Newly renovated and converted from commercial to residential. Beautiful landscaping. Excellent and convenient location in the center of City of Torrance. In walking distance to the City of Torrance. Near del amo Shopping Center. Renting for $4,500 per month for each unit (downstairs and upstairs respectively). Owner pays for the water. Lease for 2 years. 5% of rent increase for the second year. No smoking inside the building. All appliances are new. The tenant is required to keep the residence in good condition. Or if not, the tenant is required to pay the repair for the first $1,000. Tenant is to pay the first month rent and deposit before moving in. Thereafter the monthly rent is to pay on the first with grace period of 5 days. Otherwise the late fee of 10% of additional rent is required. If the tenant or owner intends to discontinue the 2-year lease, he or she is required to send notice one month ahead.
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