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Image 1 - 4208 Pacific Coast Hwy, Torrance, California, 90505 - House for sale
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Pacific Coast Hwy, Torrance, Home For Sale
4208 Pacific Coast Hwy, Torrance, California, 90505

Pacific Coast Hwy, Torrance, Home For Sale

house for sale
Listed: 07/21/24

4208 Pacific Coast Hwy, Torrance, California, 90505

Studio Bed:
3,240 Sq Ft Living Area:
Save
Price
$ 2M

About This House

Why rent when you can OWN! A rare investment opportunity that is 1031-exchange eligible from Residential property. Spanning3, 240square feet across four units on an11, 690-square-foot lot, this single-level property boasts high visibility and traffic flow. Situated within the bustling Vista Plaza Shopping Center, it appeals to both investors and potential owner-users. Over 51% of the property will be delivered vacant, making it eligible for Sba financing, which allows you to put as little as 10% down. The location is strategically positioned along the iconic Pacific Coast Highway, offering exceptional visibility and accessibility within South Torrance, a coastal city that's highly attractive to businesses and residents due to its proximity to major urban centers like Los Angeles and Orange County.

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Torrance Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Torrance, United States averaged $1,178,994, a decrease of 3.7% from the previous month.
Median price trends for properties for sale in Torrance, United States as of June 2024.

Household Income

Median household income: $85,070
Number of households: 54,904
The average household income in Torrance, CA grew from $80,862 to $85,070 in the past year. This data is an estimate based upon 54,904 households in Torrance, CA.
The chart below presents how household income is distributed in Torrance, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Torrance, CA compared to median property taxes around the country. The prevalent amount of property taxes in Torrance, CA equals $3k+ , which is more than the national average.