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.
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