tomo logo

$3,180,000

Beds
9
sq ft
4,888

17901 Crenshaw Blvd, Torrance, CA 90504

17901 Crenshaw Blvd

Torrance, CA 90504

  • 120 days on market
    • Price drop $15,000↓
We are pleased to present this turnkey 7-unit apartment community located in the heart of North Torrance. This asset includes six (6) 1-Bed/1-Bath units and one (1) 3-bed/ 2-bath unit. The entire property has been professionally designed, upgraded and permitted, including complete replacements of the electrical, plumbing and sewer systems, HVAC, kitchens & bathrooms, windows, tile, etc. Front unit enjoys a large fenced in yard with a beautiful lawn and new patio, and the 3-bedroom includes washer-dryer as well (other units share a laundry room = extra income!). All units are occupied by well-qualified, long-term tenants. 4 on-site parking spaces and plenty of street parking. NO LOCAL RENT CONTROL - subject only to AB 1482.

Details

Property type

Est. home value

$1,522,719

Lot size

5,535 sq ft

Price per sq ft

$651

Year built

1958

HOA

No

Price History

10/30/2024
CLAW

CLAW #24428373

Price change
$3,180,000
-0.47%
09/19/2024
CLAW

CLAW #24428373

Price change
$3,195,000
-0.16%
08/21/2024
CLAW

CLAW #24428373

Listed
$3,200,000
+120.69%

Schools & Community

Neighborhood: 

Northwest Torrance

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Howard And Jacqueline Banchik Trust

Loan start date

March 2023

Original loan amount

$1,050,000

Est. remaining balance

Not provided

Interest rate

6.33%

Loan type

Commercial

Seller

Crenshaw Hill Llc and Crenshaw Nomo Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 5:35 AM

Listing updated: 12/05/2024 at 3:10 AM

Listed by: Noam Srolovitz, Kape Property Management, Inc. Phone #: (310) 912-7808

MLS: CLAW #24428373

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