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.
Property Details
Price:
$2,200,000
MLS #:
22211797
Status:
Pending
Baths:
0
Address:
1639 W 228th Street
Type:
Residential Income
Neighborhood:
122harborgateway
City:
Torrance
Listed Date:
Oct 24, 2022
State:
CA
ZIP:
90501
Lot Size:
14,403 sqft / 0.33 acres (approx)
Year Built:
1961
See this Listing
Mortgage Calculator
Schools
Interior
Heating
None
Exterior
Parking Features
None
Parking Spots
0.00
Stories Total
1
Financial
Map
Community
- Address1639 W 228th Street Torrance CA
- Area122 – Harbor Gateway
- CityTorrance
- CountyLos Angeles
- Zip Code90501
Similar Listings Nearby
- 16582 Ainsworth
Gardena, CA$2,799,000
4.40 miles away
- 1819 Armour Lane
Redondo Beach, CA$2,575,000
4.93 miles away
- 20520 S Western Avenue
Torrance, CA$2,480,000
1.70 miles away
- 2214 Grant Avenue
Redondo Beach, CA$2,465,000
4.98 miles away
- 3908 Newton Street
Torrance, CA$2,450,000
2.96 miles away
- 2222 Harriman Lane
Redondo Beach, CA$2,450,000
4.87 miles away
- 2220 Huntington Lane
Redondo Beach, CA$2,395,000
4.92 miles away
- 2513 Carnegie Lane
Redondo Beach, CA$2,350,000
4.86 miles away
- 1235 Amethyst Street
Redondo Beach, CA$2,250,000
4.89 miles away
Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1639 W 228th Street
Torrance, CA
LIGHTBOX-IMAGES