Torrance, CA 90505,24065 Ocean Avenue
Torrance, CA 90505,24065 Ocean Avenue
Torrance, CA 90505,24065 Ocean Avenue
Torrance, CA 90505,24065 Ocean Avenue
Torrance, CA 90505,24065 Ocean Avenue
Torrance, CA 90505,24065 Ocean Avenue
Jesus Lopez Larios
Jesus Lopez Larios

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+1(916) 937-3241

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$ 18,000,000

$ 17,999,999

Est. payment | /mo

48,156 SqFt


$ 18,000,000

$ 17,999,999

Est. payment | /mo

48,156 SqFt

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

Year Built 1962

Lot Size 1.272 Acres

Acres 1.27

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 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.

Location

State CA

County Los Angeles

Zoning TOCR

Interior

Fireplace No

Laundry Other

Building

Lot Description Corner Lot, Level, Other

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 7534006018

Bridge MLS
Listed by Theodore Gardner • Gardner
Bought with JohnKatnik
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24065 Ocean Avenue