3937 W 178TH ST, TORRANCE, CA 90504 | 22-169895 | Vista Sotheby’s International Realty

3937 W 178TH ST $1,725,000

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    3937 W 178TH ST TORRANCE, CA 90504

    Sold
    SOLD 8/1/2022

    $1,725,000

    • 12 Beds
    • 7 Baths
    • 4,391 sq. ft.
    • Multi-Family
    • MLS# 22-169895
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    Property Details

    Outstanding Northwest Torrance Location West of 405 Freeway Great Unit Mix of All 3-Bedroom Units Significant Value-Add Potential - Approximately 74% in Rental Upside 6.51% Pro-Forma Cap Rate & 11.69 Pro-Forma GRM No Local Rent Control Defaults to AB 1482 Full Copper Plumbing, Upgraded Units, 4 Garages & On-Site Laundry Facility with New Washer/Dryer Machines Individual Tankless Hot Water Heaters for Each Unit (2017) 4,391-Square Feet of Living Space on a 6,001-Square Foot Lot Located 3 Blocks of South Bay Galleria & 3.5 Miles from the Beach & Hermosa Beach Pier Building Treated for Termites & Painted (2017) Qualifies for Residential Financing Perfect Owner User Opportunity

    Neighborhood

    90504 (TORRANCE) Demographics

    42 Median Age
    7,319 Population Density (per sq. mile)
    53% College Educated
    $92,636 Estimated Median Income
    7,001 Estimated Total Home Owners
    4,412 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    32,703 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $875,000 Median Sales Price
    19 Homes Sold
    23 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        8/1/2022 12:00:00 AM Sold Source: Multiple Listing Service New Value: $1,725,000
        7/18/2022 7:54:42 AM Status Changed Source: Multiple Listing Service New Value: Active Under Contract


        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.