3536 Garnet Street, Torrance, CA 90503
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
3536 Garnet Street,Torrance, CA 90503
$4,400,000
- 3 Beds
- 18 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:edgard asensio
Office:asensio property management inc
MLS#:SB25162583
Source:San Diego MLS via CRMLS
Price summary
- Price:$4,400,000
About this home
This is a multifamily property consist of 18 units, centrally located in a prime area near Torrance City Hall, Del Amo Mall, and the Torrance Financial District. The property is located in a desirable residential neighborhood, with surrounding streets lined with well-maintained family residences and multifamily properties, adding to the overall appeal and long-term investment stability of the area. The property features carport parking and a large parking area, providing convenience for residents. There is a tremendous value-add opportunity for investors to renovate the units and bring rental rates to market levels, creating the potential to accelerate appreciation and increase cash flow in this high-demand location.A strategic opportunity for portfolio growth through a value-add multifamily asset. The unit mix consists of 5 studios, 12 one-bedroom units, and 1 two-bedroom unit. In addition, the building features leased laundry machines conveniently located on the first floor, offering residents easy access to laundry facilities while providing supplemental income to ownership and contributing to increased net operating income (NOI). By upgrading and renting the units at market rates, along with implementing operational improvements like laundry income, investors will improve the property's NOI, resulting in a higher capitalization rate (cap rate) and increased property valuation over time.
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Home facts
- Listing ID #:SB25162583
- Added:65 day(s) ago
- Updated:September 29, 2025 at 07:35 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:18
Finances and disclosures
- Price:$4,400,000
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