3937 W 178th St | Torrance, CA 90504
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- LoopNet Team
3937 W 178th St
Torrance, CA 90504
Build-to-Rent Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Outstanding Northwest Torrance Location – West of 405 Freeway | Great Unit Mix of All 3-Bedroom Units | No Local Rent Control – Defaults to AB 1482
- Full Copper Plumbing, Upgraded Units, 4 Garages & Laundry Facility w/ New Washer/Dryer Machines | Building Treated for Termites & Painted (2017)
- Located 3 Blocks of South Bay Galleria & 3.5 Miles from the Beach & Hermosa Beach Pier
- Significant Value-Add Potential - Approximately 74% in Rental Upside | 6.51% Pro-Forma Cap Rate & 11.69 Pro-Forma GRM
- Individual Tankless Hot Water Heaters for Each Unit (2017) | 4,391-Square Feet of Living Space on a 6,001-Square Foot Lot
- Qualifies for Residential Financing | Perfect Owner User Opportunity
PROPERTY FACTS
| No. Units | 4 | Property Size | 4,391 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Garden | Year Built | 1964 |
| Costar Property Class | C | Parking Allocation | 0.91/1,000 sq ft |
| Total Plot Size | 0.14 ac | ||
| Use Class | TORR-MD | ||
| No. Units | 4 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Costar Property Class | C |
| Total Plot Size | 0.14 ac |
| Property Size | 4,391 sq ft |
| Average Occupancy | 100% |
| No. Floors | 2 |
| Year Built | 1964 |
| Parking Allocation | 0.91/1,000 sq ft |
| Use Class | TORR-MD |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 3+2 | 3 | £1,975 | - |
| 3+1 | 1 | £2,000 | - |
PROPERTY TAXES
| Parcel Number | 4088-006-008 | Improvements Assessment | £751,004 |
| Land Assessment | £577,695 | Total Assessment | £1,328,699 |
PROPERTY TAXES
Parcel Number
4088-006-008
Land Assessment
£577,695
Improvements Assessment
£751,004
Total Assessment
£1,328,699
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