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1636 W 219th St

7 Unit Block of Flats £1,594,400 (£227,771/Unit) 3.07% Net Initial Yield Torrance, CA 90501

Executive Summary

Owner will carry with 1/3 down at 6% interest only for 5 years. HUGE Upside potential for ADU
Call Broker for more info Steve Gamez 714-328-0832

Attachments

OM

Property Facts In Escrow

Price £1,594,400 Building Class C
Price Per Unit £227,771 Lot Size 0.25 AC
Sale Type Investment Building Size 5,019 SF
Net Initial Yield 3.07% Average Occupancy 100%
No. Units 7 Number of Floors 2
Property Type Residential Year Built 1962
Property Subtype Apartment Parking Ratio 2.79/1,000 SF
Apartment Style Low Rise Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £1,594,400
Price Per Unit £227,771
Sale Type Investment
Net Initial Yield 3.07%
No. Units 7
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.25 AC
Building Size 5,019 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1962
Parking Ratio 2.79/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Site Amenities

  • Laundry Facilities
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Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 7346-010-006 Improvements Assessment £318,565
Land Assessment £177,658 Total Assessment £496,224

PROPERTY TAXES

Parcel Number
7346-010-006
Land Assessment
£177,658
Improvements Assessment
£318,565
Total Assessment
£496,224

zoning

Zoning Code LARD1.5 (Restricted density multiple dwelling)
LARD1.5 (Restricted density multiple dwelling)
(714) 328-0832

Contact

  • Listing ID: 31928647

  • Date on Market: 25/05/2024

  • Last Updated:

  • Address: 1636 W 219th St, Torrance, CA 90501

The Residential Property at 1636 W 219th St, Torrance, CA 90501 is currently available for sale. Contact PRS Properties for more information.

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1636 W 219th St
(714) 328-0832 x

1636 W 219th St

Steve Gamez

(714) 328-0832

(714) 328-0832

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