21010 Anza Avenue
Torrance, CA 90503
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- 1964 build
- – on site
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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 make up 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.
Last checked:
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Last updated Oct 14, 2024
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MLS# 24393183 —
The Building
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Year Built:1964
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New Construction:No
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Building Area Total:38126.00
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# of Buildings:1
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Total Number Of Units:34
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:Located on the SE corner of Anza Ave and Maricopa St
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Latitude:33.83922700
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Longitude:-118.36174900
The Property
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Property Type:Residential Income
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Zoning:TORR-MH
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Lot Size Area:35755.0000
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Lot Size Acres:0.8208
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Lot Size SqFt:35755.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7524027031
Heating & Cooling
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Heating:None
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Garage
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Parking Spaces:36.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/14/24
Oct 14, 2024
|
Sold | CRMLS_CA | $11,628,429 | -6.2% |
|
7/2/24
Jul 2, 2024
|
Pending | CRMLS_CA | $12,400,000 | |
|
6/18/24
Jun 18, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $12,400,000 |
