Seller Financing Available | 20414 Kenwood Ave
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Seller Financing Available 20414 Kenwood Ave
5 Unit Block of Flats £1,590,584 (£318,117/Unit) Torrance, CA 90502
INVESTMENT HIGHLIGHTS
- Versatile Unit Mix: Ideal for owner-occupants or investors looking to maximize potential.
- Adjacent Lot Potential: Includes a 7,000+ SQFT adjoining lot for future development (buyer to verify).
- Prime Location: Conveniently located near the 110 freeway and other major thoroughfares, providing easy access to transportation and amenities.
- Value-Add Development Opportunity: Potential to enhance property value and increase cash flow.
- Strong Occupancy: Low vacancy rates ensure consistent rental income.
EXECUTIVE SUMMARY
This 5-unit property presents a fantastic opportunity for owner-users or developers alike. With its desirable unit mix and over 7,000 sqft of flat land on the adjoining lot, it’s perfect for those looking to maximize rental income or explore development possibilities. The bungalow-style units offer a charming layout, contributing to consistent occupancy—vacancy has been virtually non-existent for decades. Whether you’re seeking a solid investment or a place to call home while generating income, this property has it all!
PROPERTY FACTS
| Price | £1,590,584 | Building Class | C |
| Price Per Unit | £318,117 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 2,082 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | Number of Floors | 1 |
| Property Subtype | Apartment | Year Built | 1925 |
| Apartment Style | Low Rise | Parking Ratio | 2.12/1,000 SF |
| Price | £1,590,584 |
| Price Per Unit | £318,117 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 2,082 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built | 1925 |
| Parking Ratio | 2.12/1,000 SF |
UNIT AMENITIES
- Tile Floors
- Kitchen
- Granite Countertops
- Walk-In Closets
SITE AMENITIES
- Courtyard
- Fenced Lot
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 1 | - | 500 |
| 3+1 | 1 | - | - |
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PROPERTY TAXES
| Parcel Number | 7350-013-035 | Improvements Assessment | £173,358 |
| Land Assessment | £318,604 | Total Assessment | £491,962 |
PROPERTY TAXES
Parcel Number
7350-013-035
Land Assessment
£318,604
Improvements Assessment
£173,358
Total Assessment
£491,962
ZONING
| Zoning Code | R2-1C (M1, R2 residential , Commercial, Convenient store possibility) |
| R2-1C (M1, R2 residential , Commercial, Convenient store possibility) |
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tabrizyanllc
Seller Financing Available | 20414 Kenwood Ave
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