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18344 18346 Roslin Avenue, Torrance, California 90504, Torrance, 90504 - bed, bath

18344 18346 Roslin Avenue, Torrance, California 90504 home-pic-0
ACTIVE$1,899,888$3,661/sqft
18344 18346 Roslin Avenue, Torrance, California 90504
0Bed
0Bath
3,661Sqft
6,753Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income Potential: Duplex property with two units, providing immediate rental income. One unit is already remodeled and generating strong rental income.
Top Cons:
Year Built: Built in 1949, the property may require ongoing maintenance and potential upgrades due to its age.

Compared to the nearby listings

Price:$1.90M vs avg $1.54M (+$359,888)75%
Size:3,661 sqft vs avg 3,590.5 sqft50%
Price/sqft:$519 vs avg $47950%

More Insights

Built in 1949 (77 years old).
Condition: The property was built in 1949. The front unit is described as totally remodeled, but the back unit, while in great condition, has tiled countertops in the kitchen and a jetted tub, suggesting it may have been renovated some time ago. The hardwood floors are a plus, but the overall condition, considering the age and partial renovations, indicates a 'Fair' condition. It's aged but maintained with some updates.
Year Built
1949
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
$519
HOA
-
Days on market
-
Sold On
-
MLS number
PW24169086
Home ConditionFair
Features
Patio
View-

About this home

Great opportunity to own a duplex property in North Torrance! The subject property is conveniently located in North Torrance where the rent demand remains always strong! The front unit (1,228sf) is totally remodeled and upgraded from Floor to Ceiling. It has spacious 3 bedrooms / 2 bathrooms / 2-car attached garage and the tenant is currently paying $3,700.00 per month. Another Unit is private back house which has spacious 4 bedrooms and 2 1/2 bathrooms. It is in a great condition with beautiful hardwood floors, big living room with fireplace, tiled counter tops in the kitchen, separate formal dining area, and family room. The gorgeous master bedroom with balcony, and master bath with jetted tub and dual sinks. small patio, side yard, attached two car garage with lots of storage. The tenant is currently paying $3,650.00 but it should be get $4,700 per month at least. ***Property Highlights: *Close to Columbia Park, one of the largest recreational parks in South Bay. * Close to Manhattan & Redondo Beach. *20 minutes to Los Angeles International Airport. *Great school district. *Walking distance to middle school and high school. *Close proximity to Del Amo Shopping Center and many other retail shopping centers. *Close to 405 & 110 & 91 Fwy

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Listing Agent

Nearby schools

8/10
Edison Elementary School
Public,•K-5•0.6mi
7/10
Yukon Elementary School
Public,•K-5•0.9mi
8/10
Washington Elementary School
Public,•K-5•0.9mi
5/10
Evelyn Carr Elementary School
Public,•K-5•1.4mi
7/10
Philip Magruder Middle School
Public,•6-8•0.3mi
8/10
Adams Middle School
Public,•6-8•0.8mi
8/10
North High School
Public,•9-12•0.8mi
8/10
Redondo Union High School
Public,•9-12•2.5mi

Price History

Date
Event
Price
08/01/23
Sold
$1,370,000
04/01/14
Sold
$905,000
Condition Rating
Fair
The property was built in 1949. The front unit is described as totally remodeled, but the back unit, while in great condition, has tiled countertops in the kitchen and a jetted tub, suggesting it may have been renovated some time ago. The hardwood floors are a plus, but the overall condition, considering the age and partial renovations, indicates a 'Fair' condition. It's aged but maintained with some updates.
Pros & Cons

Pros

Income Potential: Duplex property with two units, providing immediate rental income. One unit is already remodeled and generating strong rental income.
Prime Location: Located in North Torrance, close to Columbia Park, beaches, LAX, Del Amo Shopping Center, and major freeways (405, 110, 91).
Spacious Units: Both units are spacious with multiple bedrooms and bathrooms, offering comfortable living spaces for tenants.

Cons

Year Built: Built in 1949, the property may require ongoing maintenance and potential upgrades due to its age.
Rental Income Discrepancy: One unit's current rent is below market value, indicating a need for rent adjustment or tenant turnover to maximize income potential.
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