775 Portola Avenue, Torrance, California 90501
- Residential Income Property Type
- 2 Days Time on market
- 1957 Year Built
775 Portola Ave is an amazing opportunity to own six
units offered at only $282k/unit. The subject property
has over 50% upside in rental income. Whether you are
long term or a value-add investor, the subject
property is the perfect assets to help achieve your
investment goals.
775 Portola Ave features a unit mix of (6) 1-Bed/1-Bath
– each unit features 2 parking space (1 garage and 1
tandem), as well as washer/dyer hookups. Once fully
rented for market and ADU is constructed ($300k), the property
will operate at a 8.61% CAP and 7.64 GRM.
This investment is located near Old Torrance- one of
the more desirable pockets in Torrance. There are
many shops and restaurants close by, as well as Del
Amo Shopping Center. One of the highlights of
Torrance is its excellent education system. The city is
home to several top-rated public and private schools,
providing residents with quality education options for
their children.
