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2403 W Carson ST Torrance, CA 90501
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Key Details
Sold Price $1,030,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24195645
Sold Date 10/21/24
HOA Y/N No
Year Built 1967
Lot Size 4,430 Sqft
Property Description
2403 West Carson Street is a well-maintained triplex in Torrance, California. This sought-after rental market boasts a strong tenant base; the average household income within one mile is over $140,000, and the property is in a great rental location across from Torrance High School, a short walk to Wilson Park and the Torrance Farmer's Market, and proximate to Old Town Torrance.
2403 West Carson Street is a 1967 construction on a corner lot and offers two one-bed/one-bath units and one two-bed/one-bath unit. The building also features three single-car garages with tandem driveway parking, on-site laundry (machines are owned), and a fenced shared yard for tenants' enjoyment.
Unit B, a one-bedroom unit, has been remodeled and boasts hardwood flooring, an upgraded kitchen with granite countertops and custom cabinetry, and a recent $30K bathroom renovation that included the installation of a new tankless water heater.
Current rents offer a new investor 33 percent rental upside and there may be potential for one ADU conversion (buyer to verify), making this a great value-add opportunity in the desirable South Bay rental market.
Location
State CA
County Los Angeles
Area 134 - Old Torrance
Zoning TORR-MD
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Suburban
Total Parking Spaces 6
Private Pool No
Building
Lot Description Corner Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7355014011
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with David O'Keefe • Marcus & Millichap