18231 Regina Avenue, Torrance, CA 90504

$920,000
5
BD
3
BA
2,087
SqFt
Sold Price
$920,000
List Price
$960,000
Closing Date
Jan 11, 2019
Status
CLOSED
MLS#
SB18275216
Year Built
1949
Bedrooms
5
Bathrooms
3
Living Sq. Ft
2,087
Lot Size
6,754
Lot Location
Back Yard, Front Yard, Lawn
Days on Market
51
Property Type
Single Family Residential
Property Sub Type
Duplex
Stories
One Level

Property Description

This property consists of two (2) homes on a lot that have a total living area of 2,087 SF. Situated on a 6,754 SF lot, these fully occupied buildings are currently generating $4,855 per month (including $265.00 a month from the additional two-car garage). The front house (2-bed/1-bath) has half copper and half galvanized plumbing and features all new windows. The back house consists of 3-bed/2-baths and was recently remodeled with new laminate and tile flooring, new appliances, and all copper plumbing. The main water line for the entire property is also copper and the roof was recently replaced 5 years ago. Given the property's upside in market rent potential (nearly 20%) and central location near restaurants and retailers, this is a great opportunity for any investor looking to add a great piece of real estate to their portfolio!

Additional Information

Tract Number
15933
Lot Description
Curbs, Gutters, Sidewalks, Storm Drains, Street Lighting
Pool Description
None
Fireplace Description
None
Heat
Central Furnace
Cooling Description
None
View
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
School District
Torrance Unified
Attached Structure
Detached
Total Number of Units
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of J.Woody Stahl from Lyon Stahl Investment Real Estate, Inc.

Listing courtesy of J.Woody Stahl from Lyon Stahl Investment Real Estate, Inc.

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.