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listing
1 of 64
Residential IncomeFor Sale
$7,995,000
17302 Ermanita Avenue
Torrance, CA 90504
Listed by Brett Lyon DRE#01717818 [email protected] Lyon Stahl Investment Real Estate, Inc.
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$41,369/mo

17302 Ermanita Ave is a turnkey 17-Unit situated in a prime pocket of NW Torrance. The property consists of (1) 2-bed/2-bath unit, (5) 2-Bed/1-Bath, (7) 1-Bed/1-Bath, and (4) Studio Units – with a strong in-place income of over $46K/Mo. The 11,695 SF building sits on a massive 29,992 SF lot and features a BBQ & fire pit area for tenants to enjoy – on top of the pristine quality of the units that are fully equipped with a washer, dryer and AC. The whole building is newly renovated and recent capital improvements to the exterior include: New Roof, Windows, Front Doors & Wood Siding, Improved Landscaping, New Exterior Paint, Copper Plumbing, New Electrical & Drain Lines. The interior is dressed with top-of-the-line renovations including: New Cabinets, Carrara Style Countertops, Smooth Interior Ceilings, Wood Laminate Flooring, Stainless Steel Appliances, Recessed Lighting, New Bathroom Tile & Interior doors. The property is strategically located on a quiet street in Northwest Torrance – in close proximity to Alondra Park Golf Course, El Camino College, and the South Bay Galleria. With its sizable living space, desirable location, and impressive income, this property is a great opportunity for any investor looking for a cash-flowing prize asset. *Available with Assumable Financing @ 5.25% interest Rate. $3.9M of the Loan is Assumable - Subject to Buyer Qualification. IO Until March 2025, Fixed Rate until Feb 2033

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Information courtesy of Lyon Stahl Investment Real Estate, Inc. is subject to verification and is not guaranteed.
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