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About the Listing SB1301700 - SBCROSCHR
Large 12-unit multifamily property totaling 11,980 SQFT, featuring two buildings, 12 assigned carport spaces, two community laundry rooms, and secure gated entry. All 12 units offer spacious 3-bedroom, 1.5-bath floor plans averaging nearly 1,000 SQFT each. The additional half-bath in every unit is a unique and highly desirable feature for tenants. Priced at an attractive 9.6 GRM and 6.1% cap rate, the property offers strong in-place income with significant built-in upside. An estimated 59% upside in rents brings the property to a projected 6.0 GRM and 11.5% cap rate at market rents. The property has 14 separate gas and electric meters, with additional potential to reduce utility expenses by implementing RUBS for water, sewer, and trash (buyer to verify). The property is well maintained, with a new roof (2021), fresh exterior paint (2026), several renovated units, and a completed SB 721 balcony inspection. Strategically located in the Harbor Gateway area of Torrance, across from Normandie Recreation Center. Property is subject to Los Angeles RSO.
Listing Highlights for 1414 W 225th St
Interior Details
- Bedrooms: 36
- Bathrooms: 24 Full
- Appliances: Dryer, Washer
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 12
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Detached Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7347006004
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
1414 W 225th St Torrance, CA 90501
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