We are proud to present a unique opportunity to acquire a fully renovated 6-unit apartment building in the heart of Old Town Torrance. Nearly new construction, every part of the property has been rebuilt from the bare studs, including all-new main systems and units. The property has undergone extensive capital improvements with current ownership spending about $2M to restore the property to brand new condition. The quality of construction is top notch and ownership left no stone unturned during the process. Originally constructed in 1930 as one of Torrance's first hotels, the property brings historic charm and modern convenience. The buildings feature brand new roofs, PEX plumbing, ABS sewer lines, brand new electrical, vinyl windows, central air conditioning/heat in 1913 and mini-split systems in 1915, new exterior paint, individual tankless water heaters, new decks/railings, solar panels for two units, new garage doors and new landscaping. All unit interiors have been completely gutted and the finishes include quartz countertops, custom white shaker cabinets, stainless steel appliances, luxury vinyl plank flooring, LED lighting, washer/dryers, new vanities, and custom tile showers. The property is composed of two structures. There is a front building which includes 4 units and the rear building that has the remaining 2 units. Each unit is unique, and all units feature either private yards/patios or private balconies. One unit even has a 120 sq ft basement. The back building has two upstairs units that sit on top of 4 single car garages. In between the two buildings lies a nice courtyard for tenants to enjoy. Located in the heart of Old Town Torrance, this property enjoys proximity to a plethora of amenities, including eclectic shops, trendy eateries, and cultural landmarks. With easy access to major transportation routes and close proximity to the beach, residents will relish in the convenience of urban living combined with coastal relaxation. With its prime location, upscale renovations, and desirable amenities, this apartment building presents a compelling investment opportunity. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking to enter the market, this property offers the potential for strong rental income and long-term appreciation.
This property is $2.8M more than the Median Sold Price and $104/SqFt more than other homes in Torrance, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24371797
Listing Office:
Office Name: BRC Advisors- BH
Listing Agent: John Katnik
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/27/2024, 12:55:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 24, 2015
Dec 24, 2015Home Sold
$713,000
Dec 09, 2013
Dec 09, 2013Home Sold
$718,611
Apr 30, 2012
Apr 30, 2012Home Sold
$195,000
Oct 14, 2005
Oct 14, 2005Home Sold
$885,000
Oct 20, 1995
Oct 20, 1995Home Sold
$230,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$10,300
$779,440
2020
$9,960
$771,448
2019
$9,668
$756,322
2018
$9,463
$741,493
2017
$9,463
$726,954
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Torrance Elementary School
2125 Lincoln Ave
Distance between this listing and this school0.49 miles
Public District Grades KG-5
Middle School
6
/10
J. H. Hull Middle School
2080 W 231st St
Distance between this listing and this school0.96 miles
Public District Grades 6-8
High School
8
/10
Torrance High School
2200 W Carson St
Distance between this listing and this school0.40 miles
Public District Grades 9-12
Assigned Schools
7
/10
Torrance Elementary School
2125 Lincoln Ave
Distance between this listing and this school0.49 miles
Public District Grades KG-5
Nearby Schools
7
/10
Halldale Elementary School
21514 Halldale Ave
Distance between this listing and this school0.83 miles
Public District Grades KG-5
7
/10
Fern Elementary School
1314 Fern Ave
Distance between this listing and this school1.09 miles
Public District Grades KG-5
Assigned Schools
6
/10
J. H. Hull Middle School
2080 W 231st St
Distance between this listing and this school0.96 miles
Public District Grades 6-8
Nearby Schools
6
/10
Stephen M. White Middle School
22102 Figueroa St
Distance between this listing and this school1.69 miles
Public District Grades 6-8
7
/10
Madrona Middle School
21364 Madrona Ave
Distance between this listing and this school1.75 miles
Public District Grades 6-8
Assigned Schools
8
/10
Torrance High School
2200 W Carson St
Distance between this listing and this school0.40 miles
Public District Grades 9-12
Nearby Schools
4
/10
Humanities and Arts (Harts) Academy of Los Angeles
24300 Western Ave
Distance between this listing and this school1.77 miles
Public District Grades 9-12
5
/10
Nathaniel Narbonne Senior High School
24300 Western Ave
Distance between this listing and this school1.77 miles
The neighbors living near this home have an average income of $70,367. The majority of Torrance, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1913 Cabrillo Ave
What is the listing price of this property?
The listing price of 1913 Cabrillo Ave property is $3,900,000.
What type of property is this?
The property 1913 Cabrillo Ave is a house located in Torrance, California, 90501.
Is this property for sale now?
Active Listing: 1913 Cabrillo Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1913 Cabrillo Ave are: Torrance Elementary School: GreatSchools Rating 7/10J. H. Hull Middle School: GreatSchools Rating 6/10Torrance High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $10,300 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 24, 2015 for $713,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1913 Cabrillo Ave has 9 bedrooms and 7 bathrooms.
What is the square footage of this property?
The property 1913 Cabrillo Ave is 4,982 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1913 Cabrillo Ave is 1930.
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This home is located at 1913 Cabrillo Ave in Torrance, CA and zip code 90501 in the South Bay neighborhood. This 4,982 square foot home, which was built in 1930, sits on a 0.14 acre lot. Features: 9 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $3,900,000.
While more than 52 listings in Torrance, CA in March 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 31 were sold below. The inventory of homes for sale in Torrance, CA between February 2024 and March 2024 increased by 6.6%. In March 2024, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $1,009,069.
From Rocket Homes Real Estate and based on county public records data.