map Map favorite Favorite share Share image 11 Photos print Print
Photo
Photo Photo

2758 Orange Avenue

Torrance, CA 90501

$5,450,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1964

calendar_month Built

Property Description

We are pleased to present a 15 unit apartment community located at 2758 Orange Avenue in Torrance CA. Situated in Old Town, the subject property is proximate to many dining and entertainment options, and located on a quiet residential street. Current ownership has held this property for over 20 years and has maintained it particularly well including window roof and electric upgrades. Every subpanel has been upgraded in the units. 2758 Orange Avenue is an all electric building that benefits from a rare unit mix of mostly townhome style, two-story, condo quality floorplans. Amenities include oven range, large windows, vinyl plank flooring, and modern paint. The property also has ample parking, on-site laundry, private patios, and controlled gated access. Additionally a buyer has the opportunity to add up to 5 ADUs onsite. Priced attractively at over a 5.8% cap rate, and 11.43 GRM, the strong current cash flow with significant upside in NOI provides a rare value-add opportunity in a highly sought after submarket of the South Bay.

Listing Information

List Price $5,450,000
Status Active
MLS PW24103226
Type Residential Income
Subtype Apartment
Year Built 1964
Lot Size 21,789
Structure Size N/A
DOM 43
Courtesy Of Younglewin Advisors, Inc.
Listing Agent Shane Young DRE#01963090

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Carpet, Tile, Vinyl
Additional Information
Additional Features Balcony, Ceiling Fan(s)
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

home_work Nearby Properties

Image

$850,000

king_bed 3
shower 4
straighten 1,509
straighten 7,002
2060 W Carson Street, #1,

Torrance, CA 90501
Image

$2,950/month

king_bed N/A
shower N/A
straighten N/A
straighten 27,689
1870 W Carson Street,

Torrance, CA 90501
Image

$910,000

king_bed 3
shower 2
straighten 1,122
straighten 2,535
1912 W 222Nd Street,

Torrance, CA 90501
Image

$899,999

king_bed 3
shower 3
straighten 1,517
straighten 174,109
2160 Plaza Del Amo , #172,

Torrance, CA 90501
Image

$75,000

king_bed N/A
shower N/A
straighten N/A
straighten N/A
1715 Abalone Avenue, #306,

Torrance, CA 90501

Listing information courtesy of: Shane Young, Younglewin Advisors, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Jul 1st, 2024 at 11:08 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.