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Introducing The Lagoon Flats, an impressive two-story, seven-unit multifamily investment property situated at 823 Lagoon Ave, Wilmington, CA. This charming garden-style apartment building boasts an attractive exterior, encompassing approximately 5,301 square feet within a 7,512 square foot lot, and holds the LARD1.5 zoning designation. Originally constructed in 1965, The Lagoon Flats underwent a tasteful renovation in 2023, featuring remodeled interior units, a new roof, windows, and drought-tolerant landscaping. The unit composition consists of four one-bedroom/one-bath units, one two bedroom/ two-bath unit, and two two-bedroom/one and
Introducing The Lagoon Flats, an impressive two-story, seven-unit multifamily investment property situated at 823 Lagoon Ave, Wilmington, CA. This charming garden-style apartment building boasts an attractive exterior, encompassing approximately 5,301 square feet within a 7,512 square foot lot, and holds the LARD1.5 zoning designation. Originally constructed in 1965, The Lagoon Flats underwent a tasteful renovation in 2023, featuring remodeled interior units, a new roof, windows, and drought-tolerant landscaping. The unit composition consists of four one-bedroom/one-bath units, one two bedroom/ two-bath unit, and two two-bedroom/one and
SELLER WILL ENTERTAIN ALL OFFERS. Tremendous upside with a potential for the addition of a two bedroom (App. 760SF) ADU to rear garages, with plans and architectural drawing (see photos). Impressive offering actual CAP Rate of 5.25% / Introducing The Lagoon Flats, an impressive two-story, seven-unit multifamily investment property situated at 823 Lagoon Ave, Wilmington, CA. This charming garden-style apartment building boasts an attractive exterior, encompassing approximately 5,301 square feet within a 7,512 square foot lot, and holds the LARD1.5 zoning designation. Originally constructed in 1965, The Lagoon Flats underwent a tasteful renovation in 2023, featuring remodeled interior units, a new roof, windows, and drought-tolerant landscaping. The unit composition consists of four one-bedroom/one-bath units, one two bedroom/ two-bath unit, and two two-bedroom/one and
Development opportunity. Cash cow building + Value add! 2 lots with 2 APNs. (7416-032-028 - 7,247sf per assessor) and (7416-032-027 - 7,244sf per assessor) Building sits on one APN, buyer can re-develop or sell the other APN. City says minimum 3 (non-rent controlled) units can be added to the vacant lot. Buyer to check. Beautiful character Spanish style building with tile roof. Bread and butter pride of ownership well-maintained 10 units. Significant RENTAL UPSIDE (raise rents, rent out parking spaces) + add laundry machines for more income. See for yourself - the last rental - apt 4 was rented in December 2023 for $1,500. Market rent is about $16,400/ month, or $196,800/ year. 2023-2024 upgrades - exterior paint, stairs, upper and lower decks refinished, new fence, landscaping, auto sprinklers. Capital improvements since purchase in August 2015 - new main drain line from the building to the street (apx 150 feet). Fresh water lines (copper and pex combination) from main meter. New electrical wiring from meters to subpanels, new subpanels, panels, main breakers, Edison meters (10 units + house meter). Permits will be uploaded to supplements. Parking lot re-paved in 2015. Note -units #5,10 are bigger than the rest. Units #4,9 are studios.
Discover a prime commercial opportunity in the vibrant City of Carson. This unique property, comprised of two adjacent legal parcels, is perfectly positioned three-quarters of a block south of Carson Street near the west end of the city. Currently utilized as a day care center, the property offers expansive facilities and a welcoming environment that can easily be adapted to a variety of commercial uses. The seller is open to leasing back the property, presenting an attractive investment opportunity with immediate income potential.
We are proud to present a unique opportunity to acquire a fully renovated 6-unit apartment building in the heart of Old Town Torrance. Nearly new construction, every part of the property has been rebuilt from the bare studs, including all-new main systems and units. The property has undergone extensive capital improvements with current ownership spending about $2M to restore the property to brand new condition. The quality of construction is top notch and ownership left no stone unturned during the process. Originally constructed in 1930 as one of Torrance's first hotels, the property brings historic charm and modern convenience. The buildings feature brand new roofs, PEX plumbing, ABS sewer lines, brand new electrical, vinyl windows, central air conditioning/heat in 1913 and mini-split systems in 1915, new exterior paint, individual tankless water heaters, new decks/railings, solar panels for two units, new garage doors and new landscaping. All unit interiors have been completely gutted and the finishes include quartz countertops, custom white shaker cabinets, stainless steel appliances, luxury vinyl plank flooring, LED lighting, washer/dryers, new vanities, and custom tile showers. The property is composed of two structures. There is a front building which includes 4 units and
Discover a prime commercial opportunity in the vibrant City of Carson. This unique property, comprised of two adjacent legal parcels, is perfectly positioned three-quarters of a block south of Carson Street near the west end of the city. Currently utilized as a day care center, the property offers expansive facilities and a welcoming environment that can easily be adapted to a variety of commercial uses. The seller is open to leasing back the property, presenting an attractive investment opportunity with immediate income potential.
