1820 Torrance Blvd, Torrance, CA 90501

$3,500,000
1,553
SqFt

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List Price
$3,500,000
MLS#
26107297
Year Built
1947
Living Sq. Ft
1,553
Lot Size
50,138
Lot Location
City, Flats
Days on Market
3
Property Type
Manufactured Home

Property Description

Trust Sale. NO Court Confirmation required. For sale AFTER 61 years! Great opportunity to own a 30-unit mobile home park in a prime location of central Torrance! Listed for below land value for the area. Excellent current income with great upside potential. Situated on an approx. 50,138 SF lot with M1 zoning, the property is located near the intersection of Torrance Boulevard and South Western Avenue. There are 5 mobile home renters and 25 mobile home owners. Three units (Units 21, 22, and 30) are occupied by family members of ex-manager of Ms. Dolores Stockton for free. Ownership of the subject three units has not been confirmed, as no documentation as to the ownership/leasing of the subject units have been found. Seller, and their agent(s)/representative(s) are not aware of, and disavows, any legal arrangement between the occupant(s) of the subject three units. Buyer is strongly advised to do their own due diligence and take any action it deems necessary. Bill back for utilities is being audited, as the owner's expense seems to be higher than what it should be. Sold AS IS and WHERE IS with all faults, and without warranty, express or implied and with current tenants and pad owners in place. Trustee is an independent fiduciary not related to the family. Buyer to conduct their own investigations.

Additional Information

Association Amenities
None
Lot Description
Lot-Level/Flat, Lot Shape-Irregular, Walk Street
Pool Description
None
Heat
Wall Electric
Cooling
Ceiling Fan
View
Walk Street
Number of Cars in Garage
Driveway, Assigned, On street
Water
District

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Courtesy of Ingenious Asset Group, Inc., Vineendra Jain - CA DRE#01413466

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