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
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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
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1639 W 228th Street
Torrance, CA
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