Property listed by Ingenious Asset Group, Inc., Vineendra Jain 310-331-8552
$4,500,000
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… Read More TOMC-CTR zoning, the property is located near the intersection of Torrance Boulevard and South Western Avenue. 8 mobile homes are rentals and 22 pad-owned units. 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. Buyer to review and acknowledge the attached seller disclosure regarding the subject sale. Read Less
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
1,553
Lot Size
1.15 Acres
Year Built
1947
MLS Number
26641303
Additional Details
Appliances & Equipment
GasRange, Microwave
Building
Built in 1947, Living area: 1553.0, Building faces East, Entry location: Living Room
Fireplaces
None
Floors
Tile, Vinyl, Wood
Home Owner's Association
Association Fee: $0
Interior Features
SeparateFormalDiningRoom
Laundry
CommonArea
Lot
1.151 acres, IrregularLot
Parking
Assigned, Driveway, OnStreet
Pets Policy
Allowed: Yes
Pool
None
Property
Fixer, RepairsCosmetic
Security Features
CarbonMonoxideDetectors, SmokeDetectors
Taxes
Parcel Number: 7355028003, Zoning: TOMC-CTR
Utilities
Water Source: Public
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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