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24065 Ocean AVE Torrance, CA 90505
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Key Details
Sold Price $18,000,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24247906
Sold Date 02/20/25
HOA Y/N No
Year Built 1962
Lot Size 1.272 Acres
Property Sub-Type Apartment
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
Area 125 - Walteria
Zoning TOCR-MH
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned, Controlled Entrance
Garage Spaces 2.0
Carport Spaces 52
Garage Description 2.0
Pool Community, Fenced, In Ground
Community Features Park, Pool
Total Parking Spaces 54
Private Pool No
Building
Lot Description Corner Lot, Lot Over 40000 Sqft, Landscaped, Level, Near Park
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7534006018
Energy Description 17619.0
Acceptable Financing Contract
Listing Terms Contract
Financing Assumed
Special Listing Condition Standard, Trust
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Bought with John Katnik • BRC Advisors- BH
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Chrystal & David Schoenbrun
Realtor/Broker Associate | License ID: 01409474 & 01761327