Skip main navigation
Sold for $1,695,750
  • Listed by: Lyon Stahl Investment Real Estate, Inc. • Cameron Samimi • Contact: 310-425-9838
    Bought with: Lyon Stahl Investment Real Estate, Inc.
    $1,695,750

    775 Portola Ave, Torrance, CA 90501

    8beds
    8baths
    3,650sqft
    Multi Family
    Built in 1957
    -- sqft lot
    $1,644,300 Zestimate®
    $465/sqft
    $3,463 Estimated rent

    Home value

    $1,644,300

    $1.50M - $1.79M

    $3,463/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,463/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,463/mo

    Rent Zestimate®

    Refinance and save

    $10,869/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $10,869/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Private schoolsExcellent education system
    775 Portola Ave is an amazing opportunity to own six units offered at only $282k/unit. The subject property has over 50% upside in rental income. Whether you are long term or a value-add investor, the subject property is the perfect assets to help achieve your investment goals. 775 Portola Ave features a unit mix of (6) 1-Bed/1-Bath - each unit features 2 parking space (1 garage and 1 tandem), as well as washer/dyer hookups. Once fully rented for market and ADU is constructed ($300k), the property will operate at a 8.61% CAP and 7.64 GRM. This investment is located near Old Torrance- one of the more desirable pockets in Torrance. There are many shops and restaurants close by, as well as Del Amo Shopping Center. One of the highlights of Torrance is its excellent education system. The city is home to several top-rated public and private schools, providing residents with quality education options for their children.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cameron Samimi DRE #02035763 310-259-7556,

    Lyon Stahl Investment Real Estate, Inc.,

    Molly First DRE #02065583 310-913-2488,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Daniel Shieh, DRE #01978847

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SB24070404MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,650
    • Total interior livable area: 3,650 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage
    • Garage spaces: 6
    Features
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 5,600 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 7354005013
    • Zoning: TORR-MD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Urban
    Location
    • Region: Torrance

    Financial & listing details

    • Price per square foot: $465/sqft
    • Date on market: 4/10/2024
    • Cumulative days on market: 22 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange

    Price history

    DateEventPrice
    5/8/2024Sold$1,695,750+0%$465/sqft
    Source: CRMLS #SB24070404 Report a problem
    5/3/2024Contingent$1,695,000$464/sqft
    Source: CRMLS #SB24070404 Report a problem
    4/10/2024Listed for sale$1,695,000$464/sqft
    Source: CRMLS #SB24070404 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Olde Torrance

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,644,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,644,300