Legacy Building Ownership and Partnership | 4445 Pacific Coast Hwy
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Legacy Building Ownership and Partnership 4445 Pacific Coast Hwy
80 Unit Apartment Building $936,000 ($11,700/Unit) Torrance, CA 90505
Investment Highlights
- The offering is for a fractional share purchase of 0.816565% thereby buying out one of the limited partners (“Seller”).
- The monthly distribution for this limited partner is currently $1,542.16, plus any year-end partnership distributions.
Executive Summary
A rare opportunity for an investor to be part of a legacy building ownership and partnership. Located at 4445 Pacific Coast Highway in Torrance, California known as “Willow Tree Apartments” this approximately 445,505 square foot 436 unit building is professionally managed by Bayco Financial Corporation and owned under Willow Tree Apartments, L.P. (“Partnership”) enjoying stable income.
The offering is for a fractional share purchase of 0.816565% thereby buying out one of the limited partners (“Seller”). The monthly distribution for this limited partner is currently $1,542.16, plus any year-end partnership distributions. The asking price for the share is $936,000 on an as-is, where-is, all-cash basis.
Please note this is not a sale of the entire property and the sale is subject to transfer of limited partnership shares and subject to the in-place Partnership Agreement. Heather Boren, Broker and principal of Estate Match Realty (“Broker”) is related to the limited partner (“Seller”) and has potentially a financial interest. Although the information contained herein is believed to be correct, prospective purchasers are hereby advised to conduct their own due diligence and independently verify any information provided. Additional information will be made available upon written request to interested and qualified prospective purchasers.
Executive Summary
Property Name: Willow Tree Apartments
Property Address: 4445 Pacific Coast Highway, Torrance, CA
Gross Building Area: 445,505 square feet
Number of Units: 436
Year Built: 1970
Ownership: Limited Partner shares equal to 0.816565%
Asking Price: $936,000
The offering is for a fractional share purchase of 0.816565% thereby buying out one of the limited partners (“Seller”). The monthly distribution for this limited partner is currently $1,542.16, plus any year-end partnership distributions. The asking price for the share is $936,000 on an as-is, where-is, all-cash basis.
Please note this is not a sale of the entire property and the sale is subject to transfer of limited partnership shares and subject to the in-place Partnership Agreement. Heather Boren, Broker and principal of Estate Match Realty (“Broker”) is related to the limited partner (“Seller”) and has potentially a financial interest. Although the information contained herein is believed to be correct, prospective purchasers are hereby advised to conduct their own due diligence and independently verify any information provided. Additional information will be made available upon written request to interested and qualified prospective purchasers.
Executive Summary
Property Name: Willow Tree Apartments
Property Address: 4445 Pacific Coast Highway, Torrance, CA
Gross Building Area: 445,505 square feet
Number of Units: 436
Year Built: 1970
Ownership: Limited Partner shares equal to 0.816565%
Asking Price: $936,000
Property Facts
| Price | $936,000 | Apartment Style | Garden |
| Price Per Unit | $11,700 | Building Class | B |
| Sale Type | Investment | Lot Size | 9.57 AC |
| Sale Conditions | Business Value Included | Building Size | 445,505 SF |
| No. Units | 80 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | Parking Ratio | 1.53/1,000 SF |
| Price | $936,000 |
| Price Per Unit | $11,700 |
| Sale Type | Investment |
| Sale Conditions | Business Value Included |
| No. Units | 80 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 9.57 AC |
| Building Size | 445,505 SF |
| No. Stories | 3 |
| Year Built | 1970 |
| Parking Ratio | 1.53/1,000 SF |
Unit Amenities
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Heating
- High Speed Internet Access
- Range
- Intercom
- Patio
Site Amenities
- Clubhouse
- Fitness Center
- Laundry Facilities
- Pool
- Sauna
- Spa
- Tennis Court
- Gated
- Gameroom
- Grill
- Conference Rooms
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 80 | - | 764 |
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Walk Score ®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | 7529-018-001 | Improvements Assessment | $15,576,622 |
| Land Assessment | $3,591,246 | Total Assessment | $19,167,868 |
PROPERTY TAXES
Parcel Number
7529-018-001
Land Assessment
$3,591,246
Improvements Assessment
$15,576,622
Total Assessment
$19,167,868
zoning
| Zoning Code | TOC2YY |
| TOC2YY |
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Legacy Building Ownership and Partnership | 4445 Pacific Coast Hwy
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