SOLD
$3,470,000
Date 01/19/2024

16915 Yukon Avenue
Torrance, CA 90504

Mixed Use
Residence
7,224
Sqft
0.2296
Lot Size
Listing Agent: Brett Lyon CalDRE: 01717818 - Lyon Stahl Investment Real Estate, Inc., 3107801899
Attractive assumable financing, subject to lender approval, available w/ Chase Bank at a 3.97% interest rate, interest only until March 2027 & fixed rate until March 2029!16195 Yukon Ave is a turnkey 8-Unit situated in a prime pocket of NW Torrance w/ over 10% rental upside. The property boasts (8) 2-bed/1-bath units, 7 carport spots, and 1 garage space. (4) of the units are equipped with spacious private patios and (1) unit in the back features an upstairs balcony. The 7,224 SF building sits on a 10,001 SF lot priced at $483/SF and $436,875 per unit. Offered at a cap rate of 4.13%, the building is currently generating over $19,000+ per month.The building is newly renovated and recent capital improvements include: New Roof, Windows, Front Doors & Wood Siding, Improved Landscaping, New Exterior Paint & Copper Plumbing, New Cabinets, Grey Quartz Countertops, Smooth Interior Ceilings, Wood Laminate Flooring, Stainless Steel Appliances, Recessed Lighting, New Bathroom Tile & Interior doors.The property is strategically located in a great pocket of Northwest Torrance in close proximity to Alondra Park Golf Course, El Camino College, and the South Bay Galleria. With its sizable living space, desirable location, and impressive income, this property is a great opportunity for any investor looking for a cash-flowing prize asset.
SB23188128
Mixed Use, 2 Story
Los Angeles
1958
0.2296 Acres
Public
2
Public Sewer
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Listing Agent: Brett Lyon CalDRE: 01717818 - Lyon Stahl Investment Real Estate, Inc., 3107801899
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