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$8,600,000

10 Days On Site

17302 Ermanita Avenue
Torrance, CA 90504

For Sale|Mixed Use|Active
0

Beds
0

Total Baths
11,695

SqFt
$735

/SqFt
1962

Built
County:
Los Angeles
Listed by Brett Lyon of Lyon Stahl Investment Real Estate, Inc. [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (805) 635-7994

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(805) 635-7994

17302 Ermanita Avenue17302 Ermanita Avenue17302 Ermanita Avenue17302 Ermanita Avenue
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17302 Ermanita Ave is a turnkey 17-Unit situated in a prime pocket of NW Torrance. The property consists of (1) 2-bed/2-bath unit, (5) 2-Bed/1-Bath, (7) 1-Bed/1-Bath, and (4) Studio Units – with a strong in-place income of over $47K/Mo.

The 11,695 SF building sits on a massive 29,992 SF lot and features a BBQ & fire pit area for tenants to enjoy – on top of the pristine quality of the units that are fully equipped with a washer, dryer and AC.

The whole building is newly renovated and recent capital improvements to the exterior include: New Roof, Windows, Front Doors & Wood Siding, Improved Landscaping, New Exterior Paint, Copper Plumbing, New Electrical & Drain Lines. The interior is dressed with top-of-the-line renovations including: New Cabinets, Carrara Style Quartz Countertops, Smooth Interior Ceilings, Wood Laminate Flooring, Stainless Steel Appliances, Recessed Lighting, New Bathroom Tile & Interior doors.

The property is strategically located on a quiet street in Northwest Torrance – in close proximity to Alondra Park Golf Course, El Camino College, and the South Bay Galleria. With its sizable living space, desirable location, and impressive income, this property is a great opportunity for any investor looking for a cash-flowing prize asset.

*Available with Assumable Financing @ 5.25% interest Rate. $3.9M of the Loan is Assumable – Subject to Buyer Qualification. Fixed Rate until Feb 2033

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Listing Snapshot
Price 
$8,600,000
Days On Site 
10 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,695 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.6885 Acres
Year Built 
1962
MLS® Number 
SB25152883
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week ago Listing first seen on site
a week ago Listing updated with changes from the MLS®
General Features
Acres 
0.6885
Number Of Stories 
1
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
11695
Water Source 
Public
Zoning 
TORR-MH
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Financing Terms Available 
Conventional
MLS Area 
132 – N Torrance – West

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. The 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.

Neighborhood & Commute
Source: Walkscore

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