24065 Ocean Avenue
Torrance, CA, 90505
$17,999,999
Beds
0 Baths
SqFt
1.27 Acres
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**Rare Opportunity: Prime Multi-Family Investment Property in Torrance!**

For the first time in nearly 40 years, "Ocean House," a meticulously maintained 54-unit property, is available in Torrance’s most desirable neighborhood. This property offers exceptional amenities, including a solar-heated swimming pool surrounded by lush landscaping, serene interior gardens, and updated on-site laundry facilities, delivering both comfort and convenience for residents.

The thoughtfully designed unit mix features one-bedroom units and two-bedroom units, catering to a wide range of renters and budgets.

Located in South Torrance, Ocean House offers proximity to pristine beaches, shopping, dining, parks, top-rated schools, and major transportation routes, combining the convenience of urban living with the tranquility of a suburban setting. The property has been meticulously maintained, with a new roof installed in May 2023, reflecting its excellent upkeep and attention to detail.

**Disclaimer:** The information provided is subject to change.

Property Details

Price:
$17,999,999
MLS #:
SB24247906
Status:
Active
Baths:
0
Address:
24065 Ocean Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
125walteria
City:
Torrance
Listed Date:
Dec 11, 2024
State:
CA
ZIP:
90505
Lot Size:
55,418 sqft / 1.27 acres (approx)
Year Built:
1962
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Schools

Interior

Exterior

Community Features
Park
Garage Spaces
2.00
Lot Features
Corner Lot, Landscaped, Lot Over 40000 Sqft, Level, Park Nearby
Parking Features
Assigned, Controlled Entrance
Parking Spots
54.00
Pool Features
Community, Fenced, In Ground
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
Cable T V, Electricity, Gas

Map

Community

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24065 Ocean Avenue
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