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$3,900,000
36 Days Online

1913 Cabrillo Avenue
Torrance, CA 90501

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by John Katnik of BRC Advisors- BH ?

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (310) 347-1300
Is this the home for you? We can help make it yours.
(310) 347-1300
1913 Cabrillo Avenue1913 Cabrillo Avenue1913 Cabrillo Avenue1913 Cabrillo Avenue
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We are proud to present a unique opportunity to acquire a fully renovated 6-unit apartment building in the heart of Old Town Torrance. Nearly new construction, every part of the property has been rebuilt from the bare studs, including all-new main systems and units. The property has undergone extensive capital improvements with current ownership spending about $2M to restore the property to brand new condition. The quality of construction is top notch and ownership left no stone unturned during the process. Originally constructed in 1930 as one of Torrance's first hotels, the property brings historic charm and modern convenience. The buildings feature brand new roofs, PEX plumbing, ABS sewer lines, brand new electrical, vinyl windows, central air conditioning/heat in 1913 and mini-split systems in 1915, new exterior paint, individual tankless water heaters, new decks/railings, solar panels for two units, new garage doors and new landscaping. All unit interiors have been completely gutted and the finishes include quartz countertops, custom white shaker cabinets, stainless steel appliances, luxury vinyl plank flooring, LED lighting, washer/dryers, new vanities, and custom tile showers. The property is composed of two structures. There is a front building which includes 4 units and the rear building that has the remaining 2 units. Each unit is unique, and all units feature either private yards/patios or private balconies. One unit even has a 120 sq ft basement. The back building has two upstairs units that sit on top of 4 single car garages. In between the two buildings lies a nice courtyard for tenants to enjoy. Located in the heart of Old Town Torrance, this property enjoys proximity to a plethora of amenities, including eclectic shops, trendy eateries, and cultural landmarks. With easy access to major transportation routes and close proximity to the beach, residents will relish in the convenience of urban living combined with coastal relaxation. With its prime location, upscale renovations, and desirable amenities, this apartment building presents a compelling investment opportunity. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking to enter the market, this property offers the potential for strong rental income and long-term appreciation.

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Listing Snapshot
Price 
$3,900,000
Days Online 
36 Days
Bedrooms 
9
Inside Area (SqFt) 
4,982 sqft
Total Baths 
7
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1447 Acres
Year Built 
1930
MLS® Number 
24371797
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
a month agoListing first seen online
General Features
Parking 
Garage
Parking Spaces 
4
Number of Stories 
2
Acreage 
0.1447
Garage Spaces 
4
Zoning 
TORR-MD
Listing Conditions 
Standard
Property Condition 
Updated Remodeled
Direction Faces 
East
Interior Features
Cooling 
Central Air
Heating 
CentralWall Furnace
Appliances 
DishwasherMicrowaveRefrigeratorDryerWasher
Flooring 
Vinyl
Fireplace Features 
None
Fireplace 
No
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Community Features
Senior Community 
No
MLS Area 
134 - Old Torrance


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. The 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.

Neighborhood & Commute
Source: Walkscore
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