Description
RARE TURNKEY investment opportunity featuring THREE PERMITTED VACANT UNITS in a Single Family Home Dwelling with major system upgrades and strong income potential! This well-maintained property offers an ideal setup for owner-users or investors seeking cash flow, house-hacking, or multi-generational living. The front unit (1520) is a spacious 3-bedroom residence featuring bamboo and tile flooring, a generously sized living area, an updated bathroom, and an upgraded kitchen, making it highly desirable for long-term tenants or owner occupancy. The JADU (1522 ½) was completed and fully permitted in 2023, offering modern efficiency with newer electrical, recess lighting, mini-split heating and cooling, a fully updated kitchen and full bathroom, and sliding door access to the backyard and patioperfect for maximizing rental appeal. The rear ADU (1522), built in 2018, is an oversized 1-bedroom, 1-bath unit with an expansive living room and floor-to-ceiling sliding doors opening to the backyard and patio. This unit features a kitchen with a portable granite-top island, recessed lighting, upgraded dual-pane windows for abundant natural light, and a gas fireplace to entertain and enjoy! Bamboo and tile flooring is installed throughout for design and durability. Property has double pane energy efficient windows throughout and is wired for a rear jacuzzi, pre-wired for interior and exterior security cameras, and is sprinkler ready. Additional cost saving upgrades includes full exterior including security gates and block walls were painted in 2024 along with ABS replacement of the main sewer line. Owner may take advantage of FHA and Conventional financing for owner occupy income earning opportunity. Take advantage of the strong cash flow, rental upside, and long-term appreciation potentiala true income-producing asset ready for immediate returns.
Details
| MLS # | PW26006679 |
|---|---|
| Listing Type | For Sale |
| Style | Triplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 227 |
| Listing Provided By | Luxre Realty, Inc. | Sarah Bui |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,315 |
| Story(s) | 1 |
| Units | 3 |
| Acreage | 0.16 |
| Property View | None |
Interior
| Cooling | None |
|---|---|
| Heating | Ductless, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Breakfast Bar, Ceiling Fans, Eat In Kitchen, Granite Counters, Open Floorplan, All Bedrooms Down |
| Window Features | Double Pane Windows |
| Appliances | Electric Oven, Electric Range, Gas Oven, Gas Range, Microwave, Refrigerator |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Shingle |
|---|---|
| Foundation Details | Raised, Slab |
| Lot Features | Zero To One Unit Acre |
| Fencing | Block, Good Condition, Privacy |
Parking
| Parking Features | Concrete, Driveway, On Site, Paved, Side By Side, Uncovered |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Street Lights, Sidewalks, Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Torrance |
| Zip Code | 90501 |
| Area | 122 Harbor Gateway |
| Listing VS Median (in 90501) | |
Price: $1,525,000 low | high Med: $1,750,000 sqft: 2,315 low | high Med: 3,754 $ / sqft: $659 low | high Med: $466 On site: 227 low | high Med: 105 | |
Market Activity 90501
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Torrance |
| Zip Code | 90501 |
| Area | 122 Harbor Gateway |
| Listing VS Median (in 90501) | |
Price: $1,525,000 low | high Med: $1,750,000 sqft: 2,315 low | high Med: 3,754 $ / sqft: $659 low | high Med: $466 On site: 227 low | high Med: 105 | |