1632 W 218th Street $3,600,000

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    1632 W 218th Street Torrance, CA 90501

    Active Under Contract
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    • 0 Beds
    • 0 Baths
    • 11,746 sq. ft.
    • Multi-Family
    • MLS# SB20158086
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    Views: 398 Days On Market: 204

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    Property Details

    Excellent value-up & well maintained asset with the current CAP of 3.8%, and the higher profit potential if renovated. Updated detailed Setup Sheet & Rent Roll upon request by email.

    • General Features
      • Number Of Units Leased 17
      • Number Of Separate Water Meters 1
      • Number Of Separate Electric Meters 17
      • Number Of Separate Gas Meters 17
      • Number Of Units Total 17
      • Year Built 1982
      • County Or Parish Los Angeles
      • Number Of Buildings 1
      • Community Features Street Lights
      • Association Fee 0.00
    • Building Features
      • Laundry Features Common Area
    • Property Features
      • Lot Size Acres 0.41
      • Lot Features 16-20 Units/Acre
      • Pool Private Y/N 0
      • Pool Features None
      • Parking Total 0.00

    Contact

    Matt  Cox

    Matt Cox

    Global Real Estate Advisor

    DRE# 02076282

    Malaga

    Mobile Phone: 903-815-3088

    Neighborhood

    90501 (Torrance) Demographics

    36 Median Age
    7,718 Population Density (per sq. mile)
    41% College Educated
    $62,590 Estimated Median Income
    6,499 Estimated Total Home Owners
    7,892 Estimated Total Renters
    45% / 55% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    43,405 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $770,000 Median Sales Price
    15 Homes Sold
    21 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,600,000
        11/25/2020 5:54:19 PM Status Changed Source New Value: Active Under Contract
        8/6/2020 9:19:00 AM New in Database Source New Value: $3,600,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 2/25/2021 10:50:14 PM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.