3937 W 178TH Street, Torrance, CA 90504 | 22169895 | Vista Sotheby’s International Realty

3937 W 178TH Street $1,725,000

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    3937 W 178TH Street Torrance, CA 90504

    Closed
    SOLD 8/1/2022

    $1,725,000

    • 0 Beds
    • 0 Baths
    • 4,391 sq. ft.
    • Multi-Family
    • MLS# 22169895
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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

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 2.500 %
      • County Or Parish Los Angeles
      • Number Of Buildings 1
      • Number Of Separate Electric Meters 4
      • Number Of Separate Gas Meters 4
      • Number Of Units Total 4
      • YearBuilt 1964
    • Building Features
      • Laundry Features Community
    • Property Features
      • Lot Size Acres 0.13
      • Parking Total 4.00

    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 7:45:50 AM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        Based on information from California Regional Multiple Listing Service, Inc. as of 8/19/2022 1:48:57 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.