1639 W 228th ST Pending

Torrance,CA 90501

$ 2200000

14 Beds

8 Baths

3191 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,191 sqft

Price per Sqft $689

MLS Listing ID 22211797

Bedrooms 14

Year Built 1961

Lot Size 0.331 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area 122 - Harbor Gateway

Zoning LACM

Interior

Heating None

Exterior

Garage None

Building

Story 1

New Construction No

Others

Special Listing Condition Standard

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