24065 Ocean Avenue

Torrance, CA 90505

$17,999,999

List Price

N/A

bed Beds

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shower Baths

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1962

calendar_month Built

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 Torrance’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.

Listing Information

List Price $17,999,999
Status Active
MLS SB24247906
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1962
Lot Size 55,418
Structure Size N/A
Courtesy Of Gardner
Listing Agent Theodore Gardner DRE#00328734

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Theodore Gardner, Gardner 310-377-9571. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 11th, 2024 at 9:46 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.