Description
Six Detached 1-Bedroom/1-Bathroom Houses with No Shared Common Walls | Large 15,016-Square Foot Lot | Highly Desirable Lomita Location | No Local Rent Control - Defaults to AB 1482 | Each Unit Contains Washer/Dryer Hook-Ups, Individual Water Heater, Newer Gas Range & Private Patio with Pavers | 4.10% Current Cap Rate & 16.53 Current GRM | Approximately 19% in Rental Upside - 5.21% Pro-Forma Cap Rate & 13.89 Pro-Forma GRM | Total of Seven Garages with New Metal Entry Doors | Three Garages with New Roll-Up Garage Doors | Units Upgraded with Dual Glazed Windows (2016) & Insulated Attics (2017) | Newer Water-Efficient Landscaping, Exterior Paint & Electric Service Panels (100 Amp) | Close Proximity to Torrance Crossroads, Rolling Hills Plaza, Palos Verdes, Rolling Hills Estates & Redondo Beach
Location
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