Active
16811 Yukon Avenue
Torrance CA, 90504
$6,350,000
$320.38 per sqft
Active
19,820 sqft
Multi-family
Built in 1963
Listed by Brett Lyon with Lyon Stahl Investment Real Estate, Inc. 3107801899
16811-16817 Yukon Ave is a strategically placed 18-Unit Northwest Torrance. The property is comprised of (2) side-by-side buildings totaling 19,820 square feet placed on a large 20,005 SF lot. There is a driveway that splits the two buildings that leads to a carport with potential to be converted into an ADU (buyer to verify). The strong unit mix is comprised of (2) 3-Bed/1.5-Bath units and (16) 2-Bed/1-Bath Units. The property is two-stories and the second-story units are equipped with a balcony, adding extra space to the units for tenants to enjoy.
This building currently has strong in-place income with 50% rental upside offering immediate value-add potential via improvements & rent increases. Sitting at a 3.56% CAP Rate and a 6.45% Market Cap, this is a great opportunity for any investor looking for a value-add building in a great neighborhood.
Located in Northwest Torrance, this property is a short distance from Alondra Park and only a half mile from El Camino Community College. Considering current income, location & rental upside, 16811-16817 Yukon Ave is a rare opportunity for any CRE Investor or exchange buyer to maximize cashflow potential w/ an appreciating asset.
SB24015535
MLSⓇ ID
January 25, 2024
Listed
September 19, 2024
Updated
Map
16811 Yukon Avenue
Torrance CA, 90504
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.23 Acres
Lot Features
16-20 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
132 - N Torrance - West
Days on Market
41
Garage
No
Parking
Carport
Parking Total
18
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
TORR-MH
Listing Contact: 310-425-9838
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/19/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 9/19/2024 at 7:54 PM UTC