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24610 Park Street
Torrance, CA 90505
Sold
On market for the first time in 40 years! 24610 Park Street is a well-maintained five-unit apartment building in Torrance, California. This offering presents an outstanding opportunity for an investor to acquire an asset with a strong unit mix, desirable location, and 48 percent rental upside. 24610 Park Street is a 1964 construction with a mix of one one-bed/one-bath unit, three two-bed/one-and-one-half-bath units, and one three-bed/one-and-one-half bath unit. The 4,520-square foot building is all-electric and offers five single-car garages, on-site laundry, a security camera system, and lush landscaping. Furthermore, the building features a newer roof and upgraded interiors in select units. This property boasts a great South Bay location in an affluent neighborhood on the border of Rolling Hills Estates; the average household income within one mile exceeds $167,000. Additionally, this building is just over one block to Walteria Elementary School.
PROPERTY INFORMATION
| MLS # | PW24029833 | Lot Size | 7,633 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
| Price | $ 1,980,000
Price Per SqFt: $ 438 |
DOM | 615 Days |
| Address | 24610 Park Street | Type | Residential Income |
| City | Torrance | Sq.Ft. | 4,520 Sq. Ft. |
| Postal Code | 90505 | Garage | 5 |
| County | Los Angeles | Year Built | 1964 |
| Bed / Bath | 6 / 0 | Parking | 5 |
| Built In | 1964 | Status | Closed |
| Sold Date | 2024-03-08 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community |
| EntryLocation | 1 |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 76 (Very Walkable)
Transit Score: 36 (Some Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,112
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 03/08/2024 | Sold | $2,005,000 |
| 02/23/2024 | Pending | $1,980,000 |
| 02/12/2024 | Listed | $1,980,000 |
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Listing provided courtesy of Steven Bogoyevac, Steven M. Bogoyevac, Broker. 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.
