Seller Financing Available | 20414 Kenwood Ave
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Seller Financing Available 20414 Kenwood Ave
5 Unit Apartment Building $1,842,711 CAD ($368,542 CAD/Unit) Torrance, CA 90502
Investment Highlights
- Versatile Unit Mix: Ideal for owner-occupants or investors looking to maximize potential.
- Adjacent Lot Potential: Includes a 7,000+ SQFT adjoining lot for future development (buyer to verify).
- Prime Location: Conveniently located near the 110 freeway and other major thoroughfares, providing easy access to transportation and amenities.
- Value-Add Development Opportunity: Potential to enhance property value and increase cash flow.
- Strong Occupancy: Low vacancy rates ensure consistent rental income.
Executive Summary
This 5-unit property presents a fantastic opportunity for owner-users or developers alike. With its desirable unit mix and over 7,000 sqft of flat land on the adjoining lot, it’s perfect for those looking to maximize rental income or explore development possibilities. The bungalow-style units offer a charming layout, contributing to consistent occupancy—vacancy has been virtually non-existent for decades. Whether you’re seeking a solid investment or a place to call home while generating income, this property has it all!
Property Facts
| Price | $1,842,711 CAD | Building Class | C |
| Price Per Unit | $368,542 CAD | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 1,889 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1925 |
| Apartment Style | Low Rise | Parking Ratio | 2.12/1,000 SF |
| Price | $1,842,711 CAD |
| Price Per Unit | $368,542 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 1,889 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1925 |
| Parking Ratio | 2.12/1,000 SF |
Unit Amenities
- Tile Floors
- Kitchen
- Granite Countertops
- Walk-In Closets
Site Amenities
- Courtyard
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 1 | - | 500 |
| 3+1 | 1 | - | - |
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PROPERTY TAXES
| Parcel Number | 7350-013-035 | Improvements Assessment | $304,006 CAD |
| Land Assessment | $558,715 CAD | Total Assessment | $862,721 CAD |
PROPERTY TAXES
Parcel Number
7350-013-035
Land Assessment
$558,715 CAD
Improvements Assessment
$304,006 CAD
Total Assessment
$862,721 CAD
zoning
| Zoning Code | R2-1C (M1, R2 residential , Commercial, Convenient store possibility) |
| R2-1C (M1, R2 residential , Commercial, Convenient store possibility) |
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Blas Fernandez -
Melina Ghotanian -
Ikon Properties
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Seller Financing Available | 20414 Kenwood Ave
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