22704 MAPLE | TORRANCE, CA
Braun International is pleased to present the opportunity to acquire 22704 Maple Ave, a four-unit multifamily investment opportunity located in Torrance.
The property features 4,938 square feet of rentable area, situated on a 6,009-square foot lot. The four-unit building is composed of three (3) two-bedroom/one and one half-bathroom units and one (3 ) three-bedroom/two and one half bathroom units.
In addition to the buildings excellent unit mix, it has recently undergone renovations including new landscaping, roof and exterior paint. The property is situated just south and east of the new Del Amo Mall
This great location offers a tremendous amount of dining, shopping and entertainment destinations in close proximity to the property, while being within a short commute to major employment centers such as El Segundo, Long Beach, Century City, and Downtown Los Angeles making it one of the
strongest multifamily investment areas in the region. Due to the property’s premier location and great unit mix, This property offers a unique opportunity to any investor looking to acquire a turnkey apartment in in Los Angeles, California.
4 UNIT APARTMENT BUILDING
Excellent unit mix
Each unit has designated parking (most with garage)
Maple ave has excellent curb appeal
PRIME LOCATION
Homes prices in the 5 mile radius of the property can be over $1 million
Upside rent pricing opportunity
Some tenants month to month
APN – 7369-013-029
Site Description
Number of units 4
Number of buildings 1
Number of stories 2
Year built 1968
Gross square feet 4938
Lot size 6009
Type of ownership Fee Simple
Parking Garage for 3 units with alley acces
Covered parking for one unit
Utilities
Water Master metered
Electric separately metered
Gas separately metered
Construction
Foundation concrete
Framing Wood
Exterior Stucco
4938SF built in 1968
6009SF of land
5 separate garages and 1 exterior parking space
4 apartments
Gross Income $8375 per month $100,500 annually