21013 Reynolds Drive, Torrance, California 90503

The property offers an outstanding location, one mile to South Redondo Beach, two miles from the Redondo Beach Pier, and only ¾ of a mile to the Del Amo Fashion Center, which is one of largest malls in the United States. This property is NOT subject to rent control, and has undergone extensive exterior and interior renovations within the past year. Upgrades include, but are not limited to; new paint, brand new windows and doors, and all new electrical and plumbing. Four of the eight units have been extensively renovated, featuring hardwood flooring, stainless steel appliances, granite countertops, modern ceiling fans, and added washer and dryers. Each unit is one bed / one bath, with a carport. Additionally, there is approximately 14% +/- upside in rents through completing the remodel to the remaining four units. A new owner has the opportunity to take advantage of this highly desirable non-rent control asset by bringing the remaining four units to market, and to continue to raise rents overtime.