Sold

Closed

2264 Torrance Boulevard

Torrance CA, 90501

$1,072,000


$550.31 per sqft

Sold

Closed

1,948 sqft

Commercial

Built in 1930

Listed by John Fields with Bonanza Realty 310-617-5850

Subject to Cancellation of Existing Escrow. Mixed use property on a knoll above high traffic Torrance Bl. in nice area of Old Torrance. Property still shows as a triplex in the tax rolls. City of Torrance permits from early 1980's show front duplex turned into four office spaces with bathroom and kitchenette. Three of the four offices rented at below market rents and the owner is using suite #2. Above the three car garage in the rear is a two bedroom apartment. Separate patio and yard area for this unit. There are also three side by side parking spaces for the front offices on the side alley. Property has been well kept. Rents are low. Could turn the front four offices back into two 1 bedroom, 1 bath units each with a garage and one extra parking space would easily rent for at least $2,200 per month each. Front structure is also 1,248 sqare feet so it could also be turned into one house. No State or City Rent Control on office property. Large front yard. Great potential and great upside.

SB24059696

MLS ID

March 26, 2024

Listed

November 22, 2024

Updated

Map

2264 Torrance Boulevard
Torrance CA, 90501

Interior Features

Total Stories

2


Laundry Description

Laundry Room


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.11 Acres


Lot Features

Back Yard, Sloped Down, Front Yard, Lawn, Near Park, Near Public Transit, Rectangular Lot, Trees, Zero Lot Line

Other Property Details

Area Name

134 - Old Torrance


Days on Market

130


Garage

No


Parking Total

6


View

No


County

Los Angeles


Water Source

Public


Pool

No

Listing History

Date

Event

Price

10/29/2024

Sold

$1,072,000

9/13/2024

Pending

8/27/2024

Price change

$1,100,000

-5%

8/6/2024

Active

7/25/2024

Pending

Listing Contact: 310-327-0555 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/22/2024 at 7:26 PM UTC

 

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