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$1,295,000

Est. payment - /mo

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2,880 SqFt

Active

20717 Berendo AVE Torrance, CA 90502

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/18/2024 05:59 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $449

MLS Listing ID SB24207182

HOA Y/N No

Year Built 1948

Lot Size 5,697 Sqft

Acres 0.1308

Lot Dimensions Public Records

Property Description

Prime mixed-use property for sale in Torrance! A rare find for investors. This is a versatile investment opportunity to own a commercial unit and two residential apartments in Torrance (two bedrooms each). Located at the corner of Torrance Boulevard and Berendo Avenue. It is adjacent to a residential neighborhood, strategically located close to the 110 freeway. All units are fully occupied with great tenants and great relationship with landlord. This property is self-managed by owners with ease for over 10 years with almost no vacancy. No shortage of renters for the area.
Torrance boulevard provides a nice traffic count for the minimarket. Business is not for sale, only the property.

Location

State CA

County Los Angeles

Area 123 - County Strip

Zoning LCR28

Rooms

Ensuite Laundry Inside

Interior

Laundry Location Inside

Cooling None

Fireplace No

Laundry Inside

Exterior

Fence Wood, Wrought Iron

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Present Use Commercial

Building

Lot Description Corner Lot

Story 1

Water Public

Others

Tax ID 7350005028

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Listed by Ana Maria Nava • West Shores Realty, Inc. • 310-809-1334

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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