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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

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Theodore Gardner • Gardner
Bought with JohnKatnik
Bought with JohnKatnik
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "