24065 Ocean Avenue, Torrance, CA 90505 – CRSB24247906

Listed by Theodore Gardner • Gardner
Bought with John Katnik • BRC Advisors- BH

$18,000,000

$17,999,999

Est. payment - /mo

48,156 SqFt

UPDATED:

Key Details

Sold Price $18,000,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 48,156 sqft

Price per Sqft $373

MLS Listing ID CRSB24247906

Sold Date 02/20/25

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1962

Lot Size 1.272 Acres

Property Sub-Type Other

Property Description

**Rare Opportunity: Prime Multi-Family Investment Property in Torrance!** For the first time in nearly 40 years, "Ocean House," a meticulously maintained 54-unit property, is available in Torranceâ€™s most desirable neighborhood. This property offers exceptional amenities, including a solar-heated swimming pool surrounded by lush landscaping, serene interior gardens, and updated on-site laundry facilities, delivering both comfort and convenience for residents. The thoughtfully designed unit mix features one-bedroom units and two-bedroom units, catering to a wide range of renters and budgets. Located in South Torrance, Ocean House offers proximity to pristine beaches, shopping, dining, parks, top-rated schools, and major transportation routes, combining the convenience of urban living with the tranquility of a suburban setting. The property has been meticulously maintained, with a new roof installed in May 2023, reflecting its excellent upkeep and attention to detail. **Disclaimer:** The information provided is subject to change.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Other

Building

Lot Description Corner Lot, Level, Other

Water Public

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Broker | License ID: 01405369

Broker License ID: 01405369

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24065 Ocean Avenue Torrance, CA 90505

Key Details

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