This building was a single family home long time ago. Currently it is being used as a Veterinarian Hospital. Sellers are in the process of consolidating their few locations. It has about 6 PLUS examination rooms, full fledged laboratory, kennel and a large yard. Ample parking on the property and on adjoining lot of KFC Because it is a PRIME location it can be used for many other Occupations like Medical, Dental and OTHERS Very close to Torrance and surrounding areas. Sellers have completely RENOVATED this building with NEW Flooring, Counter Tops with NEW Cabinets, Drawers, DOORS, NEW Sinks, Some of the NEW windows, Brand New accented Lights, Bathrooms with Handicap access, Recessed Lights, Internet (ethernet connections), New Electric, New Inside/Outside Paint. Yard is completely cemented with Slope for water to flow out.
This building was a single family home long time ago. Currently it is being used as a Veterinarian Hospital. Sellers are in the process of consolidating their few locations. It has about 6 PLUS examination rooms, full fledged laboratory, kennel and a large yard. Ample parking on the property and on adjoining lot of KFCBecause it is a PRIME location it can be used for many other Occupations like Medical, Dental and OTHERSVery close to Torrance and surrounding areas.Sellers have completely RENOVATED this building with NEW Flooring, Counter Tops with NEW Cabinets, Drawers, DOORS, NEW Sinks, Some of the NEW windows, Brand New accented Lights, Bathrooms with Handicap access, Recessed Lights, Internet (ethernet connections), New Electric, New Inside/Outside Paint.Yard is completely cemented with Slope for water to flow out.
Blank slate for the for you to build upon, currently used as a meeting hall and industrial kitchen to meet the needs of a feeding program. Many construction projects going on with in close proximity so may be an opportunity to redevelop for other uses.
Blank slate for the for you to build upon, currently used as a meeting hall and industrial kitchen to meet the needs of a feeding program. Many construction projects going on with in close proximity so may be an opportunity to redevelop for other uses.
We are pleased to present our newest exclusive listing in the highly sought-after community of Walteria in South Torrance. This trophy property is on the market for the first time in 40 years and is a rare opportunity to own real estate in a highly desirable location with a low supply of multifamily housing. Located on the border of Rolling Hills Estates, it is within minutes of schools, Whole Foods, Trader Joe's, Home Depot, Costco, and the exclusive Rolling Hills Country Club. This unique property is comprised of two separate fourplexes on two separate APNs. Each building has two 2-bedroom units and two 1-bedroom units, making it an ideal unit mix that will always stay full! The property has been meticulously cared for and has a "pride of ownership" feel to it. There is a 1:1 parking ratio with plenty of street parking for tenants. This is a rare opportunity to own an exceptional investment property that will generate strong returns into the future! DO NOT DISTURB TENANTS. DRIVE BY ONLY.
Offers due by May 17th! 8 homes on a large 19,846 sqft corner lot. 229 E 219th St can be delivered fully vacant at close of escrow for a buyer to either renovate the existing homes, demolish and rebuild townhomes, apartments, or create a small lot subdivision for homes. The unit mix is comprised of (7) 2-Bed/1- Bath and (1) 1-Bed/1-Bath units. Each unit has a private yard. 229 E 219th St is located off Main St and Carson St, which is conveniently situated near the 110 and 405 freeways giving any tenants or future owners easy access to get around the city. Upon stabilization, the property will operate at a 8.85% CAP and 8.18 GRM.
An excellent opportunity for anyone looking to own a commercial building in a prime location in Wilmington, CA. The property seems to offer a lot of potential for various types of businesses due to its recent remodel and flexible floor plan. The fact that it is conveniently located near the port of Los Angeles and with easy access to major highways and public transportation is definitely a bonus. If you're interested in learning more about this property or would like to schedule a private showing, feel free to reach out to the contact provided in the listing. It's always a good idea to conduct thorough due diligence and inspections before making any real estate investment decisions. Good luck with your potential venture!
An excellent opportunity for anyone looking to own a commercial building in a prime location in Wilmington, CA. The property seems to offer a lot of potential for various types of businesses due to its recent remodel and flexible floor plan. The fact that it is conveniently located near the port of Los Angeles and with easy access to major highways and public transportation is definitely a bonus.If you're interested in learning more about this property or would like to schedule a private showing, feel free to reach out to the contact provided in the listing. It's always a good idea to conduct thorough due diligence and inspections before making any real estate investment decisions. Good luck with your potential venture!
"Rose Center" 234 E Carson St, Carson. The Rose Center is a two story Spanish Style 10 Unit retail /office complex. The Units are light and bright and all the units have private bathrooms , 4 units have their own private patios. The square footage and configuration of each unit is unique. The units average 800 sq ft each. Carson is one of the major industrial hubs in the South Bay area of Greater Los Angeles. The bustling city is in ideal proximity to Los Angeles and Long Beach ports and offers easy access to the 110 and 405 freeways. Numerous industrial tenants have decided to locate in the area. Businesses have convenient access to Los Angeles International Airport and Long Beach Airport. Residents and workers enjoy Carson's massive South Bay Pavilion, with over 1 million square feet of retail anchored by Ikea, Walmart and Target as well as its proximity to well-known landmarks, airports, places of interest, and entertainment.
