1608 Plaza Del Amo
Torrance, CA 90501

Bd   — Ba   5,264 Sqft
Great investment opportunity in Torrance PO, with almost $84,000 in annual income! The subject property consists of two structures on two parcels; a 3 unit on one parcel and a 4 unit on another with 7 apartment units total. The parcels are contiguous and will be sold together. All 7 units are 2 beds, 1 bath, with nice outdoor patios. The two front units also have fenced in yard areas. There is ample parking with both open surface and car port parking spaces located at the rear of the property. The property is conveniently located off the 110 freeway and is close to the Torrance airport, UCLA Harbor Medical Center, lots of local shopping, schools, and parks. Seller has recently done over $45,000 in improvements which will lower maintenance costs for the new buyer. An investment like this won't last, so act fast!
  • Neighborhood: Harbor Gateway South
  • Days on Movoto: 65
  • Year Built: 1963
  • HOA: $0 HOA
  • $/Sqft: $238
  • Lot: 11,817 Sqft
  • Property Type: Multi Family
  • MLS#: SB16716806
  • MLS:
  • Listing Office: Engel & Volkers LA-South Bay
  • Listed By: Benjamin Larson
  • Movoto last checked CRMLS for new data 8 hours ago
  • CRMLS last updated this listing 5 months ago
Go Tour Nearby Homes

Property History

Status
Date
Price
Sold
Dec 7, 2016
$1,251,000
Pending
Oct 18, 2016
Price Change
Oct 12, 2016
$1,250,000
Listed
Oct 3, 2016
$1,225,000
#SB16716806

Public Record

6 Beds
3 Baths
2,212 Sqft Building Area
Triplex (3 units, any combination)
5,678 Sqft Lot Size
1963 Year Built
03/01/2004 Last Sale Date
1608 Plaza Del Amo is a multi family home located in 90501 in Torrance, CA. It was last listed for $1,251,000, which is 90% above the current market median of $658,900 in 90501 and 82% above the market median of $688,000 in Torrance. 1608 Plaza Del Amo is approximately 5,264 square feet, which is 263% above the median size in Torrance of 1,450 square feet and 283% above the median size in 90501 of 1,375 square feet. This property's price per square foot was $238, which is 45% below the current median in 90501 of $433 and 45% below the Torrance median of $435. As of today, , there are 45 properties listed for sale in ZIP code 90501 and 134 properties listed for sale in the city of Torrance. Of those 134 properties, there are 93 single family houses and 41 condos.
Built in 1963, this multi family house at 1608 Plaza Del Amo, Torrance CA, 90501 is approximately 5,264 square feet and comes with 7 parking spots. It was last listed with a cost per Sqft of $238. 1608 Plaza Del Amo is located in the Harbor Gateway South neighborhood in the Los Angeles Unified School District. The closest school is Meyler Street Elementary School.

1608 Plaza Del Amo, Torrance CA, 90501 was on the market for 65 days. The median days on the market for properties in this area is 21 with a median list price of $688,000 and median cost per square foot of $435. Its current status is sold under the MLS #SB16716806.

View active properties and off-market properties in this area. Or connect with a top-rated Movoto agent to learn about Torrance market trends and find homes like this one.

Meet with a real estate agent today Call (877) 505-9582.

Movoto
Torrance Agent

I'm happy to give you a quick call to answer all your questions about this home and schedule a tour.