1639 W 228th Street
Torrance, CA 90501
3191 sqft | 14 beds | 0.33 acres | #22211797
Description
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
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$2,350,000
- MLS #22211797
- MLS #22211797
- Cost2200000
- Acres0.3306
- Square Feet3191
- Year Built1961
- Bedrooms14
- Stories1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jon Emrani (#CLW-C115136)
Listing Office: Marcus & Millichap (#CLW-X7515101)
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