Seller may consider carrying a 1st with 25% Down Payment. (Owner User Possible) Fully occupied Residential Reentry Center with a Strong Operator boasting a 7% Cap Rate based on current income. The offering is situated on a large double lot totaling 14,403 Sq. Ft. of CM-1VL Zoning with great future development potential. The Current Land Designation: is Hospitals, Convalescent Homes allowing many uses. The building has a large courtyard and has been recently updated with a pro style kitchen, washer and dryer hookups and a commercial fire alarm system.
Pending
$2,200,000
1639 W 228th St, Torrance, CA 90501
14beds
8baths
3,191sqft
Est.:
Multi Family
Built in 1961
-- sqft lot
$-- Zestimate®
$689/sqft
$-- HOA
What's special
Convalescent homesPro style kitchenLarge courtyardDryer hookups
- 928 days
- on Zillow |
- 10 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: May 05, 2023 at 02:40am
Listed by:
Jon Emrani DRE # 01427038 310-422-8052,
Marcus & Millichap 310-909-5500
Source: CLAW,MLS#: 22-211797

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 8
Heating
- None
Cooling
- Air Conditioning
Interior area
- Total structure area: 3,191
- Total interior livable area: 3,191 sqft
Property
Parking
- Parking features: None
Features
- Stories: 1
Lot
- Size: 0.33 Acres
- Dimensions: 80 x 180
Details
- Additional structures: None
- Zoning: LACM
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1961
Community & HOA
Location
- Region: Torrance
Financial & listing details
- Price per square foot: $689/sqft
- Tax assessed value: $1,122,000
- Date on market: 10/24/2022
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