21010 Anza Avenue
21010 Anza Avenue
$12,400,000
73
64
38,126
38,126
$325
Description
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...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.
- Listed by Steffan Braunlich • DRE #01859098 • Brokerage DRE #01308753 • Berkadia
Property Details for 21010 Anza Avenue
Zoning
TORR-MH
Parcel Number7524027031
Total Units34.0
Living Area38126
Source Living AreaVendor Enhanced
AreaWest Torrance (131)
Vacancy Rate3%
Lot Size Area35755
Location
LISTING UPDATED: 05/24/2024 12:01 AM
Property Details for 21010 Anza Avenue
Status | Active |
---|---|
MLS # | 24-393183 |
Days on Market | 17 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1964 |
Lot Size | 0.82 AC / 35,755 SF |
County | Los Angeles County |
Location
Building Information for 21010 Anza Avenue
Stories2Residences-Year Built1964Building Size-Lot Size0.82 AC / 35,755 SF
Payment Calculator
$73,812 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 21010 Anza Avenue
Property History for 21010 Anza Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 21010 Anza Avenue
Taxable ValueLand$1,426,046Additions$4,448,159Total$5,874,205
Tax Record2023$73,683 ($6,140 / month)
Home Facts
Total Finished SqFt38,126 SqFtAbove Grade Finished SqFt38,126 SqFtLot Size35,755 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningTORR-MHCountyLOS ANGELESAPN7524-027-031
Schools near 21010 Anza Avenue
This home is within Torrance Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Victor Elementary School PublicK to 5 | ||
Jefferson Middle School Public6 to 8 | ||
West High School Public9 to 12 | ||
Shery (Kurt T.) High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.