Agent Remarks

Seller may consider carrying a 1st with 25% Down Payment. (Owner User Possible) Fully occupied Residential Reentry Center with a Strong Operator boasting a 7% Cap Rate based on current income. The offering is situated on a large double lot totaling 14,403 Sq. Ft. of CM-1VL Zoning with great future development potential. The Current Land Designation: is Hospitals, Convalescent Homes allowing many uses. The building has a large courtyard and has been recently updated with a pro style kitchen, washer and dryer hookups and a commercial fire alarm system.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 22211797
List price is $2,200,000 Reduced by $150,000 on 10/31/2022
Beds: 14
Baths: 8
Built in 1961
3,191 sqft
0.33 acres
Lot size: 0.3306
County: Los Angeles
Zoning: LACM
Parking description: None
Heating description: None
MLS area: 122 - Harbor Gateway

Last Updated: 10/1/2024

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This listing belongs to the 122 - Harbor Gateway MLS area

Lat/Long: 33.819494, -118.307802.
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Listing Agent: Jon Emrani
Lic#: 01801928
Office Name: Sherman Oaks

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