2264 Torrance Boulevard

Torrance, CA 90501

$1,150,000
Price
Beds
1,948 Sq. Ft.
$590 / Sq. Ft.
1,948
Sq. Ft.
$590
per Sq. Ft.

Description

Mixed use property on a knoll above high traffic Torrance Bl. in nice area of Old Torrance. Property still shows as a triplex in the tax rolls. City of Torrance permits from early 1980's show front duplex turned into four office spaces with bathroom and kitchenette. Three of the four offices rented at below market rents and the owner is using suite #2. Above the three car garage in the rear is a two bedroom apartment. Separate patio and yard area for this unit. There are also three side by side parking...Mixed use property on a knoll above high traffic Torrance Bl. in nice area of Old Torrance. Property still shows as a triplex in the tax rolls. City of Torrance permits from early 1980's show front duplex turned into four office spaces with bathroom and kitchenette. Three of the four offices rented at below market rents and the owner is using suite #2. Above the three car garage in the rear is a two bedroom apartment. Separate patio and yard area for this unit. There are also three side by side parking spaces for the front offices on the side alley. Property has been well kept. Rents are low. Could turn the front four offices back into two 1 bedroom, 1 bath units each with a garage and one extra parking space would easily rent for at least $2,200 per month each. Front structure is also 1,248 sqare feet so it could also be turned into one house. No State or City Rent Control on office property. Large front yard. Great potential and great upside.
  1. Listed by John Fields • DRE #00993786 • Brokerage DRE #00612682 • Bonanza Realty • 310-617-5850

Property Details for 2264 Torrance Boulevard

Parking Spaces Total
6
Total Units
21.0
Office Class
B
Lot Size Source
Assessor
Building Area Total
1948
Building Area Units
Square Feet
Stories Total
2
Entry Level
1

Location

Listing Courtesy of Bonanza Realty, John Fields, DRE #00993786
Add your commute
LISTING UPDATED: 03/27/2024 02:57 AM

Property Details for 2264 Torrance Boulevard

StatusActive
MLS #SB24059696
Days on Market68
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1930
Lot Size0.11 AC / 4,782 SF
CountyLos Angeles County

Location

Listing Courtesy of Bonanza Realty, John Fields, DRE #00993786
Add your commute

Building Information for 2264 Torrance Boulevard

Stories2Residences-Year Built1930Lot Size0.11 AC / 4,782 SF

Payment Calculator

$6,729 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$453

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2264 Torrance Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $40,111
  • Net Operating Income: $16,178
Expense Details
  • Operating Expense: $23,393
  • Expense Year: $2,023
  • Electric Expense: $830
  • Insurance Expense: $2,196
  • Trash Expense: $1,704
  • Water Sewer Expense: $1,602
  • Real Estate Tax Expense: $15,000
  • Total Expenses: $2,575
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
Land/Lot Info
  • Lot Features: Back Yard, Sloped Down, Front Yard, Lawn, Rectangular Lot, Near Public Transit, Park Nearby, Treed Lot, Zero Lot Line
  • Water Source: Public
Parking Info
  • Uncovered Spaces: 3
  • Carport Spaces: 3
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $628
  • Unit Type Type: 1
  • Unit Type Description: Front office
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Type: 2
  • Unit Type Description: Owner
Unit 3
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $500
  • Unit Type Type: 3
  • Unit Type Description: Rear office
Unit 4
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $400
  • Unit Type Type: 4
  • Unit Type Description: Rear Office
Unit 5
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,850
  • Unit Type Type: 5
  • Unit Type Description: Apartment
Unit 6
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $175
  • Unit Type Type: 6
  • Unit Type Description: One car garage
Unit Information
  • Number Of Units Leased: 1
  • Number Of Buildings: 2

Property History for 2264 Torrance 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 2264 Torrance Boulevard

Taxable ValueLand$249,159Additions$185,604Total$434,763
Tax Record2023$5,436 ($453 / month)
Home Facts
Total Finished SqFt1,948 SqFtAbove Grade Finished SqFt1,948 SqFtLot Size4,782 SqFtStyleTriplexYear Built1930ZoningTOCC-GENCountyLOS ANGELESAPN7355-005-004

Schools near 2264 Torrance 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
Torrance Elementary School
PublicK to 5

J. H. Hull Middle School
Public6 to 8

Torrance 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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2264 Torrance Boulevard is a mixed use property for sale in Torrance, CA 90501. This property was listed for sale on March 26, 2024 by Bonanza Realty, it's currently listed at $1,150,000. It has been on the market for a total of 68 days and was last sold on June 13, 2002. This listing's school district is Torrance Unified School District. Nearby schools include Torrance Elementary School, J. H. Hull Middle School and Torrance High School. 2264 Torrance Boulevard is a 0-bed, 0-bath, 1,948 sqft mixed use property built in 1930.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bonanza Realty, John Fields, DRE #00993786

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.