17901 Crenshaw Boulevard

Torrance, CA 90504

$3,180,000
Price
9
Beds
8
Baths
4,888 Sq. Ft.
$651 / Sq. Ft.
4,888
Sq. Ft.
$651
per Sq. Ft.

Description

We are pleased to present this turnkey 7-unit apartment community located in the heart of North Torrance. This asset includes six (6) 1-Bed/1-Bath units and one (1) 3-bed/ 2-bath unit. The entire property has been professionally designed, upgraded and permitted, including complete replacements of the electrical, plumbing and sewer systems, HVAC, kitchens & bathrooms, windows, tile, etc. Front unit enjoys a large fenced in yard with a beautiful lawn and new patio, and the 3-bedroom includes washer-dryer...We are pleased to present this turnkey 7-unit apartment community located in the heart of North Torrance. This asset includes six (6) 1-Bed/1-Bath units and one (1) 3-bed/ 2-bath unit. The entire property has been professionally designed, upgraded and permitted, including complete replacements of the electrical, plumbing and sewer systems, HVAC, kitchens & bathrooms, windows, tile, etc. Front unit enjoys a large fenced in yard with a beautiful lawn and new patio, and the 3-bedroom includes washer-dryer as well (other units share a laundry room = extra income!). All units are occupied by well-qualified, long-term tenants. 4 on-site parking spaces and plenty of street parking. NO LOCAL RENT CONTROL - subject only to AB 1482.
  1. Listed by Noam Srolovitz • DRE #02069623 • Brokerage DRE #02069623 • Kape Property Management, Inc.
  2. Listed by Benjamin Lester • DRE #02033314 • Brokerage DRE #02069623 • Kape Property Management, Inc.

Property Details for 17901 Crenshaw Boulevard

Zoning
TORR-OF
Parcel Number
4091014004
Total Units
7.0
Living Area
4888
Source Living Area
Plans
Area
North Torrance West (132)
Vacancy Rate
o
Lot Size Area
5535
LISTING UPDATED: 11/12/2024 12:02 PM

Property Details for 17901 Crenshaw Boulevard

StatusActive
MLS #24-428373
Days on Market89
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.13 AC / 5,535 SF
CountyLos Angeles County

Building Information for 17901 Crenshaw Boulevard

Stories2Residences-Year Built1958Building Size-Lot Size0.13 AC / 5,535 SF

Property Information for 17901 Crenshaw Boulevard

Community / Development
Community / Development
  • Number Of Units: 7
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $219,240
  • Net Operating Income: $147,801.00
  • Gross Income: $212,663
  • Cap Rate: 4.85%
  • Gross Rent Multiplier: $14.50
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 64862
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1271
  • Lot Size Square Feet: 5535
  • Lot Size Dimensions: 50x113
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 4
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Air Conditioning, Other, Ceiling Fan
  • Heating: Wall Furnace, Natural Gas
  • Heating Type: Wall, Natural Gas
  • Equipment: Built-Ins, Cable, Dryer, Washer, Range/Oven, Refrigerator, Dishwasher, Garbage Disposal, Water Line to Refrigerator, Freezer
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-23-2024
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,545.00
  • Unit Actual Rent: $2,545.00
  • Unit Projected Rent: $2,672.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,395.00
  • Unit Actual Rent: $2,395.00
  • Unit Projected Rent: $2,515.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,395.00
  • Unit Actual Rent: $2,395.00
  • Unit Projected Rent: $2,515.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,395.00
  • Unit Actual Rent: $2,395.00
  • Unit Projected Rent: $2,515.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,395.00
  • Unit Actual Rent: $2,395.00
  • Unit Projected Rent: $2,515.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,395.00
  • Unit Actual Rent: $2,395.00
  • Unit Projected Rent: $2,515.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,750.00
  • Unit Actual Rent: $3,750.00
  • Unit Projected Rent: $3,938.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $461,471.00
  • Assessed Improvement Percent: 73.03
  • Assessed Land Value: $170,382.00
  • Assessed Land Percent: 26.97
  • Assessed Total Value: $631,853.00

Property History for 17901 Crenshaw Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 17901 Crenshaw Boulevard

Taxable ValueLand$647,700Additions$882,660Total$1,530,360
Tax Record2024$18,417 ($1,535 / month)
Home Facts
Total Finished SqFt3,688 SqFtAbove Grade Finished SqFt3,688 SqFtLot Size5,535 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningTORR-OFCountyLOS ANGELESAPN4091-014-004

Schools near 17901 Crenshaw Boulevard

This home is within Torrance Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Yukon Elementary School
PublicK to 5

Philip Magruder Middle School
Public6 to 8

North High School
Public9 to 12

Gene Drevno Community Day School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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17901 Crenshaw Boulevard is a multi-family home for sale in Torrance, CA 90504. This property was listed for sale on August 21, 2024 by Kape Property Management, Inc., it's currently listed at $3,180,000. It has been on the market for a total of 89 days and was last sold on April 11, 2023. This listing's school district is Torrance Unified School District. Nearby schools include Yukon Elementary School, Philip Magruder Middle School and North High School. 17901 Crenshaw Boulevard is a 9-bed, 8-bath, 4,888 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kape Property Management, Inc., Noam Srolovitz, DRE #02069623; Kape Property Management, Inc., Benjamin Lester, DRE #02033314

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.