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listing
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Residential IncomeFor Sale
$1,030,000
2403 W Carson Street
Torrance, CA 90501
Listed by Steven Bogoyevac DRE#01332755 [email protected] Steven M. Bogoyevac, Broker
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$5,417/mo

2403 West Carson Street is a well-maintained triplex in Torrance, California. This sought-after rental market boasts a strong tenant base; the average household income within one mile is over $140,000, and the property is in a great rental location across from Torrance High School, a short walk to Wilson Park and the Torrance Farmer’s Market, and proximate to Old Town Torrance. 2403 West Carson Street is a 1967 construction on a corner lot and offers two one-bed/one-bath units and one two-bed/one-bath unit. The building also features three single-car garages with tandem driveway parking, on-site laundry (machines are owned), and a fenced shared yard for tenants’ enjoyment. Unit B, a one-bedroom unit, has been remodeled and boasts hardwood flooring, an upgraded kitchen with granite countertops and custom cabinetry, and a recent $30K bathroom renovation that included the installation of a new tankless water heater. Current rents offer a new investor 33 percent rental upside and there may be potential for one ADU conversion (buyer to verify), making this a great value-add opportunity in the desirable South Bay rental market.

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Information courtesy of Steven M. Bogoyevac, Broker is subject to verification and is not guaranteed.
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