20329 DENKER Avenue, Torrance, CA 90501

Sold Price
List Price
Closing Date
Jun 16, 2017
Year Built
Lot Size
Days on Market
Property Type

Property Description

-Dense Torrance P.O. Rental Market with Strong Multifamily Operating Fundamentals -Outstanding Long Term Value Purchase at $212 Per Square Foot & $150,000 Per Unit -Pro Forma Cap Rate of 7.38% & Pro Forma GRM of 9.36 -Large 15,000 Square Foot Lot -Diverse Unit Mix of Studios, 1-Bedrooms, 2-Bedrooms, and 3-Bedrooms -Over a 9.40% Pro Forma Cash-On-Cash Return -Over 40% in Legitimate Rental Upside *Property is subject to Los Angeles city rent control.* **Please do not disturb tenants.**

Additional Information

Cooling Description
See Remarks
Garage Spaces Total

Mortgage Calculator

Amount of Loan
Annual Interest Rate
Term of Loan

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jonathan Nikfarjam from CBC Advisors

Listing courtesy of Jonathan Nikfarjam from CBC Advisors

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.