1612 W 226th Street

Torrance, CA 90501
Property listed by LOU EDWARDS FINANCIAL INC., LOU WU 949-870-2882
$1,705,000
INCREASE CASH FLOW! NEW CALIFORNIA LAW WILL ALLOW UP TO 4 ADU ON THIS LOT!! THERE ARE FOUR CAR GARAGES THAT YOU CAN EASILY CONVERT OR EXPAND INTO 4X 1 OR 2 BEDROOM UNITS WHILE STILL MAINTAINING A MASSIVE PARKING LOT. INCREASE YOUR CASH FLOW!! FULLY RECENTLY RENOVATED FOURPLEX WITH LAUNDRYRead MoreRead Less
Listing Snapshot
Days Online
203
Last Updated
Property Type
Quadruplex
Lot Size
0.17 Acres
Year Built
1948
MLS Number
WS25114828
Property Location Map
Additional Details
Appliances & Equipment
Dishwasher, GasOven, GasRange, Refrigerator, WaterHeater
Building
Built in 1948, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
StreetLights
Cooling
None
Accessibility Features
None
Expenses
Insurance: $2,500, Operating: $32,000, Water/Sewer: $7,000
Fence
Block
Fireplaces
None
Floors
Vinyl
Foundation
Slab
Garage
4 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $10,855, Gross ScheduledIncome: $136,860, Net Operating Income: $104,860
Laundry
CommonArea, LaundryRoom
Lot
0.1653 acres, Paved
Parking
5 open parking spaces, 9 total parking spaces, Assigned, Concrete, Garage, Paved
Pool
None
Property
UpdatedRemodeled, Neighborhood
Roof
Shingle
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7347010012, Lot: 406, Zoning: LARD1.5
Tenant Pays
Electricity, Gas
Utilities
CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable, Water Source: Public, 4 separate electric meters, 4 separate gas meters
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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.