Steffan Braunlich
This listing was posted on RealtyWW.
$12,400,000
Home For Sale In Torrance, California
Price:
$12,400,000
BR/BA:
10+ BA
Location:
21010 Anza Ave, Torrance, CA
Description:
The Anza South Apartments is a 34-unit, legacy asset situated in the West Torrance area of the South Bay and located on the desirable Anza Ave corridor. The property presents a massive value-add opportunity for experienced investors to enhance their returns through strategic improvements and renovations. There is a proven demand for best-in-class renovated apartments to compensate for the lack of new construction in the Torrance market. Additionally, a low velocity sales market, combined with an aging inventory and high barrier to entry for new construction continue to increase investor demand for larger properties with strong value-add opportunities. The limited stock, low vacancy rates and the affordability gap between buying and renting ensure a consistent demand for renovated units. Strong economic drivers and booming construction sector, point towards economic and rent growth. Lastly, the property benefits from access to the best health care in the South Bay and the #2 school district in LA County, making it highly desirable for families and individuals. The properties offer a compelling investment proposition with multiple factors contributing to their potential success.For more details: https://realtyww.info/homes_torrance-d525548/for-sale_i71969525
Property Type:
Single-Family Houses
Posted:
May 18 on RealtyWW
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More About this Listing: Home For Sale In Torrance, California
Home For Sale In Torrance, California is a 10 Bathroom, 10+ BA, 64 Bathroom Single-Family Homes for Sale at 21010 Anza Ave in Torrance CA. Find other listings like Home For Sale In Torrance, California and listings near 21010 Anza Ave by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 64 Bathroom Single-Family Homes for Sale in Torrance CA.
Home For Sale In Torrance, California is a 10 Bathroom, 10+ BA, 64 Bathroom Single-Family Homes for Sale at 21010 Anza Ave in Torrance CA. Find other listings like Home For Sale In Torrance, California and listings near 21010 Anza Ave by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 64 Bathroom Single-Family Homes for Sale in Torrance CA.