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Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
$ 8,600,000
Est. payment | /mo
11,695 SqFt
$ 8,600,000
Est. payment | /mo
11,695 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 11,695 sqft
Price per Sqft $735
MLS Listing ID CRSB25152883
HOA Y/N No
Year Built 1962
Lot Size 0.689 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
17302 Ermanita Ave is a turnkey 17-Unit situated in a prime pocket of NW Torrance. The property consists of (1) 2-bed/2-bath unit, (5) 2-Bed/1-Bath, (7) 1-Bed/1-Bath, and (4) Studio Units – with a strong in-place income of over $47K/Mo. The 11,695 SF building sits on a massive 29,992 SF lot and features a BBQ & fire pit area for tenants to enjoy – on top of the pristine quality of the units that are fully equipped with a washer, dryer and AC. The whole building is newly renovated and recent capital improvements to the exterior include: New Roof, Windows, Front Doors & Wood Siding, Improved Landscaping, New Exterior Paint, Copper Plumbing, New Electrical & Drain Lines. The interior is dressed with top-of-the-line renovations including: New Cabinets, Carrara Style Quartz Countertops, Smooth Interior Ceilings, Wood Laminate Flooring, Stainless Steel Appliances, Recessed Lighting, New Bathroom Tile & Interior doors. The property is strategically located on a quiet street in Northwest Torrance – in close proximity to Alondra Park Golf Course, El Camino College, and the South Bay Galleria. With its sizable living space, desirable location, and impressive income, this property is a great opportunity for any investor looking for a cash-flowing prize asset. *Available with Assumable
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227