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