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$1,750,000
99 Days On Site

2016 Plaza Del Amo
Torrance, CA 90501

For Sale|Quadruplex|Pending
0
Beds
0
Full Baths
0
Partial Baths
2,854
SqFt
$613
/SqFt
1959
Built
County:
Los Angeles
Listed by Mark Ehlers of Imperial Real Estate [email protected]

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2016 Plaza Del Amo2016 Plaza Del Amo2016 Plaza Del Amo2016 Plaza Del Amo
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Rare opportunity to acquire a corner-lot fourplex in Old Torrance that is insulated from traffic yet central to everything South Bay. Spanning 2,854 sf across a 6,496 sf lot and comprised of two single level and spacious 2-bed 1-bath units, together with two additional 1-bed 1-bath units situated atop four single car garages and balanced perfectly around a central yard, this building makes sense for owner occupants and investors alike. Both of the 2-bed units feel like single family living and will be delivered vacant, presenting an ideal setup for an owner-user looking to occupy one or more units while subsidizing the mortgage with additional rents. This property is ideally situated nearby schools (Torrance Elementary and Torrance High School), parks, and shopping, as well as easily accessible from Southern California employment hubs, such that rental demand will remain stable for the foreseeable future. There is no local rent control here (on information and belief only CA AB1482 applies, but buyer to verify) and gas and electric are separately metered. There are also several avenues to add value, such as repositioning the leases on the 1-bedroom units, converting owner’s storage space (laundry hookups present!) to community laundry facility for additional stream of income, and potentially converting the garages to ADUs to maximize return. Just 1.5 miles to the Torrance Crossroads, 2.5 miles to Del Amo Shopping Center, just 4 miles to Torrance Beach, and 5 miles to King Harbor, the property also provides easy access to and from the whole of Southern Bay via nearby Western, Sepulveda, and Torrance Blvd corridors, as well as the rest of Southern California via nearby 110 freeway.

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Listing Snapshot
Price 
$1,750,000
Days On Site 
99 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,854 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1491 Acres
Year Built 
1959
MLS® Number 
SB24192830
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoStatus changed to Pending
2 weeks agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.1491
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking Spaces 
4
Property Sub Type 
Quadruplex
Sewer 
Unknown
Special Circumstances 
Standard
SqFt Total 
2854
Stories 
Two
Water Source 
Public
Zoning 
TORR-MD
Interior Features
Laundry Features 
Gas Dryer Hookup
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Exterior Features
Lot Features 
Corner Lot
Pool Features 
None
Community Features
Building Access 
1
Community Features 
Curbs
Financing Terms Available 
Submit
MLS Area 
134 - Old Torrance


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. The 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.

Neighborhood & Commute
Source: Walkscore
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