Turnkey 18-Unit Apartment
21111 Wood Ave Torrance, CA 90503
21111 Wood Ave, Torrance, CA, 90503
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For Sale
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Recently remodeled 18-unit apartment building with 18 garage spaces and a courtyard entry.
Property Size11,249 SF
Lot Size0.32 Acres
Days on Market103
Property Features for 21111 Wood Ave
General Information
- Standard status
- Active
- Size
- 11,249 SF
- Lot size
- 0.32 Acres
- Property subtype
- Multifamily
Listing agency
Lyon Stahl Investment Real Estate
(310) 425-9838
Listed by
Brett Lyon · License #CA 01717818
Source
Crexi
Added: Apr 12 Updated: Jul 22 at 9:41PM Checked: Jul 22 at 9:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate
Investment Insights
Based on property information with market context.
21111 Wood Ave is a recently remodeled, turnkey 18-unit multifamily property. The unit mix consists of three 2-bedroom, 1-bath units, nine 1-bedroom, 1-bath units, and six studio units. The property includes 18 garage spaces and an entry sequence that leads to a courtyard. The building is described as fully renovated, with recent capital improvements including a new roof, windows, front doors and wood siding, improved landscaping, new exterior paint and copper plumbing, new cabinets and grey quartz countertops, smooth interior ceilings, wood laminate flooring, stainless steel appliances, new lighting, new bathroom tile, and interior doors.
The 11,249 SF building sits on a 13,805 SF lot. Located in West Torrance and described as adjacent to West Torrance/Redondo Beach, it is approximately 1.5 miles from the Redondo Beach Pier.
The property is currently generating over $37K/month, with stated potential for rental upside. An assumable financing option is described through Chase Bank, with an interest-only term until March 2027 and fixed rate until March 2029, subject to buyer qualification.
The 11,249 SF building sits on a 13,805 SF lot. Located in West Torrance and described as adjacent to West Torrance/Redondo Beach, it is approximately 1.5 miles from the Redondo Beach Pier.
The property is currently generating over $37K/month, with stated potential for rental upside. An assumable financing option is described through Chase Bank, with an interest-only term until March 2027 and fixed rate until March 2029, subject to buyer qualification.
Key Highlights
- Recently remodeled 18‑unit apartment building with a mix of (3) 2BD/1BA, (9) 1BD/1BA, and (6) studio units
- 11,249 SF building on a 13,805 SF lot with an entryway leading to a courtyard
- Fully equipped with 18 garage spaces for tenant parking
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FAQs
What type of property is this?
Apartment building - Recently remodeled 18-unit apartment building with 18 garage spaces and a courtyard entry.
Where is this apartment building located?
The property is located at 21111 Wood Ave Torrance, CA.
What are key features of this property?
This property features: Recently remodeled 18‑unit apartment building with a mix of (3) 2BD/1BA, (9) 1BD/1BA, and (6) studio units; 11,249 SF building on a 13,805 SF lot with an entryway leading to a courtyard; Fully equipped with 18 garage spaces for tenant parking
