20701-20703 Kenwood Avenue

    Torrance, CA 90502
    • $830,000
    • STATUS: Active
    • ON SITE: 41 days
    • ID#: SB19189864
    UPDATED: 141 min ago
    $830,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,688
      SQFT
    • $309
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    20701 & 20703 Kenwood Avenue is a charming English Tudor style duplex in the highly sought after South Bay City of Torrance (Unincorporated LA County). The two units are detached into separate homes with front and back entrances. The units have been restored and beautifully maintained by current owner and are both tenant occupied.20701 is the back unit and is a two bedroom and one bath and currently rents for $2,000. The unit has open tandem parking for two vehicles in front on driveway. Tenant enjoys a large kitchen, living room, dining room, and laundry room. Unit measures 1,080 square feet per assessor.20703 is the front unit and has three bedrooms and one and a half bath and is currently rented for $2,573. There is a covered carport behind the unit for one vehicle. This unit has large living room and dining room, kitchen and laundry room with built in hallway cabinets. Unit measures 1,608 square feet per assessor.The front yard has been converted to drought tolerant landscaping with soaking irrigation in place.Tenants enjoy convenient access to public transportation and the 110, 405, and 91 freeway system. This location is close to UCLA Hospital, Cal State Dominguez Hills, the South Bay Shopping Pavilion, and major employers in the area.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-19T00:39:49.937. 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 deemed reliable but is not guaranteed accurate by the MLS or Fred Sed Realty - Keller Williams. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/97755973

    20701-20703 Kenwood Avenue Torrance, CA 90502

    • Price: $830,000
    • Status: Active
    • Updated: 141 min ago
    • ID#: SB19189864
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    2,688
    SQFT
    $309
    $/SQFT
    1922
    Built
    Neighborhood:
    123 - County Strip
    County:
    Los Angeles
    Area:
    123 - County Strip
    Property Description
    20701 & 20703 Kenwood Avenue is a charming English Tudor style duplex in the highly sought after South Bay City of Torrance (Unincorporated LA County). The two units are detached into separate homes with front and back entrances. The units have been restored and beautifully maintained by current owner and are both tenant occupied.20701 is the back unit and is a two bedroom and one bath and currently rents for $2,000. The unit has open tandem parking for two vehicles in front on driveway. Tenant enjoys a large kitchen, living room, dining room, and laundry room. Unit measures 1,080 square feet per assessor.20703 is the front unit and has three bedrooms and one and a half bath and is currently rented for $2,573. There is a covered carport behind the unit for one vehicle. This unit has large living room and dining room, kitchen and laundry room with built in hallway cabinets. Unit measures 1,608 square feet per assessor.The front yard has been converted to drought tolerant landscaping with soaking irrigation in place.Tenants enjoy convenient access to public transportation and the 110, 405, and 91 freeway system. This location is close to UCLA Hospital, Cal State Dominguez Hills, the South Bay Shopping Pavilion, and major employers in the area.
    Exterior Features

    Carport Spaces 1.00 Garage Spaces 0.00 Lot Features Front YardLandscapedIrregular Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 3.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Individual RoomInside Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.53 Community Features CurbsGuttersSidewalksStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 54876.00 Gross Multiplier 15.13 Gross Operating Income 53230.00 Gross Scheduled Income 54876.00 Insurance Expense 1500.00 Land Lease YN No Laundry YN Yes Net Operating Income 37602.00 New Construction YN No New Taxes Expense 9728.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 15628.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 4573.00 Total Expenses 15855.00 Trash Expense 0.00 Vacancy Allowance 1646 Vacancy Allowance Rate 3.00 Water Sewer Expense 600.00 Water Source Public Year Built Source Assessor Zoning Lcr2*

    Listing provided courtesy of Stephen Lampe of Re/Max Commercial & Investment


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-19T00:39:49.937. 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 deemed reliable but is not guaranteed accurate by the MLS or Fred Sed Realty - Keller Williams. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604