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1820 Torrance Boulevard

Torrance CA 90501

1553 sq. ft.
50138 sq. ft.
Other
Currently for sale - view listing

Overview

Trust Sale. NO Court Confirmation required. For sale AFTER 61 years! Great opportunity to own a 30-unit mobile home park in a prime location of central Torrance! Listed for below land value for the area. Excellent current income with great upside potential. Situated on an approx. 50,138 SF lot with M1 zoning, the property is located near the intersection of Torrance Boulevard and South Western Avenue. There are 5 mobile home renters and 25 mobile home owners. Three units (Units 21, 22, and 30) are occupied by family members of ex-manager of Ms. Dolores Stockton for free. Ownership of the subject three units has not been confirmed, as no documentation as to the ownership/leasing of the subject units have been found. Seller, and their agent(s)/representative(s) are not aware of, and disavows, any legal arrangement between the occupant(s) of the subject three units. Buyer is strongly advised to do their own due diligence and take any action it deems necessary. Bill back for utilities is being audited, as the owner's expense seems to be higher than what it should be. Sold AS IS and WHERE IS with all faults, and without warranty, express or implied and with current tenants and pad owners in place. Trustee is an independent fiduciary not related to the family. Buyer to conduct their own investigations.

Features

1553 sq. ft. floor area
50138 sq. ft. lot size
Other

Happy sellers in Torrance

94%
94% of sellers in Torrance reported that their sale price either exceeded or met their price expectations.

Torrance stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Torrance over the last 12 months.

Local market activity for other properties in Torrance

In the last 12 months, 34 other properties similar to 1820 Torrance Boulevard, have been sold.

This represents a 9% decrease in other properties sales when compared to the previous 12 months.

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