1141 Jay Street

  • $$760,000
  • 1,524 Sq Ft

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Great investment opportunity for someone looking to generate passive income! Traditional Torrance Duplex boasting two detached units. Consisting of a 2 bed/1 bath layout and separated by a nice block wall, the units have their own yards giving tenants privacy and their own exterior space. Each unit has its own gas (2 total) and electric meter (2 total). The front unit presents a private …

Description

Great investment opportunity for someone looking to generate passive income! Traditional Torrance Duplex boasting two detached units. Consisting of a 2 bed/1 bath layout and separated by a nice block wall, the units have their own yards giving tenants privacy and their own exterior space. Each unit has its own gas (2 total) and electric meter (2 total). The front unit presents a private front/back yard, new kitchen cabinets, a 1 car garage complete with washer and electric dryer hookups. A roomy driveway, large front yard, and bonus area equipped with washer and electric dryer hookups are showcased in the back unit. Because the owner is only responsible for water, home insurance, and standard maintenance, the cash flow potential is very promising. With some TLC, these units can definitely be leased at market rent! Conveniently located near the 110 FWY, UCLA Medical Center, The Links at Victoria Golf Course, Los Angeles Harbor College, and Ken Malloy Harbor Regional Park.

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Listing Details

Price:$$760,000
Address:1141 Jay Street
City:Torrance
State:California
Zip Code:90502
MLS:OC22041760
Year Built:1954
Square Feet:1,524
Acres:0.156
Lot Square Feet:0.156 acres
additionalParcelsYN:no
average1BedAreaUnits:Square Feet
average2BedAreaUnits:Square Feet
average3BedAreaUnits:Square Feet
averageStudioAreaUnits:Square Feet
buildingAreaUnits:Square Feet
commonWalls:No Common Walls
communityFeatures:Curbs, Sidewalks, Street Lights
country:US
daysOnMarket:59
elevationUnits:Feet
garageSpaces:1
grossScheduledIncome:45600
landLeaseYN:no
laundryFeatures:Electric Dryer Hookup, In Garage, Inside, Washer Hookup
laundryYN:yes
listAgentStateLicense:01473012
listOfficeStateLicense:01932401
lotFeatures:Back Yard, Front Yard
lotSizeArea:6800
lotSizeSource:Assessor
lotSizeSquareFeet:6800
lotSizeUnits:Square Feet
mlsAreaMajor:123 - County Strip
netOperatingIncome:44208
newConstructionYN:no
numberOfBuildings:2
numberOfSeparateElectricMeters:2
numberOfSeparateGasMeters:2
numberOfSeparateWaterMeters:1
numberOfUnitsTotal:2
operatingExpense:1392
parcelNumber:7344009021
parkingTotal:1
poolFeatures:None
poolPrivateYN:no
pricePerUnit:380000
propertyAttachedYN:no
rentControlYN:yes
seniorCommunityYN:no
sewer:Public Sewer
specialListingConditions:Standard
taxCensusTract:5435.03
taxLot:23
taxTractNumber:3239
totalExpenses:1392
waterSewerExpense:1392
waterSource:Public
yearBuiltSource:Assessor
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