Homes for sale - 17302 Ermanita AVE, Torrance, CA 90504

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John Herkenrath

johnherkenrath@epiquerealty.com +1(310) 221-2910

$8,600,000

Est. payment - /mo

0.69 Acres Lot

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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25152883

HOA Y/N No

Year Built 1962

Lot Size 0.688 Acres

Property Sub-Type Mixed Use

Property Description

17302 Ermanita Ave is a turnkey 17-Unit situated in a prime pocket of NW Torrance. The property consists of (1) 2-bed/2-bath unit, (5) 2-Bed/1-Bath, (7) 1-Bed/1-Bath, and (4) Studio Units – with a strong in-place income of over $47K/Mo.
The 11,695 SF building sits on a massive 29,992 SF lot and features a BBQ & fire pit area for tenants to enjoy – on top of the pristine quality of the units that are fully equipped with a washer, dryer and AC.
The whole building is newly renovated and recent capital improvements to the exterior include: New Roof, Windows, Front Doors & Wood Siding, Improved Landscaping, New Exterior Paint, Copper Plumbing, New Electrical & Drain Lines. The interior is dressed with top-of-the-line renovations including: New Cabinets, Carrara Style Quartz Countertops, Smooth Interior Ceilings, Wood Laminate Flooring, Stainless Steel Appliances, Recessed Lighting, New Bathroom Tile & Interior doors.
The property is strategically located on a quiet street in 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.
*Available with Assumable Financing @ 5.25% interest Rate. $3.9M of the Loan is Assumable - Subject to Buyer Qualification. Fixed Rate until Feb 2033

Location

State CA

County Los Angeles

Area 132 - N Torrance - West

Zoning TORR-MH

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Biking

Private Pool No

Building

Lot Description 16-20 Units/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4092031008

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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Listed by Brett Lyon Lyon Stahl Investment Real Estate, Inc. 3107801899

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

17302 Ermanita AVE Torrance, CA 90504