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About the Listing PB13351 - PBOYOSTE
20414 Kenwood is an excellent acquisition opportunity for any investor seeking both short and long-term upside potential in the desirable inland South Bay rental market. Current rents present 30 percent rental upside, and the property’s underutilized corner lot may offer the potential to develop five one-bedroom ADU’s, effectively doubling the property’s unit count and massively growing income potential (buyer to verify). 20414 Kenwood Avenue currently consists of three single-story buildings with a diverse mix of three studios, one one-bed/one-bath and one two-bed/one-bath unit. The fenced lot features yard and patio space, as well as two parking spaces, and the rear section of the lot is undeveloped. The property has been well-maintained and boasts new siding, windows, and doors. A new investor could explore adding laundry facilities to further increase tenant demand and income potential. The property is located in the Harbor-Gateway area of Torrance and considered part of unincorporated Los Angeles County. This location is conveniently near freeways, major employers, and retailers, with easy access to beach cities; within just one mile tenants can access the 110 and 405 Freeways, Harbor-UCLA Medical Center (major employer), and Carson Towne Center. This area retains a strong tenant base, with an average household income within one mile over $107,000.
Listing Highlights
Status
Active With Contingency
Days on Site
20
Property Type
Multi-Family
MLS ®
PW26130010
Year Built
1925
Total Square Footage
1,889
Lot/Acreage
0.18
County
Los Angeles
Area
122 - Harbor Gateway
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 2
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7350013035
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
20414 Kenwood Torrance, CA 90502
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