23870 Los Codona Avenue
$4,225,000
3
18
11,738
11,738
$360
Closed 11/6/24
Description
18 unit residential apartment building in prime Walteria/South Torrance area. Situated in a strong rental market, this well maintained building offers a mix of spacious 1 & 2 bedroom apartments with 1 studio & a bonus unit. -INCOME- Current gross scheduled income is $290,352/year. However, pro forma/market rents could bring the Gross scheduled income conservatively to around $425,000/year. -LAYOUT- Large 11,738 sqft building on a 17,440 sqft lot. 25 bedrooms in total with 19 bathrooms and a bonus,...18 unit residential apartment building in prime Walteria/South Torrance area. Situated in a strong rental market, this well maintained building offers a mix of spacious 1 & 2 bedroom apartments with 1 studio & a bonus unit. -INCOME- Current gross scheduled income is $290,352/year. However, pro forma/market rents could bring the Gross scheduled income conservatively to around $425,000/year. -LAYOUT- Large 11,738 sqft building on a 17,440 sqft lot. 25 bedrooms in total with 19 bathrooms and a bonus, 450 sqft studio that is currently being used for storage. 9 (1 bedroom/1 Bath), 8 (2 bedrooms/1 Bath) & 1 (Studio). Total of 18 garage spaces; 8 covered garages w/ auto door openers & 10 covered garages. Co-Op shared laundry room w/ 2 washing machines & 2 dryers. Rent includes trash & water while tenants pay electrical, gas, cable, etc. Each unit comes with a stove. -SCHOOLS- Top rated school district in the country; 10/10 South High school, 9/10 elementary and middle schools. -MAINTENANCE/UPDATES- Exceptionally Maintained throughout the years w/ a new roof in 2020, new dual pane windows & gutters throughout (2017), new sprinklers covering the entire lot (2017), water heater (2017), most individual fuse boxes are less than 10 years old, & exterior painting of entire building was completed in 2017. -LOCATION- Groceries, shopping, restaurants all within a 1 mile radius, 6 min drive to the Hollywood Riviera in Redondo Beach, 7 mins to the Pacific Ocean, 5 min drive to the Palos Verdes Peninsula & 25 mins to LAX airport. Centrally located in the heart of highly distinguished Walteria/South Torrance area & a rare opportunity to own a generational, top tier property!
- Listed by Brok Butcher • DRE #01880217 • Brokerage DRE #02017386 • Butcher Realty • 310 710-6387
Property Details for 23870 Los Codona Avenue
Parking Spaces Total
18
Private PoolNo
Total Units18.0
Building TypeAttached
Lot Size SourceAssessor
Living Area11738
Assessor Parcel Number7378-008-080
Property Attached YNtrue
LISTING UPDATED: 11/06/2024 03:14 AM
Property Details for 23870 Los Codona Avenue
Status | Closed |
---|---|
MLS # | PV24169147 |
Days on Market | 58 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1964 |
Lot Size | 0.40 AC / 17,440 SF |
County | Los Angeles County |
Building Information for 23870 Los Codona Avenue
Stories2Residences-Year Built1964Building Size-Lot Size0.40 AC / 17,440 SF
Property Information for 23870 Los Codona Avenue
Property History for 23870 Los Codona Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 23870 Los Codona Avenue
Taxable ValueLand$124,960Additions$412,155Total$537,115
Tax Record2024$9,655 ($805 / month)
Home Facts
Total Finished SqFt11,738 SqFtAbove Grade Finished SqFt11,738 SqFtLot Size17,436 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningTORR-MHCountyLOS ANGELESAPN7378-008-080
Schools near 23870 Los Codona Avenue
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 |
---|---|---|
Joseph Arnold Elementary School PublicK to 5 | ||
Calle Mayor Middle School Public6 to 8 | ||
South 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.