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1751 Cabrillo Avenue

Torrance, 90501

18 Bd
16 Ba
8,566 Sqft
8,022 Lot
$4,810,000 SOLD Price | Closed 8/31/23
Closed Status
30 Days on Market
May 31 First Day Active
$5,195,000 Start Price

Description

We are pleased to present this 11 unit apartment community located in the center of the vibrant Old Town Torrance neighborhood. This asset is comprised of an attractive unit mix, including one 3-Bed/2-Bath, four 2-Bed/2-Bath, one 2-Bed/1-Bath & five 1- Bed/1-Bath. Unit J (1 Bed) and Unit K (3 Bed/2 Bath) are brand new ADU professionally designed apartments, fully permitted. Unit J is leased at $2,550/month and Unit K is currently vacant and ready to lease (application pending at $3,700/month). No other vacancies - these apartments lease FAST. Over the past 2 years, the building, common areas and units have been substantially upgraded (plumbing and drain lines, electrical, windows (some), exterior paint and repairs, upgraded lighting, new mailboxes, etc.), and only 2 units have not yet been remodeled. Extremely walkable neighborhood, with restaurants, markets, breweries and local retail up-and-down surrounding blocks. NO LOCAL RENT CONTROL - subject only to AB 1482.

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Property Details for 1751 Cabrillo Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Noam Srolovitz
Listing Brokered By
Kape Property Management, Inc.
Type
Residential Income
Year Built
1964
MLS Area
134 - Old Torrance

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
30 DOM
First Date Active
May 31st, 2023
Closing Date
August 31st, 2023
Sold Price
$4,810,000
Sold PPSF
$562
Orig. List Price
$5,195,000
MLS® #
23275022
APN
7357017014
Special
Standard

Home Interior Information

Levels/Stories
Multi/Split
Bedrooms
18
Total Baths
16
Int. Sqft.
8,566
Heating
Wall Furnace
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Int. Features
Ceiling Fan(s)

Room Information

Laundry
Stacked

Exterior Information

Lot Size (sq. ft.)
8,022
Lot Size (acres)
0.18
Parking Spaces
6

Additional Information

Zoning
TOCR-MD
Buyer's Brokerage Fee
2.000
Co-Agent
Benjamin Lester
Co-Agent Office
Kape Property Management, Inc.

* 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

MLS Area
134 - Old Torrance
City/State
Torrance
Zip Code
90501
County
Los Angeles
# of Units
11
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Listing/Price History

1751 Cabrillo Avenue, Torrance, (MLS® #23275022)

Date Details Price Change
Closed $4,810,000
Active Under Contract (from Active)
First Day Active $5,195,000
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Listing Summary

Quick Summary of 1751 Cabrillo Avenue: This 18 Bedroom/16 Bathroom home in Torrance is priced at $5,195,000 ($606/PSF) . The 8,566 sqft. residence was originally built in 1964 and was listed on May 31st, 2023 at $5,195,000, showing 30 Days on Market currently. Contact Dave Fratello today for more information or to go see 1751 Cabrillo Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 30th, 2024 at 2:40am 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.