1751 Cabrillo Avenue

Torrance, CA 90501

$3,230,000
Last Sold Price
14
Beds
12
Baths
6,953 Sq. Ft.
$465 / Sq. Ft.
6,953
Sq. Ft.
$465
per Sq. Ft.

Description

9 units in highly desirable Old Town Torrance - a cute town within a town. Very little annually brokerage velocity in Old Town as owners tend to hold for generations. A unique opportunity, to be sure. Breweries, restaurants, local retail up-and-down all of the surrounding blocks. One of the most walkable locations in Greater LA. Newer, dual-pane windows and most units extensively renovated with quartz surfaces, hardwood, subway tile, & shaker cabinetry. The front 2 Bed unit enjoys a large, gated,...9 units in highly desirable Old Town Torrance - a cute town within a town. Very little annually brokerage velocity in Old Town as owners tend to hold for generations. A unique opportunity, to be sure. Breweries, restaurants, local retail up-and-down all of the surrounding blocks. One of the most walkable locations in Greater LA. Newer, dual-pane windows and most units extensively renovated with quartz surfaces, hardwood, subway tile, & shaker cabinetry. The front 2 Bed unit enjoys a large, gated, grassy yard. Fully-secured access, on-site laundry & lots of garage parking. Tenants enjoy a quiet, suburban lifestyle with amenities in all directions, while maintaining easy access to the 110 Fwy and major employers (i.e. Honda HQ, Chevron, Harbor UCLA Hospital, Del Amo Mall and the Port of LA).
  1. Listed by Brice Head • DRE #01330706 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 1751 Cabrillo Avenue

Zoning
TOCR-MD
Parcel Number
7357017014
Total Units
9.0
Living Area
6953
Source Living Area
Assessor
Area
Old Torrance (134)
Vacancy Rate
3%
Lot Size Area
8022

Location

Listing Courtesy of Marcus & Millichap, Brice Head, DRE #01330706

Sold By Kape Property Management, Inc., Noam Srolovitz, DRE #02069623

Add your commute
LISTING UPDATED: 02/28/2022 03:57 PM

Property Details for 1751 Cabrillo Avenue

StatusSold
MLS #21-732144
Days on Market137
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.18 AC / 8,022 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Brice Head, DRE #01330706

Sold By Kape Property Management, Inc., Noam Srolovitz, DRE #02069623

Add your commute

Building Information for 1751 Cabrillo Avenue

Stories2Residences-Year Built1964Building Size-Lot Size0.18 AC / 8,022 SF

Payment Calculator

$20,849 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,627

Property Taxes

$3,222

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1751 Cabrillo Avenue

Community / Development
Community / Development
  • Number Of Units: 9
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $202,720
  • Net Operating Income: $132,605.00
  • Gross Income: $198,960
  • Cap Rate: 3.79%
  • Gross Rent Multiplier: $17.26
  • Vacancy Allow Dollar: $5,969.00
  • Total Annual Expense: 64146
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1842
  • Lot Size Square Feet: 8022
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 9
  • Parking Features: Garage
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-14-2021
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,295.00
  • Unit Actual Rent: $2,295.00
  • Unit Projected Rent: $2,295.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,685.00
  • Unit Actual Rent: $1,685.00
  • Unit Projected Rent: $1,895.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $1,800.00
  • Unit Projected Rent: $1,895.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,150.00
  • Unit Actual Rent: $2,150.00
  • Unit Projected Rent: $2,295.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,885.00
  • Unit Actual Rent: $1,885.00
  • Unit Projected Rent: $2,295.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,545.00
  • Unit Actual Rent: $1,545.00
  • Unit Projected Rent: $1,895.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,685.00
  • Unit Actual Rent: $1,685.00
  • Unit Projected Rent: $1,895.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,700.00
  • Unit Actual Rent: $1,700.00
  • Unit Projected Rent: $2,295.00
  • Like Units: 1
Unit 9 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,835.00
  • Unit Actual Rent: $1,835.00
  • Unit Projected Rent: $1,950.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Land Percent: 66.67
  • Assessed Total Value: $1,378,199.00

Property History for 1751 Cabrillo Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1751 Cabrillo Avenue

Taxable ValueLand$1,020,000Additions$2,274,600Total$3,294,600
Tax Record2023$38,669 ($3,222 / month)
Home Facts
Total Finished SqFt6,953 SqFtAbove Grade Finished SqFt6,953 SqFtLot Size8,022 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningTOCR-MDCountyLOS ANGELESAPN7357-017-014

Schools near 1751 Cabrillo Avenue

This home is within Torrance Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Torrance Elementary School
PublicK to 5

J. H. Hull Middle School
Public6 to 8

Torrance High School
Public9 to 12

Gene Drevno Community Day School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Brice Head, DRE #01330706

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.