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Ray Bennett

Raymond A. Bennett
Broker/CEO
TREC Lending Inc

310-339-1056
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Listing 11 out of 256
$1,750,000 Pending

2979 W 235th Street
Torrance, CA 90505

4 units | Multi Family Home
6368 sq ft lot - MLS# SB19115502
Property Photo

Description

Rare opportunity to own a 4 unit South Torrance 4-plex. Upper level consists of a 3 bedroom 2 bath + a 2 bedroom 1 bath. Ground level has the same configuration. The ground level 3 bedroom unit (#3) has it's own private laundry. All other units use the laundry room at rear of property. 4 car garage off alley. Great location, very close to shopping, Del Amo Mall, Target, Ralph's, etc. Existing rents are low. Some deferred maintenance.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending
  • Zip Code: 90505
  • Year Built: 1964
  • Stories: Two
  • Units: 4 units
  • # of Parking Spaces: 4.00
  • Lot Size: 6368 sq ft lot
  • Zoning: TORR-MD
  • Area: 127 - South East Torrance - West
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 5275.00
  • Building Area Units: Square Feet
  • Community Features: Sidewalks, Storm Drains, Street Lights
  • Country: US
  • Directions: 235th turns into Maple at Sepulveda. So take Sepulveda to maple, south until it turns into 235th.
  • Electric Expense: 1200.00
  • Garage Spaces: 4.00
  • Gardener Expense: 780.00
  • Gross Scheduled Income: 75480.00
  • Insurance Expense: 1400.00
  • Laundry Features: Community, Individual Room, See Remarks
  • Laundry YN: Yes
  • Listing Agent License: 00785023
  • Listing Office License: 01311124
  • Lot Features: Front Yard
  • Lot Size Area: 6367.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 67900.00
  • Number Of Buildings: 1
  • Number Of Units Leased: 4
  • Operating Expense: 7580.00
  • Other Expense Description: see rema
  • Parking Features: Garage, Garage Faces Rear, Garage - Two Door, Garage Door Opener
  • Parking YN: Yes
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Actual Rent: 6290.00
  • Total Expenses: 7580.00
  • Trash Expense: 2500.00
  • Water Sewer Expense: 1200.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Beach City Brokers, Ross Cohan

Raymond A. Bennett 
Broker / CEO
DRE #00560298
TREC Lending Inc.
21171 Western Ave # 2824
Torrance Ca. 90501
Phone: 310-339-1056
Fax 310-579-8723
www.RayBre.com
Email: rayb@raybre.com

Testimonials

Excellent service

 

On behalf of my family, I would like to express my immense appreciation for Mr. Raymond Bennett for his professionalism. With his extensive experience in Real Estate, he not only secured the home of our dreams, but also made it possible for us to lease our first home! He is beyond awesome! 😎 

 

Blessings!

Dale & Kymberly C. ‘2019
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