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Jim, Justin and Vickie, Sales Associate
SOLD
$1,695,750
Date 05/08/2024

775 Portola Avenue
Torrance, CA 90501

Apartment
Residence
3,650
Sqft
0.1286
Lot Size
Listing Agent: Cameron Samimi CalDRE: 02035763 - Lyon Stahl Investment Real Estate, Inc., 310-259-7556
775 Portola Ave is an amazing opportunity to own sixunits offered at only $282k/unit. The subject propertyhas over 50% upside in rental income. Whether you arelong term or a value-add investor, the subjectproperty is the perfect assets to help achieve yourinvestment goals.775 Portola Ave features a unit mix of (6) 1-Bed/1-Bath- each unit features 2 parking space (1 garage and 1tandem), as well as washer/dyer hookups. Once fullyrented for market and ADU is constructed ($300k), the propertywill operate at a 8.61% CAP and 7.64 GRM.This investment is located near Old Torrance- one ofthe more desirable pockets in Torrance. There aremany shops and restaurants close by, as well as DelAmo Shopping Center. One of the highlights ofTorrance is its excellent education system. The city ishome to several top-rated public and private schools,providing residents with quality education options fortheir children.
SB24070404
Apartment, 2 Story
Los Angeles
1957
0.1286 Acres
Public
2
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Listing Agent: Cameron Samimi CalDRE: 02035763 - Lyon Stahl Investment Real Estate, Inc., 310-259-7556
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