Michelle Kaplan


Talk/Text (818) 515-9763

Click HERE to check out my mobile app
Email: michelle.kaplan@me.com

&nsbp;
$3,550,000

1351 W 228th Street Torrance, CA 90501

Beds: 0
Baths:
Sq Ft: 0
Type: Residential Income
MLS#: OC17055716
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Hi, Michelle Kaplan.

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Estimated Monthly Payment

$5,051
Interest Rate %
Down Payment
5 year
15 year
30 year

4.93% Pro Forma CAP Rate!! Current rents are way below market. Flyer, rent roll and income statement are attached in the supplements. Average CAP rate sold in area is 4.45%. Come see this well maintained 17 unit, no rent control, multifamily apartment located in the high demand area Harbor Gateway in the Torrance PO. Built in 1986 with a mix of one studio, 9 single bedroom units, 4 2 bedroom / 1.5 baths and 3 2 bedroom / 1 bath units. This well maintained garden property features an onsite laundry facility, security gate, gated courtyard and ample parking (10 covered spaces and 18 open spaces). The units are individually metered for gas and electricity. Gas wall heaters and gas stoves are provided for each unit. The roof was replaced in 3 phases between 2012 and 2015. Entire building was painted in 2016. Full cooper plumbing. No A/C., 1 110 Freeway, exit Sepulveda Blvd and go west, right on Normandie and left on 228th Street

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DescriptionInterior & Exterior Features

Interior Features Include:


Fireplace None

Air Cond: None

Heating: Wall Heater


Exterior Features Include:


Fencing Block
Spa Features None

Acreage: 0.3300 Acres

Lot: 16-20 Units/Acre, Lot-Level/Flat

Exterior:
Construction Drywall Walls

Garage/Parking:
Parking Assigned, Unassigned, Carport Attached
Parking Spaces 28.00

Carport Capacity: 10

Other Features Include:

Water: Public

Sewer: Sewer Paid

Pool: None


Stories 2
Security Features Automatic Gate, Resident Manager
Community Features Sidewalks
View None
Total Expenses 89618.00
Separate Gas Meters 17

This Listing is Presented By
spetebra

Michelle Kaplan

Cell: (818) 515-9763

Work: (818) 515-9763

Email: michelle.kaplan@me.com

 
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