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2758 Orange Avenue

Stock & Srol Capital Sells Multifamily Property At 2758 Orange Avenue Torrance For $6.3M
SOLDMultiFamily

Stock & Srol Capital Sells Multifamily Property At 2758 Orange Avenue Torrance For $6.3M

2758 Orange Avenue

$6,300,000

$382/SF

Building Size

16,464 SF

Asset Type

MultiFamily

Closing

Mar 12, 2025

AI

This multifamily property located at 2758 Orange Avenue in Torrance features 15 units comprising a total square footage of 16,464. The property was sold for $6,300,000, resulting in a price per unit of $420,000 and a price per square foot of $382.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,300,000
  • Units: 15
  • Square Footage: 16,464
  • Price Per Unit: $420,000
  • Price Per Square Foot: $382
  • Seller: Stock & Srol Capital
  • Broker: Benj Lester - Kape Property Management Inc
  • Market: Torrance

The transaction involved Stock & Srol Capital as the seller, while Benj Lester from Kape Property Management Inc. served as the broker representing the deal. This transaction highlights the active market dynamics within the multifamily sector in Torrance.

Players

Benj Lester

Kape Property Management

Broker

$27.8M

vol

8 deals

Broker

Torrance MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.52%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93