17302 Ermanita, Torrance, California 90504, Torrance, 90504 - 0 bed, 0 bath
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Torrance, California 90504
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.
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.
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.
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.
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.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 11695, other record living area = 9911.
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.
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.
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
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1962 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Feb 26, 2026
$7,995,000
Initial Listing
Aug 28, 2020
$3,865,000
Public Record
Nov 8, 2000
$950,000
Public Record