Pending

1639 W 228th Street

Torrance CA, 90501

$2,200,000


$689.44 per sqft

Pending

14 Beds

8 Baths

3,191 sqft

Residential

Built in 1961

Listed by Jon Emrani with Marcus & Millichap 213-943-1800

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.

22211797

MLS ID

October 24, 2022

Listed

May 25, 2024

Updated

Map

1639 W 228th Street
Torrance CA, 90501

Interior Features

Total Stories

1


Bedrooms

14


Total Bathrooms

8


Fireplace

No


Cooling

No


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.33 Acres

Other Property Details

Area Name

122 - Harbor Gateway


Days on Market

168


Garage

No


Parking

None


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

LACM


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/17/2023

Pending

Listing Contact: 213-943-1800 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/25/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/25/2024 at 2:13 AM UTC

 

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