1131 Sepulveda Boulevard , N104

    Torrance, CA 90502
    • $415,000
    • STATUS: Active
    • ON SITE: 75 days
    • ID#: PV19080662
    Price Reduced
    UPDATED: 98 min ago
    $415,000
    • 0
      BEDS
    • 5.47
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,065
      SQFT
    • $390
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Ratings & Info

    Description

    EXCELLENT RENTAL PROPERTY. This is an ideal situation for the first-time real estate investor as the property has very low maintenance needs. The Homeowner Association covers all exterior expenses. HOA Fees are a low $359.05 per month (Gardener, water, hot water, trash pickup, sewer and Earthquake insurance are included in HOA Fees). Conveniently located near restaurants, shopping and public transportation. Freeway access is only minutes away. FHA and VA approved Complex. ACTUAL ANNUAL GSI IS $30,000.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-25T00:36:54.86. 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. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/93559315

    1131 Sepulveda Boulevard , N104 Torrance, CA 90502

    • Price: $415,000
    • Status: Active
    • Updated: 98 min ago
    • ID#: PV19080662
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5.47
    Acres
    1,065
    SQFT
    $390
    $/SQFT
    1973
    Built
    Neighborhood:
    123 - County Strip
    County:
    Los Angeles
    Area:
    123 - County Strip
    Property Description
    EXCELLENT RENTAL PROPERTY. This is an ideal situation for the first-time real estate investor as the property has very low maintenance needs. The Homeowner Association covers all exterior expenses. HOA Fees are a low $359.05 per month (Gardener, water, hot water, trash pickup, sewer and Earthquake insurance are included in HOA Fees). Conveniently located near restaurants, shopping and public transportation. Freeway access is only minutes away. FHA and VA approved Complex. ACTUAL ANNUAL GSI IS $30,000.
    Exterior Features

    Carport Spaces 1.00 Garage Spaces 0.00 Lot Features Lot Over 40000 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Total 3.00 Pool Features AssociationHeated Pool Private YN No Property Attached YN Yes View Neighborhood View YN Yes

    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 2+ Common WallsEnd Unit Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Baseboard Heating YN Yes Laundry Features Community Levels One Room Type All Bedrooms DownKitchenLiving RoomMaster BathroomMaster Bedroom

    Property Features

    Additional Parcels YN No Association Amenities PoolSaunaBarbecueOutdoor Cooking AreaPicnic AreaGym/Ex RoomClubhouseBanquet FacilitiesMeeting RoomEarthquake InsuranceGasInsuranceMaintenance GroundsTrashSewerWaterPet RulesPets PermittedWeight LimitControlled AccessHot Water Association Fee 359.00 Association Fee Frequency Monthly Association YN Yes Building Area Units Square Feet Cap Rate 4.50 Community Features CurbsSidewalks Country Us Elevation Units Feet Gross Income 30000.00 Gross Multiplier 13.97 Gross Operating Income 29250.00 Gross Scheduled Income 30000.00 Insurance Expense 780.00 Land Lease YN No Laundry YN Yes Licenses Expense 0.00 Net Operating Income 18883.00 New Construction YN No New Taxes Expense 5279.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 10367.00 Other Expense 4308.00 Other Expense Description Hoa Fee Pest Control Expense 0.00 Pool Expense 0.00 Professional Management Expense 0.00 Property Sub Type Condominium Rent Control YN No Senior Community YN No Sewer Public SewerSewer Paid Special Listing Conditions Standard Supplies Expense 0.00 Total Expenses 10367.00 Trash Expense 0.00 Vacancy Allowance 750 Vacancy Allowance Rate 2.50 Water Sewer Expense 0.00 Water Source Public Workmans Compensation Expense 0.00 Year Built Source Public Records Zoning Lcrpd500028u*

    Listing provided courtesy of Lawrence Yore of Re/Max Estate Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-25T00:36:54.86. 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. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
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    Encinitas CA, 92024