16910 Crenshaw Blvd | Torrance, CA 90504
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- LoopNet Team
16910 Crenshaw Blvd
Torrance, CA 90504
16910-16924 Crenshaw Boulevard · Multifamily Property For Sale · 29 Units
Investment Highlights
- NO LOCAL RENT CONTROL - DEFAULTS TO AB 1482 | 29-UNIT INVESTMENT OPPORTUNITY IN OUTSTANDING TORRANCE LOCATION
- PRICED AT ONLY $193,103 PER UNIT | EACH UNIT CONTAINS INDIVIDUAL HOT WATER HEATERS
- COURTYARD, POOL, 29 PARKING SPACES & ON-SITE LAUNDRY FACILITY
- SITUATED ON ADJACENT PARCELS - EACH LOT WITH ITS OWN APN | 5.69% CAP RATE & 11.67 GRM | PRO-FORMA CAP RATE OF 7.97%
- TOTAL OF 12,952-SF OF LIVING AREA ON LARGE 19,824-SF CORNER LOT | ALL-ELECTRIC BUILDINGS
- ONE BUILDING WITH NEWER ROOF
PROPERTY FACTS
| No. Units | 29 | Building Size | 12,952 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1959 |
| Building Class | B | Parking Ratio | 2.24/1,000 SF |
| Lot Size | 0.46 AC |
| No. Units | 29 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.46 AC |
| Building Size | 12,952 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 2.24/1,000 SF |
Site Amenities
- Courtyard
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $1,268 | - |
| 1+1 | 3 | $1,577 | - |
| Studios | 24 | $1,364 | - |
PROPERTY TAXES
| Parcel Number | 4093-016-042 | Improvements Assessment | $760,284 |
| Land Assessment | $370,952 | Total Assessment | $1,131,236 |
PROPERTY TAXES
Parcel Number
4093-016-042
Land Assessment
$370,952
Improvements Assessment
$760,284
Total Assessment
$1,131,236
zoning
| Zoning Code | TORR-MD |
| TORR-MD |
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