Torrance, CA 90505,24065 Ocean AVE
Torrance, CA 90505,24065 Ocean AVE
Torrance, CA 90505,24065 Ocean AVE
Torrance, CA 90505,24065 Ocean AVE
Torrance, CA 90505,24065 Ocean AVE
Torrance, CA 90505,24065 Ocean AVE
Alex Ortega
Alex Ortega

Agent | License ID: 01321114

+1(619) 454-3903

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$ 18,000,000

$ 17,999,999

Est. payment | /mo

1.27 Acres Lot


$ 18,000,000

$ 17,999,999

Est. payment | /mo

1.27 Acres Lot

Key Details

Sold Price $18,000,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24247906

Sold Date 02/20/25

HOA Y/N No

Year Built 1962

Lot Size 1.272 Acres

Property Sub-Type Apartment

Property Description

**Rare Opportunity: Prime Multi-Family Investment Property in Torrance!**

For the first time in nearly 40 years, "Ocean House," a meticulously maintained 54-unit property, is available in Torrance's most desirable neighborhood. This property offers exceptional amenities, including a solar-heated swimming pool surrounded by lush landscaping, serene interior gardens, and updated on-site laundry facilities, delivering both comfort and convenience for residents.

The thoughtfully designed unit mix features one-bedroom units and two-bedroom units, catering to a wide range of renters and budgets.

Located in South Torrance, Ocean House offers proximity to pristine beaches, shopping, dining, parks, top-rated schools, and major transportation routes, combining the convenience of urban living with the tranquility of a suburban setting. The property has been meticulously maintained, with a new roof installed in May 2023, reflecting its excellent upkeep and attention to detail.

**Disclaimer:** The information provided is subject to change.

Location

State CA

County Los Angeles

Area 125 - Walteria

Zoning TOCR-MH

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned, Controlled Entrance

Garage Spaces 2.0

Carport Spaces 52

Garage Description 2.0

Pool Community, Fenced, In Ground

Community Features Park, Pool

Total Parking Spaces 54

Private Pool No

Building

Lot Description Corner Lot, Lot Over 40000 Sqft, Landscaped, Level, Near Park

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7534006018

Energy Description 17619.0

Acceptable Financing Contract

Listing Terms Contract

Financing Assumed

Special Listing Condition Standard, Trust

California Regional MLS (CRMLS)
Listed by Theodore Gardner • Gardner • 310-489-1410
Bought with John Katnik • BRC Advisors- BH
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+1(619) 454-3903

alex@theortegateam.com

900 Lane Ave, Chula Vista, CA, 91914-3503, USA

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24065 Ocean AVE