- N/A BR
- 0 BA
- N/A SqFt.
- 278,386 Lot
- $2,750,811
- Pending
Description
Attractive assumable financing, subject to lender approval, available w/ Chase Bank at a 3.97% interest rate, interest only until March 2027 & fixed rate until March 2029!
16195 Yukon Ave is a turnkey 8-Unit situated in a prime pocket of NW Torrance w/ over 10% rental upside. The property boasts (8) 2-bed/1-bath units, 7 carport spots, and 1 garage space. (4) of the units are equipped with spacious private patios and (1) unit in the back features an upstairs balcony.
The 7,224 SF building sits on a 10,001 SF lot priced at $483/SF and $436,875 per unit. Offered at a cap rate of 4.13%, the building is currently generating over $19,000+ per month.
The building is newly renovated and recent capital improvements include: New Roof, Windows, Front Doors & Wood Siding, Improved Landscaping, New Exterior Paint & Copper Plumbing, New Cabinets, Grey Quartz Countertops, Smooth Interior Ceilings, Wood Laminate Flooring, Stainless Steel Appliances, Recessed Lighting, New Bathroom Tile & Interior doors.
The property is strategically located in a great pocket of 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.
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Property Details for 16915 Yukon Avenue
Listing Details
- Listing Advertised By
- Dave Fratello, Edge(310) 243-6299|
|
- Listing Presented By
- Brett Lyon
- Listing Brokered By
- Lyon Stahl Investment Real Estate, Inc.
- Type
- Residential Income, Mixed Use
- Year Built
- 1958 (Assessor)
- MLS Area
- 132 - N Torrance - West
Price and MLS Information
- Status
- Closed | Listing History
- MLS Days on Mkt.
- 49 DOM
- Combined DOM*
- 49
- First Date Active
- October 9th, 2023
- Closing Date
- January 19th, 2024
- Sold Price
- $3,470,000
- Orig. List Price
- $3,995,000
- MLS® #
- SB23188128
- APN
- 4087007008
- Special
- Standard
Home Interior Information
- Appliances
- Dishwasher, Gas Oven, Microwave
- Fireplaces
- None
Room Information
- Laundry
- WasherHookup, GasDryerHookup
Exterior Information
- Lot Description
- 6-10 Units/Acre
- Lot Size (sq. ft.)
- 10,001
- Lot Size (acres)
- 0.23
- Pool
- None
- Parking Spaces
- 8
- Garage Spaces
- 1
Utilities Information
- Water Source
- Public
Additional Information
- Zoning
- TORR-MH
- Buyer's Brokerage Fee
- 2.000
- Co-Agent
- Woody Stahl
- Co-Agent Office
- Lyon Stahl Investment Real Est
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
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Neighborhood Information
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Listing/Price History
16915 Yukon Avenue, Torrance, (MLS® #SB23188128)
| Date | Details | Price | Change |
|---|---|---|---|
| Closed | $3,470,000 | – | |
| Pending | – | – | |
| Price Reduced (from $3,575,000) | $3,495,000 | $80,000 (2.24%) | |
| Active | – | – | |
| Pending (from Active) | – | – | |
| Show More (2) | |||
| Price Reduced | $3,575,000 | $420,000 (10.51%) | |
| First Day Active | $3,995,000 | – | |
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Listing Summary
Quick Summary of 16915 Yukon Avenue: This home in Torrance is priced at $3,495,000 . The Mixed Use residence was originally built in 1958 and was listed on October 9th, 2023 at $3,995,000, showing 49 Days on Market currently. Contact Dave Fratello today for more information or to go see 16915 Yukon Avenue.
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Based on information from California Regional Multiple Listing Service, Inc. as of April 30th, 2024 at 2:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
