23823 Audrey Avenue,  Torrance CA, 90505 (Residential Income)

4,410 sqft
Status: Sold
MLS#: SB16126242
Skip Slideshow
Last Updated: 12/5/2016 2:27 AM
Description for 23823 Audrey Avenue Torrance, CA 90505
Beautifully and completely remodeled just 2 years ago, a 4 unit complex in prime South Torrance location with amazing curb appeal. Drought resistant landscaping in front and along side of property make it appealing to owners and tenants alike. Walking distance to Lago Seco park and many shops, grocery store, and restaurants, and just a short bike ride to the Riviera Village. Each unit has wood laminate floors in common areas, tile floors in the kitchens and baths, and carpet in the bedrooms, Granite counters in baths and kitchens. Extensive, long-term foundation work done. New roof, copper plumbing, extensive gutters and downspouts, etc. This is a TURNKEY property. SCHOOLS: South High School, Calle Mayor Middle School, and Arnold Elementary School. **Great property for investors** A totally remodeled 4plex at a "4+" cap is SO rare (and getting rarer!)! Great mix, too. An Owner's unit with a true master bedroom .. plus the other three units are all 2 bedrooms. LARGE building, at 4,410 SF. A homeowner could even buy this property and call the front unit home. GRM is 15.99 at proforma rents/laundry. ***COMPS: My 4 unit at 21107 Ladeene closed at $1,660,000, which is $65,000 over list price. That comp clearly supports Audrey at full price.
Price
Sold Price:
$1,745,000
Sold Date:09/30/2016
Los Angeles
4,410 (approx)
SB16126242
Closed
Description
Beautifully and completely remodeled just 2 years ago, a 4 unit complex in prime South Torrance location with amazing curb appeal. Drought resistant landscaping in front and along side of property make it appealing to owners and tenants alike. Walking distance to Lago Seco park and many shops, grocery store, and restaurants, and just a short bike ride to the Riviera Village. Each unit has wood laminate floors in common areas, tile floors in the kitchens and baths, and carpet in the bedrooms, Granite counters in baths and kitchens. Extensive, long-term foundation work done. New roof, copper plumbing, extensive gutters and downspouts, etc. This is a TURNKEY property. SCHOOLS: South High School, Calle Mayor Middle School, and Arnold Elementary School. **Great property for investors** A totally remodeled 4plex at a "4+" cap is SO rare (and getting rarer!)! Great mix, too. An Owner's unit with a true master bedroom .. plus the other three units are all 2 bedrooms. LARGE building, at 4,410 SF. A homeowner could even buy this property and call the front unit home. GRM is 15.99 at proforma rents/laundry. ***COMPS: My 4 unit at 21107 Ladeene closed at $1,660,000, which is $65,000 over list price. That comp clearly supports Audrey at full price.
Listing Information
Property Type: Cluster, Traditional
0.14 Acres 613,600 sq.ft. 4,410 (approx)
$395.69 1964
Yes- 4 spaces Stucco
4 Total
Neighborhood
Room Information
Common
Interior Features
Electric Range/Cooktop
Carpet and Other, Ceramic Tile, Hardwood Laminate
None
Radiant
Part Copper Plumbing
Living Room
Tile Counter Top
Exterior / Lot Features
4 Garage Spaces, 5 Parking Spaces, Assigned Parking Space, No Driveway
Stucco
Composition
Block
Sidewalks, Street Lights, Rain Gutters, Storage Area, Curbs Walk, Suburban, Storm drains
Driving Directions
From Hawthorne turn west on 238th, south on Audrey Ave. Cross Streets: PCH and Hawthorne
Financial Considerations
7378012068
$110,400 Income ,$32,610Expense
Listing Price History

Torrance Real Estate

Torrance is located in California. Torrance, California 90505 has a population of 145,443.

The median household income in Torrance, California 90505 is $76,082. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Torrance 90505 is 41.7 years.

Loading nearby sales and history ...
Courtesy: Engel & Volkers LA-South Bay Nick Peters
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time
Nearby homes for sale
Recent sales nearby