1645 BEECH AVE, TORRANCE, CA 90501 | 22-170025 | Vista Sotheby’s International Realty

1645 BEECH AVE $2,750,000


    1645 BEECH AVE TORRANCE, CA 90501

    Active Under Contract
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    • 10 Beds
    • 7 Baths
    • 5,840 sq. ft.
    • Multi-Family
    • MLS# 22-170025
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    Views: 16 Days On Site: 60

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    Property Details

    Highly Desirable Old Town Torrance Location No Local Rent Control Defaults to AB 1482 Great Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Three) 2-Bedroom/1-Bathroom Units & (Two) 1-Bedroom/1-Bathroom Units All-Electric BuildingLess Than 4 Miles from the Beach & Redondo Beach Pier 3.83% Current Cap Rate & 17.23 Current GRM Approximately 19% in Rental Upside - 4.88% Pro-Forma Cap Rate & 14.52 Pro-Forma GRM Front House with Newer Vinyl Plank Floors (2021) and Remodeled Kitchen & Bathrooms (2016) Unit #6 Contains Newer Carpet (2020), Vinyl Plank Floors in Kitchen (2021) & Water Heater (2020) On-Site Laundry Facility with Newer Washer & Dryer (2021) and Water Heater (2020) Newer Upper Exterior Deck (2020), Six Garage Parking Spaces & Most Units Re-Piped with Copper Plumbing Close Proximity to Del Amo Fashion Center, Village Del Amo & South Bay Galleria



    90501 (TORRANCE) Demographics

    37 Median Age
    7,469 Population Density (per sq. mile)
    44% College Educated
    $75,388 Estimated Median Income
    6,279 Estimated Total Home Owners
    7,861 Estimated Total Renters
    44% / 56% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    42,298 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $865,000 Median Sales Price
    19 Homes Sold
    27 New On Market

    Average Days on Site

      Properties for Sale

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        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,750,000
        7/20/2022 9:54:59 AM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        6/20/2022 1:09:00 PM New in Database Source: Multiple Listing Service New Value: $2,750,000

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        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.