1645 BEECH Avenue, Torrance, CA 90501 | 22170025 | Vista Sotheby’s International Realty

1645 BEECH Avenue $2,750,000


    1645 BEECH Avenue Torrance, CA 90501

    Active Under Contract
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    • 0 Beds
    • 0 Baths
    • 5,840 sq. ft.
    • Multi-Family
    • MLS# 22170025
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    Views: 46 Days On Market: 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

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 2.000 %
      • County Or Parish Los Angeles
      • Number Of Buildings 2
      • Number Of Separate Electric Meters 6
      • Number Of Separate Gas Meters 6
      • Number Of Units Total 6
      • YearBuilt 1963
    • Building Features
      • Laundry Features Community
    • Property Features
      • Lot Size Acres 0.16
      • Parking Total 6.00



    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 Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,750,000
        7/20/2022 10:16:25 AM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        6/20/2022 12:48:00 PM New in Database Source: Multiple Listing Service New Value: $2,750,000

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        Based on information from California Regional Multiple Listing Service, Inc. as of 8/19/2022 12:35:26 AM. 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.