4208 Pacific Coast Highway

Torrance, CA 90505

$1,660,000
Last Sold Price
—
Beds
3,240 Sq. Ft.
$512 / Sq. Ft.
3,240
Sq. Ft.
$512
per Sq. Ft.

Description

Why rent when you can OWN! A rare investment opportunity that is 1031-EXCHANGE ELIGIBLE from RESIDENTIAL PROPERTY. Spanning 3,240 square feet across four units on an 11,690-square-foot lot, this single-level property boasts high visibility and traffic flow. Situated within the bustling Vista Plaza Shopping Center, it appeals to both investors and potential owner-users. Over 51% of the property will be delivered vacant, making it eligible for SBA FINANCING, which allows you to put as little as 10%...Why rent when you can OWN! A rare investment opportunity that is 1031-EXCHANGE ELIGIBLE from RESIDENTIAL PROPERTY. Spanning 3,240 square feet across four units on an 11,690-square-foot lot, this single-level property boasts high visibility and traffic flow. Situated within the bustling Vista Plaza Shopping Center, it appeals to both investors and potential owner-users. Over 51% of the property will be delivered vacant, making it eligible for SBA FINANCING, which allows you to put as little as 10% down. The location is strategically positioned along the iconic Pacific Coast Highway, offering exceptional visibility and accessibility within South Torrance, a coastal city that's highly attractive to businesses and residents due to its proximity to major urban centers like Los Angeles and Orange County.
  1. Listed by Soon "Junji" Choi • DRE #02015477 • Brokerage DRE #01804169 • Great Castle Properties
  2. Listed by William Chiang • DRE #01804169 • Brokerage DRE #01804169 • Great Castle Properties

Property Details for 4208 Pacific Coast Highway

Zoning
TOCC-GEN
Parcel Number
7532008015
Total Units
4.0
Living Area
3240
Source Living Area
Vendor Enhanced
Area
Hollywood Riviera (128)
Vacancy Rate
51%
Lot Size Area
11690
LISTING UPDATED: 11/07/2024 05:14 PM

Property Details for 4208 Pacific Coast Highway

StatusSold
MLS #24-415987
Days on Market110
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1972
Lot Size0.27 AC / 11,690 SF
CountyLos Angeles County

Building Information for 4208 Pacific Coast Highway

Stories-Residences-Year Built1972Building Size-Lot Size0.27 AC / 11,690 SF

Property Information for 4208 Pacific Coast Highway

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 1
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $127,248
  • Net Operating Income: $127,248.00
  • Gross Income: $127,248
  • Gross Rent Multiplier: $16.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2684
  • Lot Size Square Feet: 11690
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 10
  • Parking Features: None
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-19-2024
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $680,847.00
  • Assessed Improvement Percent: 38.84
  • Assessed Land Value: $1,072,201.00
  • Assessed Land Percent: 61.16
  • Assessed Total Value: $1,753,048.00

Property History for 4208 Pacific Coast Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4208 Pacific Coast Highway

Taxable ValueLand$1,093,645Additions$694,463Total$1,788,108
Tax Record2024$21,199 ($1,767 / month)
Home Facts
Total Finished SqFt3,240 SqFtAbove Grade Finished SqFt3,240 SqFtStories1Lot Size11,705 SqFtStyleShopping CenterYear Built1972ZoningTOCC-GENCountyLOS ANGELESAPN7532-008-015

Schools near 4208 Pacific Coast Highway

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 - 9 to 12
Rating
School
Distance
Riviera Elementary School
PublicK to 5

Edward J. Richardson Middle School
Public6 to 8

South High School
Public9 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

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Similar Sold Homes

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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 Great Castle Properties, Soon "Junji" Choi, DRE #02015477; Great Castle Properties, William Chiang, DRE #01804169

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.