20717 Berendo AVE Active

Torrance,CA 90502

$ 1295000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24158851

Year Built 1948

Lot Size 5,697 Sqft

Property Description

Prime mixed-use property for sale in Torrance! A rare find for investors. This is a versatile investment opportunity to own a commercial unit and two residential apartments in Torrance (two bedrooms each). Located at the corner of Torrance Boulevard and Berendo Avenue. It is adjacent to a residential neighborhood, strategically located close to the 110 freeway. All units are fully occupied with great tenants and great relationship with landlord. This property is self-managed by owners with ease for over 10 years with almost no vacancy. No shortage of renters for the area.
Torrance boulevard provides a nice traffic count for the minimarket. Business is not for sale, only the property.

Location

State CA

County Los Angeles

Area 123 - County Strip

Zoning LCR2*

Interior

Cooling None

Fireplaces Type None

Laundry Inside

Exterior

Exterior Feature Awning(s)

Garage On Street

Fence Wood,Wrought Iron

Pool None

Community Features Street Lights,Sidewalks,Urban

Utilities Available Electricity Connected,Sewer Connected,Water Connected

Roof Type Shingle

Building

Lot Description Corner Lot

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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