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Listed by John Stiegler II • Lyon Stahl Investment Real Estate, Inc.
$1,985,000
Est. payment /mo
6,529 Sqft Lot
Active
2859 W 235th ST Torrance, CA 90505
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26003154
Year Built 1964
Lot Size 6,529 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
We are pleased to present 2859 W 235th St, an exceptional 4-unit investment property situated on a desirable corner lot in prime Torrance, offering a strong unit mix of (1) 3BD/2BA, (1) 2BD/1BA, and (2) 2BD/2BA townhome-style units across 4,756 SqFt of living area on a 6,529 SqFt lot. One of the 2BD/2BA units has been fully renovated, and all units feature private outdoor patio spaces, enhancing tenant appeal and livability. The property includes 4 enclosed garage parking spaces with EV charging outlets and is a 100% electric building with no gas, with each unit separately metered, providing operational efficiency and reduced landlord utility exposure. With approximately 50% upside in current rents and close proximity to top-rated schools, parks, retail, and major South Bay employment centers, this offering presents an outstanding value-add investment opportunity in one of Torrance's most stable and in-demand rental submarkets.
Location
State CA
County Los Angeles
Area 129 - South Torrance
Interior
Laundry Laundry Area
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 7369010025
Special Listing Condition Not Applicable
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