17302 Ermanita, Torrance, California 90504, Torrance, 90504 - bed, bath

17302 Ermanita, Torrance, California 90504 home-pic-0

17302 Ermanita

Torrance, California 90504

ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
11,695Sq Ft
29,992Lot Size

Property Price

LIST PRICE$7,995,000

SUMMARY

Analysis of 17302 Ermanita, Torrance, California 90504 is currently available with a list price of $7,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Torrance Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1962, the property has undergone a comprehensive, top-to-bottom renovation within the last few years, qualifying it for an excellent rating. Capital improvements include major system upgrades such as new copper plumbing, electrical, drain lines, and a new roof. The interiors are finished to a high modern standard with Carrara-style quartz countertops, new cabinetry, stainless steel appliances, wood laminate flooring, and recessed lighting. The inclusion of in-unit washers, dryers, and AC further confirms the high-quality, turnkey condition of the units.

PROSSTRENGTHS & OPPORTUNITIES

  • Extensive Turnkey Renovations

    The property has undergone comprehensive interior and exterior capital improvements, including new roofing, copper plumbing, electrical systems, and high-end interior finishes, minimizing immediate CapEx for the buyer.

  • Attractive Assumable Financing

    A significant $3.9M portion of the financing is assumable at a 5.25% interest rate fixed until 2033, offering a major advantage in a high-interest-rate environment.

  • Strong Cash Flow and Unit Mix

    Generating over $47,000 in monthly income from a diverse mix of 17 units, the property provides immediate stability and a robust revenue stream in a high-demand Northwest Torrance location.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 11695, other record living area = 9911.

  • High Acquisition Cost

    With a list price of nearly $8 million, the high price per unit may result in tighter initial cap rates, potentially limiting the pool of investors focused on high-yield value-add plays.

  • 1960s Era Construction

    Despite the modern renovations, the 1962 original build date means the underlying structure and site layout are over 60 years old, which can present long-term maintenance considerations compared to newer developments.

About 17302 Ermanita

17302 Ermanita Ave is a turnkey 17-Unit situated in a prime pocket of NW Torrance. The property consists of (1) 2-bed/2-bath unit, (5) 2-Bed/1-Bath, (7) 1-Bed/1-Bath, and (4) Studio Units – with a strong in-place income of over $47K/Mo. The 11,695 SF building sits on a massive 29,992 SF lot and features a BBQ & fire pit area for tenants to enjoy – on top of the pristine quality of the units that are fully equipped with a washer, dryer and AC. The whole building is newly renovated and recent capital improvements to the exterior include: New Roof, Windows, Front Doors & Wood Siding, Improved Landscaping, New Exterior Paint, Copper Plumbing, New Electrical & Drain Lines. The interior is dressed with top-of-the-line renovations including: New Cabinets, Carrara Style Quartz Countertops, Smooth Interior Ceilings, Wood Laminate Flooring, Stainless Steel Appliances, Recessed Lighting, New Bathroom Tile & Interior doors. The property is strategically located on a quiet street in Northwest Torrance – in close proximity to Alondra Park Golf Course, El Camino College, and the South Bay Galleria. With its sizable living space, desirable location, and impressive income, this property is a great opportunity for any investor looking for a cash-flowing prize asset. *Available with Assumable Financing @ 5.25% interest Rate. $3.9M of the Loan is Assumable - Subject to Buyer Qualification. Fixed Rate until Feb 2033

Property Details

Public Facts

Property Type
Mixed Use
Year Built
1962
Lot Size
29,992 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Torrance Unified Schools

Evelyn Carr Elementary School

Grades K-5 • 0.3 mi

5/10

Yukon Elementary School

Grades K-5 • 0.5 mi

7/10

Edison Elementary School

Grades K-5 • 0.7 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
0%
Baths--
0%
Square foot--
0%
Lot Size--
0%
Price--
0%
Price per sq ft--
0%
Built year1962-
0%
HOA$0$0
0%
Days on market--
0%

Pricing History

Listed for Sale

Feb 26, 2026

$7,995,000

Initial Listing

Sold

Aug 28, 2020

$3,865,000

Public Record

Sold

Nov 8, 2000

$950,000

Public Record

Browse Properties by State Browse housing market trends by state