Sold
21007 Ladeene AVE
TORRANCE CA, 90503
$1,950,000
$456.57 per sqft
Sold
8 Beds
6 Baths
4,271 sqft
Multi-family
Built in 1963
This prime fourplex investment opportunity in the heart of Torrance offers an exceptional chance for both seasoned and first-time investors. Located in the desirable West Torrance neighborhood, this well-maintained property is surrounded by top-rated schools, parks, shopping centers, and dining options, making it an attractive option for tenants. The fourplex comprises four spacious units with a total of 4,271 square feet of living space. The units include a 3 bed, 2 bath; a 2 bed, 2 bath; a 2 bed, 1 bath; and a 1 bed, 1 bath, providing comfortable living spaces ideal for families, professionals, and individuals alike. The property sits on a generous 6,500 square foot lot, featuring a well-kept front yard and a private backyard area perfect for relaxation and outdoor activities. Each unit comes with assigned parking in attached garages. The 3-bedroom unit gets 2 spaces, while the other units each get 1 space, ensuring convenience and security for all residents. Two of the units have been fully remodeled, and the roof on the back building was just replaced last week, showcasing the meticulous care provided by the current owner. On-site laundry facilities add to the convenience and appeal of the property. Situated in a quiet, family-friendly neighborhood with easy access to major highways, public transportation, and the beautiful South Bay beaches, this property is ideally located. It is also zoned for the highly regarded Torrance Unified School District, known for its excellent educational opportunities. With stable rental income and high demand for rental properties in the area, this fourplex presents a solid income-generating investment. Whether you re looking to expand your investment portfolio or secure a property with great rental potential, this fourplex is a fantastic choice. Experience the best of Torrance living with this versatile and profitable property. Schedule your private tour today and envision the possibilities this investment has to offer.
SB24147515MR
MLSⓇ ID
July 10, 2024
Listed
August 26, 2024
Updated
Map
21007 Ladeene AVE
TORRANCE CA, 90503
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
6
Laundry Description
Community, Outside, Room
Fireplace
No
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.14 Acres
Sewer
Public Sewer
Other Property Details
Area Name
West Torrance
Days on Market
8
Garage
Yes
Garage Spaces
5
Parking
Assigned, Garage
Parking Total
5
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
TORR-MD
Listing History
Date | Event | Price |
---|---|---|
8/26/2024 | Sold | $1,950,000 |
8/15/2024 | Pending | — |
8/3/2024 | Under contract | — |
Listed by Edward Kaminsky with eXp Realty of California, Inc
Listing Contact: 310-427-2414
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor True Story Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 8/26/2024