Property Detail
Description
Prime Hollywood Riviera Location: 6-unit apartment located just two blocks from Torrance Beach, the Pacific Ocean, and within a few blocks of Riviera Village. Recent Capital Improvements: All new electrical panels and wiring (2025), updated plumbing drains (2024), and recent exterior and landscaping improvements. Outstanding Unit Mix: Comprised of (2) 2-bedroom/2-bathroom units, (2) 2-bedroom/1-bathroom units, and (2) 1-bedroom/1-bathroom units, with one of the 2-bedroom units delivered vacant. Desirable Property Amenities: Individual hot water heaters for each unit, six carport parking spaces, and a spacious, landscaped common area front yard. Large 8,747-SF Lot: Expansive parcel offering desirable ADU potential (Buyer to Verify). Strong Value-Add Opportunity: Rents are approximately 40% below market, equating to a 5.26% pro-forma cap rate and 13.67 pro-forma GRM, making this an ideal owner-user or long-term investment opportunity with no local rent control (AB 1482 only).
Map Location
Listing provided courtesy of Jonathan Nikfarjam of Shield CRE, Inc.. Last updated 2026-09-01 08:10:13.000000. Listing information © 2025 CRMLS.
San Diego Office:
6904 Federal Blvd.
Lemon Grove, CA 91945
(619) 825-9560
Temecula/Murrieta Office:
29910 Murrieta Hot Springs Rd. Ste E
Murrieta, CA 92563
(951) 677-0083
CA DRE# 1271639
Corporate DRE #02215045
NMLS Individual #326258
NMLS Corporate #2524339
Destiny Six Financial
Destiny Six Financial is a family-owned and operated, real estate and mortgage company. We have been serving Southern California for over 20+ years. At Destiny Six Financial, we strive to treat every client with the respect and personal service that you deserve. We understand the big commitment you are making in buying or selling a home, refinancing a mortgage, or cashing out your home equity, and we are here to make that journey an easy process for you.
Call us today at one of our convenient locations:
San Diego Office: 619.825.9560
Temecula/Murrieta Office: 951.677.0083
San Diego: 6904 Federal blvd. Lemon Grove ca. 91945
Temecula: 29910 Murrieta Hot Springs Rd. Ste E. Murrieta ca 92563
CA DRE# 1271639
Corporate DRE #02215045
NMLS Individual #326258
NMLS Corporate #2524339
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