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Listed by Steven Bogoyevac, DRE #01332755 • Steven M. Bogoyevac, Broker
$ 975,000
Est. payment /mo
Active
20414 Kenwood Torrance, CA 90502
7,642 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26130010
Year Built 1925
Lot Size 7,642 Sqft
Source California Regional MLS
Property Description
20414 Kenwood is an excellent acquisition opportunity for any investor seeking both short and long-term upside potential in the desirable inland South Bay rental market. Current rents present 30 percent rental upside, and the property's underutilized corner lot may offer the potential to develop five one-bedroom ADU's, effectively doubling the property's unit count and massively growing income potential (buyer to verify). 20414 Kenwood Avenue currently consists of three single-story buildings with a diverse mix of three studios, one one-bed/one-bath and one two-bed/one-bath unit. The fenced lot features yard and patio space, as well as two parking spaces, and the rear section of the lot is undeveloped. The property has been well-maintained and boasts new siding, windows, and doors. A new investor could explore adding laundry facilities to further increase tenant demand and income potential. The property is located in the Harbor-Gateway area of Torrance and considered part of unincorporated Los Angeles County. This location is conveniently near freeways, major employers, and retailers, with easy access to beach cities; within just one mile tenants can access the 110 and 405 Freeways, Harbor-UCLA Medical Center (major employer), and Carson Towne Center. This area retains a st
Location
State CA
County Los Angeles
Area 122 - Harbor Gateway
Interior
Laundry None
Exterior
Garage Spaces 2.0
Pool None
Building
Water District - Public
Others
Tax ID 7350013035
Special Listing Condition Not Applicable
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