Los Codona Ave, Torrance, Home For Sale

house for sale

Listed: 08/23/24

23870 Los Codona Ave, Torrance, California, 90505

25 Bed:

18 Bath:

11,738 Sq Ft Living Area:

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Price

$ 6,2M

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About This House

18 unit residential apartment building in prime Walteria/South Torrance area. Situated in a strong rental market, this well maintained building offers a mix of spacious 1 and 2 bedroom apartments with 1 studio and a bonus unit. -INCOME-Current gross scheduled income is$290, 352/year. However, pro forma/market rents could bring the Gross scheduled income conservatively to around$425, 000/year. -LAYOUT-Large11, 738sqft building on a17, 440sqft lot. 25 bedrooms in total with 19 bathrooms and a bonus, 450 sqft studio that is currently being used for storage. 9 (1 bedroom/1 Bath), 8 (2 bedrooms/1 Bath) and 1 (Studio). Total of 18 garage spaces; 8 covered garages w/ auto door openers and 10 covered garages. Co-Op shared laundry room w/ 2 washing machines and … Full description

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Houses for sale in Torrance

Original listing

Torrance Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

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Month	Median Price
Aug 2024	$1,028,075 (0%)
Jul 2024	$1,027,600 (0%)
Jun 2024	$1,027,600 (0%)
May 2024	$1,027,600 (+10.6%)
Apr 2024	$928,999 (0%)
Mar 2024	$928,999 (0%)

In August 2024, the asking price for 2 bed houses for sale in/near Torrance, United States averaged $1,028,075, an increase of 0% from the previous month.

Median price trends for properties for sale in Torrance, United States as of August 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.