21007 Ladeene Avenue
Torrance, CA 90503
Sold
This prime fourplex investment opportunity in the heart of Torrance offers an exceptional chance for both seasoned and first-time investors. Located in the desirable West Torrance neighborhood, this well-maintained property is surrounded by top-rated schools, parks, shopping centers, and dining options, making it an attractive option for tenants. The fourplex comprises four spacious units with a total of 4,271 square feet of living space. The units include a 3 bed, 2 bath; a 2 bed, 2 bath; a 2 bed, 1 bath; and a 1 bed, 1 bath, providing comfortable living spaces ideal for families, professionals, and individuals alike. The property sits on a generous 6,500 square foot lot, featuring a well-kept front yard and a private backyard area perfect for relaxation and outdoor activities. Each unit comes with assigned parking in attached garages. The 3-bedroom unit gets 2 spaces, while the other units each get 1 space, ensuring convenience and security for all residents. Two of the units have been fully remodeled, and the roof on the back building was just replaced last week, showcasing the meticulous care provided by the current owner. On-site laundry facilities add to the convenience and appeal of the property. Situated in a quiet, family-friendly neighborhood with easy access to major highways, public transportation, and the beautiful South Bay beaches, this property is ideally located. It is also zoned for the highly regarded Torrance Unified School District, known for its excellent educational opportunities. With stable rental income and high demand for rental properties in the area, this fourplex presents a solid income-generating investment. Whether you’re looking to expand your investment portfolio or secure a property with great rental potential, this fourplex is a fantastic choice. Experience the best of Torrance living with this versatile and profitable property. Schedule your private tour today and envision the possibilities this investment has to offer.
PROPERTY INFORMATION
| MLS # | SB24147515 | Lot Size | 6,303 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Quadruplex |
| Price | $ 1,975,000
Price Per SqFt: $ 462 |
DOM | 459 Days |
| Address | 21007 Ladeene Avenue | Type | Residential Income |
| City | Torrance | Sq.Ft. | 4,271 Sq. Ft. |
| Postal Code | 90503 | Garage | 5 |
| County | Los Angeles | Year Built | 1963 |
| Bed / Bath | 8 / 0 | Parking | 5 |
| Built In | 1963 | Status | Closed |
| Sold Date | 2024-08-26 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community, Individual Room, Outside |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Heating | Yes |
| Heating Information | Central |
| Has Cooling | No |
| Cooling Information | None |
| Flooring Information | Carpet, Vinyl |
| EntryLocation | Front Door |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,107
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/15/2024 | Pending | $1,975,000 |
| 08/02/2024 | Active Under Contract | $1,975,000 |
| 07/24/2024 | Listed | $1,975,000 |
Topfind Realty
REALTOR®
(844)-333-8033
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Listing provided courtesy of Edward Kaminsky, eXp Realty of California, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.