Address
3902 W 178th Street Torrance, CA
Price
$ 1,650,000
Property Attributes
  • MLS#SB20018437
  • TypeIncome
  • CountyLOS ANGELES
  • CityTorrance
  • Zip90504
  • Style
  • Price$ 1,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4391
  • Lot Size6,804 SqFt
Listing Provided Courtesy Of:
Josh Cohen with Keller Williams Beach Cities.
Property Description

Back on the market, price reduced $100,000!! 3902 West 178th Street is an outstanding investment opportunity located in Torrance. The property is comprised of four large units, each with three bedrooms! Two of the units are spacious townhome style units! There is ample parking for tenants, including one garage parking space per unit as well as an additional six spots (10 total). Additionally, for the tenant’s convenience there is an on-site laundry room. The units also have forced air heat for the few months of the year a heater is needed.To benefit operations, the units are individually metered for both gas and electricity. The front unit has just been fully remodeled (see photos herein). The unit now features an all-new kitchen area, with modern counter tops, cabinetry appliances, stainless steel appliances and tasteful tilework throughout! The bedrooms have also been redone with new paint and attractive new flooring, and the bathrooms have been finished with new vanities, glass showers and tilework. Additional improvements include recessed lighting, new closet doors and window treatments. Children living at the property can attend award winning Torrance schools, nationally recognized hospitals, bountiful employment opportunities, terrific shopping and dinning and one of the most beautiful beaches in Southern California. This asset has over 50% of potential rental upside! It will be a terrific investment for both experienced and new investors alike.

Price History
1/29/2020 Listed $1,745,000
8/4/2020 6% - $1,650,000

General Features

Attached Structure Attached
Community Features Curbs, Sidewalks, Street Lights
Directions Near Prairie Ave and the 405
Garage Spaces 4.00
Listagentaor South Bay
Listing Agent Josh Cohen - BRE#01346713
Listing Agent State License 01346713
MLS Area 699 - Not Defined
Pool Features None
Price Per Square Foot 375.77
Property Attached Y/N Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 4
Zoning TORR-MD

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 2+ Common Walls
Laundry Features Common Area
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 4391.00
Lot Features Front Yard, Lawn, Level with Street, Rectangular Lot, Level, Near Public Transit
Lot Size Acres 0.1562
Lot Size Area 6806.0000
Lot Size Source Assessor
Lot Size Square Feet 6806.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 5
Number of Separate Gas Meters 5
Number of Separate Water Meters 1
Total Parking 4.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90504

Price
AVG $4.37M
$1.65M
Visits
AVG 22
10
Year Built
AVG 1962
1964

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