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2401 Apple Avenue Torrance, CA 90501
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Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24116095
Bedrooms 4
Lot Size 8,801 Sqft
Property Description
Rare and incredible opportunity to own a multi-family property in the heart of Torrance! This property consists of a 2 bed, 1 bath Single Family home (~1200sf) + a Duplex with (2) 1 bed, 1 bath units (~550sf each) making it perfect for a savvy investor, or owner occupant who can benefit from rental income. The well-loved Single Family home features an open kitchen/dining layout and a large family room with a fireplace. It was remodeled in 2021 with a stunning new kitchen, new bathroom, new electrical, flooring and light fixtures. One of the duplex units was also completely remodeled in 2021, making it ready to rent out for top dollar, or host extended family or friends. Additional upgrades over the years include exterior windows, fencing, paint & stucco, sewer line, plumbing and instant hot water heater. The expansive 8800sf lot offers privacy between the front and back units, and potentially room to add an additional unit. It also has alley access at the rear and an RV pad. This hidden gem is located on a quiet cul-de-sac in a fantastic neighborhood situated between Charles Wilson Park and Torrance Park, and right behind Torrance Elementary. Its walking distance to Downtown Torrance, in close proximity to the Del Amo mall, many restaurants, and the 405 and 110 freeways.
Rare and incredible opportunity to own a multi-family property in the heart of Torrance! This property consists of a 2 bed, 1 bath Single Family home (~1200sf) + a Duplex with (2) 1 bed, 1 bath units (~550sf each) making it perfect for a savvy investor, or owner occupant who can benefit from rental income. The well-loved Single Family home features an open kitchen/dining layout and a large family room with a fireplace. It was remodeled in 2021 with a stunning new kitchen, new bathroom, new electrical, flooring and light fixtures. One of the duplex units was also completely remodeled in 2021, making it ready to rent out for top dollar, or host extended family or friends. Additional upgrades over the years include exterior windows, fencing, paint & stucco, sewer line, plumbing and instant hot water heater. The expansive 8800sf lot offers privacy between the front and back units, and potentially room to add an additional unit. It also has alley access at the rear and an RV pad. This hidden gem is located on a quiet cul-de-sac in a fantastic neighborhood situated between Charles Wilson Park and Torrance Park, and right behind Torrance Elementary. Its walking distance to Downtown Torrance, in close proximity to the Del Amo mall, many restaurants, and the 405 and 110 freeways.
Location
State CA
County Los Angeles
Area Torrance (90501)
Zoning Public Rec
Exterior
Exterior Feature Stucco
Building
Lot Description Cul-De-Sac, Sidewalks
Story 1
Others
Monthly Total Fees $146
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Bought with Jian Juan Yu • Thousands Realty & Management