Rose Center" 234 E Carson St, Carson. The Rose Center is a two story Spanish Style 10 Unit retail /office complex. The Units are light and bright and all the units have private bathrooms , 4 units have their own private patios. The square footage and configuration of each unit is unique. The units average 800 sq ft each. Carson is one of the major industrial hubs in the South Bay area of Greater Los Angeles. The bustling city is in ideal proximity to Los Angeles and Long Beach ports and offers easy access to the 110 and 405 freeways. Numerous industrial tenants have decided to locate in the area. Businesses have convenient access to Los Angeles International Airport and Long Beach Airport. Residents and workers enjoy Carson's massive South Bay Pavilion, with over 1 million square feet of retail anchored by Ikea, Walmart and Target as well as its proximity to well-known landmarks, airports, places of interest, and entertainment.
Hand wash car wash has been in Torrance since 1957 walking distance to down town. Property consists of 2 separator APN's totaling 14,131, great redevelopment area also, and long time employees. City is open to various opportunities . Call for details.
Hand wash car wash has been in Torrance since 1957 walking distance to down town. Property consists of 2 separator APN's totaling 14,131, great redevelopment area also, and long time employees. City is open to various opportunities . Call for details.
Rare opportunity in San Pedro's revitalization zone! Located directly across the street from the harbor and within walking distance to the newly revitalized Promenade and Town Square project on the waterfront. With stunning views of the harbor and Vincent Thomas Bridge, this property is surrounded by new residential and mixed use developments that links West Harbor and the downtown San Pedro waterfront. The building has been designated a historical building by the city of Los Angeles and was previously operated as Union Baptist Church. Because the building no longer serves as a Church and is vacant, it has been vandalized and is in poor condition, it will require extensive rehab before it can be occupied. Due to the location of this rare development opportunity, the value is in the land. Buyer to do their own due diligence, seller makes no guarantees, sold as is. DUE TO UNSAFE CONDITIONS, PLEASE DO NOT ATTEMPT TO ENTER WITHOUT LISTING AGENT OR OWNER BEING PRESENT.
Vacant land parcel currently zoned Light Manufacturing. City has plans to update zoning to Commercial and Mixed Use. Owner has explored the following options with city: warehouse, office building, restaurant site, car wash, retail, up to approx. 16 units. Survey available. Clean environmental, existing water meter, sewer and heavy power available. Lot also offers CA 110 Freeway frontage.
Vacant land parcel currently zoned Light Manufacturing. City has plans to update zoning to Commercial and Mixed Use. Owner has explored the following options with city: warehouse, office building, restaurant site, car wash, retail, up to approx. 16 units. Survey available. Clean environmental, existing water meter, sewer and heavy power available. Lot also offers CA 110 Freeway frontage.
Vacant land parcel currently zoned Light Manufacturing. City has plans to update zoning to Commercial and Mixed Use. Owner has explored the following options with city: warehouse, office building, restaurant site, car wash, retail, up to approx. 16 units. Survey available. Clean environmental, existing water meter, sewer and heavy power available. Lot also offers CA 110 Freeway frontage.
Outstanding Owner-User Opportunity - Upstairs Unit with 1,100 SF Delivered Vacant | Three-Story, Four-Unit Office/Retail Property in Old Town Torrance | Built in 2005 - Newer Construction Building with Charm | Vacant Unit is Upgraded and Features Rooftop Deck, HVAC & Private Restroom | Located on Upscale Commercial Street Surrounded by Retails Shops, Restaurants, Offices & Cafes | Offering Includes Parking Lot Across the Street with 10 Designated Parking Spaces | Three Units are Currently Occupied on Triple Net (NNN) Leases | 4.99% Current Cap Rate & 5.41% Pro-Forma Cap Rate | Opportunity for Investor to Lease Vacancy at Market Rate with New NNN Lease | Great Frontage on Post Avenue with Ample Street Parking
Outstanding Owner-User Opportunity - Upstairs Unit with 1,100 SF Delivered Vacant | Three-Story, Four-Unit Office/Retail Property in Old Town Torrance | Built in 2005 - Newer Construction Building with Charm | Vacant Unit is Upgraded and Features Rooftop Deck, HVAC & Private Restroom | Located on Upscale Commercial Street Surrounded by Retails Shops, Restaurants, Offices & Cafes | Offering Includes Parking Lot Across the Street with 10 Designated Parking Spaces | Three Units are Currently Occupied on Triple Net (NNN) Leases | 4.99% Current Cap Rate & 5.41% Pro-Forma Cap Rate | Opportunity for Investor to Lease Vacancy at Market Rate with New NNN Lease | Great Frontage on Post Avenue with Ample Street Parking