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22617 Meyler Street Torrance, CA 90502
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Key Details
Sold Price $1,880,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23185183
Bedrooms 5
Lot Size 0.774 Acres
Property Description
Five houses and a duplex on an gigantic lot in a nice area of the Unicorporated County Post Office. Three 2 car garages. The duplex is built over 4 one car garages. Additional parking for up to 20 other cars. Convert garages or build four to six Assessory Dwelling Units (ADU's). Rents are extremely low and property has deffered maintainence. Current rents have a 100% upside. County area is subect to State of California Rent Control SB1492. Both properties have long driveways. Common sewer line down center of property. Four separate parcels being sold as one property. Fantastic opportunity to add additional units or redevelop. Buyer is advised to check with BOTH the County of Los Angeles and the State of California regarding redevelopment.
Five houses and a duplex on an gigantic lot in a nice area of the Unicorporated County Post Office. Three 2 car garages. The duplex is built over 4 one car garages. Additional parking for up to 20 other cars. Convert garages or build four to six Assessory Dwelling Units (ADU's). Rents are extremely low and property has deffered maintainence. Current rents have a 100% upside. County area is subect to State of California Rent Control SB1492. Both properties have long driveways. Common sewer line down center of property. Four separate parcels being sold as one property. Fantastic opportunity to add additional units or redevelop. Buyer is advised to check with BOTH the County of Los Angeles and the State of California regarding redevelopment.
Location
State CA
County Los Angeles
Area Torrance (90502)
Zoning Estimated
Building
Lot Description Curbs, Sidewalks
Story 2
Sewer Sewer Connected
Others
Monthly Total Fees $63
Acceptable Financing Cash, Conventional
Space Rent $1,625
Listing Terms Cash, Conventional
Read Less
Bought with John Fields • Bonanza Realty