Active

16915 Yukon Avenue

Torrance CA, 90504

$3,495,000


$483.80 per sqft

Active

7,224 sqft

Multi-family

Built in 1958

Listed by Brett Lyon with Lyon Stahl Investment Real Estate, Inc. 310-425-9838

Attractive assumable financing, subject to lender approval, available w/ Chase Bank at a 3.97% interest rate, interest only until March 2027 & fixed rate until March 2029! 16195 Yukon Ave is a turnkey 8-Unit situated in a prime pocket of NW Torrance w/ over 10% rental upside. The property boasts (8) 2-bed/1-bath units, 7 carport spots, and 1 garage space. (4) of the units are equipped with spacious private patios and (1) unit in the back features an upstairs balcony. The 7,224 SF building sits on a 10,001 SF lot priced at $483/SF and $436,875 per unit. Offered at a cap rate of 4.13%, the building is currently generating over $19,000+ per month. The building is newly renovated and recent capital improvements include: New Roof, Windows, Front Doors & Wood Siding, Improved Landscaping, New Exterior Paint & Copper Plumbing, New Cabinets, Grey Quartz Countertops, Smooth Interior Ceilings, Wood Laminate Flooring, Stainless Steel Appliances, Recessed Lighting, New Bathroom Tile & Interior doors. The property is strategically located in a great pocket of Northwest Torrance – in close proximity to Alondra Park Golf Course, El Camino College, and the South Bay Galleria. With its sizable living space, desirable location, and impressive income, this property is a great opportunity for any investor looking for a cash-flowing prize asset.

SB23188128

MLS ID

October 9, 2023

Listed

November 30, 2023

Updated

Map

16915 Yukon Avenue
Torrance CA, 90504

Interior Features

Total Stories

2


Appliances

Dishwasher, Gas Oven, Microwave


Laundry Description

Washer Hookup, Gas Dryer Hookup


Fireplace

Yes


Fireplace Description

None


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.23 acres


Lot Features

6-10 Units/Acre


Sewer

Public Sewer

Other Property Details

Days on Market

41


Association Amenities

Biking, Sidewalks


Garage

Yes


Garage Spaces

1


Parking

Carport, Garage


Parking Total

8


View

Yes


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

11/29/2023

Price Change

$3,495,000

-3%

11/7/2023

Active

10/27/2023

Pending

10/24/2023

Price Change

$3,575,000

-11%

Listing Contact: 310-425-9838 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/30/2023. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/30/2023 at 7:52 PM UTC

 

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