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1751 MARTINA AVE
TORRANCE, CA 90501
Asking Price
$2.40M
Cap Rate
4.54%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Rare Seven Units in Old Torrance! <p>Great investment opportunity in Old Torrance. Seven units with a good mix. Corner lot with seven one-car garages. Four off the alley. Three garages off Martina Ave. Three-car wide driveway. Front three-bedroom house originally built in 1949. Six other units built in 1962. Low rents, lots of upside potential income converting garages to ADU's. Great area with-in walking distance of the Downtown Torrance Business District, six parks, public transportation and major home and grocery sho
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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.68%
Monthly Payment
$11,873.891
Annual Cash Flow
$-62,486.686
