21010 Anza Avenue Torrance, CA $ 12,400,000
21010 Anza Avenue
$ 12,400,000
Recently Listed
Share Save

21010 Anza Avenue

Torrance, CA, 90503
$ 12,400,000
Bedrooms73 Baths64.0 Sq 38,126

Monthly Estimate*

$ 82,414

Listed by Berkadia
21010 Anza Avenue, Torrance, CA 90503 - Image 1
21010 Anza Avenue, Torrance, CA 90503 - Image 2
21010 Anza Avenue, Torrance, CA 90503 - Image 3
21010 Anza Avenue, Torrance, CA 90503 - Image 4
21010 Anza Avenue, Torrance, CA 90503 - Image 5
21010 Anza Avenue, Torrance, CA 90503 - Image 6
21010 Anza Avenue, Torrance, CA 90503 - Image 7
21010 Anza Avenue, Torrance, CA 90503 - Image 8
21010 Anza Avenue, Torrance, CA 90503 - Image 9
21010 Anza Avenue, Torrance, CA 90503 - Image 10

Multi-Family Home for sale in Torrance, CA

for $12,400,000 with 73 bedrooms and 64 full baths. This 38,126 square foot home was built in 1964 on a lot size of 0.8208.

The Anza South Apartments is a 34-unit, legacy asset situated in the West Torrance area of the South Bay and located on the desirable Anza Ave corridor. The property presents a massive value-add opportunity for experienced investors to enhance their returns through strategic improvements and renovations. There is a proven demand for best-in-class renovated apartments to compensate for the lack of new construction in the Torrance market. Additionally, a low velocity sales market, combined with an aging inventory and high barrier to entry for new construction continue to increase investor demand for larger properties with strong value-add opportunities. The limited stock, low vacancy rates and the affordability gap between buying and renting ensure a consistent demand for renovated units. Strong economic drivers and booming construction sector, point towards economic and rent growth. Lastly, the property benefits from access to the best health care in the South Bay and the #2 school district in LA County, making it highly desirable for families and individuals. The properties offer a compelling investment proposition with multiple factors contributing to their potential success.

See more

Multi-Family Active

Price

$ 12,400,000

Bedrooms

73

Full Bath

64

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.8208

Year Built

1964

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

24393183

Days on Market

16

Features
General
Heating None
Cooling None
Zoning TORR-MH
Year Built 1964
Stories 2
Levels Two
Gross Income 950556.0
County Los Angeles
Net Operating Income 611594.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Located on the SE corner of Anza Ave and Maricopa St
City Torrance
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 34
MLS Area 131 - West Torrance
Lot Size Units SquareFeet
Lot Size Square Feet 35755.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Anza
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 8
Standard Status Active
Cap Rate 4.93
See more
Exterior
Parking Features Garage
Total Parking 36.0
Lot Size Area 35755.0
Number of Buildings 1
Spa N
Building Area Total 38126.0
Lot Size Acres 0.8208
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 73
Electric On Property Y/N N
Total Baths 64
See more
Internal Only
Street Number 1 21010
See more
* Excluded Features
List By
Berkadia

Broker

(310) 209-3209

Phone

Affordability Calculator

$82,414
Per Month
100%
0%
0%
Monthly Principal & Interest
$82,414
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$12,400,000 Listed Price

Map


See all

21010 Anza Avenue, Torrance, CA, 90503 is a Multi-Family Home for sale at $12,400,000 with 38,126 sqft and a lot size of 0.8208. 21010 Anza Avenue has 73 bedrooms, 64.0 baths, and was built in 1964. The property's zip code is 90503 which is in Torrance, CA