23209 Arlington Avenue

Torrance, CA 90501
Property listed by eXp Realty of California, Inc, Edward Kaminsky 310-427-2414
$1,899,000
Some investment opportunities look good on paper. Others deliver the kind of long-term value that's increasingly difficult to find. This well-maintained four-unit property offers both, with fantastic tenants already in place and a CAP rate of just over 5%, making it an exceptional addition to any real estate portfolio. Each residenceRead MoreRead Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Lot Size
0.14 Acres
Year Built
1964
MLS Number
SB26149936
Property Location Map
Additional Details
Appliances & Equipment
GasCooktop, GasOven, GasRange, Refrigerator, Dryer, Washer
Building
Built in 1964, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: Unit doors
Community
Curbs, Sidewalks
Cooling
WallWindowUnits
Expenses
Gardener: $1,440, Insurance: $4,400, Maintenance: $200, Operating: $34,240, Trash: $4,200, Water/Sewer: $3,000
Fireplaces
None
Floors
Laminate
Garage
3 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0, Fee Includes: Sewer, Amenities: MaintenanceFrontYard, Trash, Water
Income
Gross Income: $129,600, Gross ScheduledIncome: $129,600, Net Operating Income: $95,360
Interior Features
CeilingFans, GraniteCounters, WalkInClosets
Laundry
Inside, InKitchen
Lot
0.1449 acres, BackYard, Garden, Lawn, Landscaped, Yard
Parking
2 open parking spaces, 5 total parking spaces, Assigned, DoorSingle, Driveway, Garage
Pool
None
Property
Neighborhood
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7370022077, Lot: 1, Zoning: TORR-OF
Tenant Pays
Electricity, Gas
Utilities
Water Source: Public, 4 separate electric meters, 4 separate gas meters
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
Monthly Payment
$0
Laura Grabher
Listing Specialist
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.