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2722 Grand Summit Road

Torrance, CA 90505
  • $1,215,000
  • STATUS: Active
  • ON SITE: 54 Days
  • ID#: DW22099618
UPDATED: 66 min ago
$1,215,000
  • 3
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,214
    SQFT
  • $1,001
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1954
County:

School Ratings & Info

School District:
Listing Agent(s): Carlos Campos of Hope Street Funding & Realty (424-201-0101)


Description

First time on the market in 32+ years! This is the best value add home in the South Bay market! This house resides in Torrance, CA, but tucked inside one of the most exclusive neighborhoods known as Victoria Knolls! This lovely mid century home offers 3 bedrooms and 2 baths with a fantastic layout. The home is comprised of 1,214 sq.ft on a 5,236 sq.ft lot with an additional bonus room added to the house, the bonus room does not count in the square footage, ideal for a man-cave or classroom! This house has had a lot of work done throughout the years, copper piping throughout, the kitchen has been redone, the floors have been redone, bathroom, about a year old, the other bathroom is in excellent shape, newer ceiling fan, appliances are new (stainless steel) and included in the sale. This house is very well maintained for its age. Fix as you go, or live in for a few years then renovate it as your own. With this location and vicinity your buying an 8 minute driving distance to the best elite schools such as Palos Verdes Peninsula High School- ranked 16th in Los Angeles metro area and Chadwick- ranked among the best prep schools in the nation with an average SAT score of 1414. Thats an advantage that most homes wont offer you and this one does! Enjoy Great schools, activities, country clubs, and access to city programs and sports activities near Victoria knolls. FYI- Trails are everywhere, horse, bike, walking, running, theres a trail for you! Dont miss out! This house has the lowest priced per square foot in Victoria Knolls and 5 minute driving distance to Rolling Hills Estates.This house has been well maintained for you to finish the property to earn max rents. This is a true value add home to buy as an investment to rent out. Why? its in the Victoria Knolls adjacent to Walteria, and Rolling Hills Estates and has very strong rental markets, convert to luxury and earn a healthy ROI on your investment. Dont lose out on this fantastic opportunity!A+ Location! This is an ideal home for a buyer or investor doing a 1031! Earn a 5.5% cap rate if you rent as is. Property is located 2 minutes from Wholefoods,Trader Joes, Sephora, Kohls (Rolling Hills Plaza).

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-06T00:29:40.307. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/128615731
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2722 Grand Summit Road Torrance, CA 90505

  • Price: $1,215,000
  • Status: Active
  • On Site: 54 Days
  • Updated: 66 min ago
  • ID#: DW22099618
3
Beds
2
Baths
0
½ Baths
0.12
Acres
1,214
SQFT
$1,001
$/SQFT
1954
Built
Neighborhood:
125 - Walteria
County:
Los Angeles
Area:
125 - Walteria
School District:
Torrance Unified
Property Description
First time on the market in 32+ years! This is the best value add home in the South Bay market! This house resides in Torrance, CA, but tucked inside one of the most exclusive neighborhoods known as Victoria Knolls! This lovely mid century home offers 3 bedrooms and 2 baths with a fantastic layout. The home is comprised of 1,214 sq.ft on a 5,236 sq.ft lot with an additional bonus room added to the house, the bonus room does not count in the square footage, ideal for a man-cave or classroom! This house has had a lot of work done throughout the years, copper piping throughout, the kitchen has been redone, the floors have been redone, bathroom, about a year old, the other bathroom is in excellent shape, newer ceiling fan, appliances are new (stainless steel) and included in the sale. This house is very well maintained for its age. Fix as you go, or live in for a few years then renovate it as your own. With this location and vicinity your buying an 8 minute driving distance to the best elite schools such as Palos Verdes Peninsula High School- ranked 16th in Los Angeles metro area and Chadwick- ranked among the best prep schools in the nation with an average SAT score of 1414. Thats an advantage that most homes wont offer you and this one does! Enjoy Great schools, activities, country clubs, and access to city programs and sports activities near Victoria knolls. FYI- Trails are everywhere, horse, bike, walking, running, theres a trail for you! Dont miss out! This house has the lowest priced per square foot in Victoria Knolls and 5 minute driving distance to Rolling Hills Estates.This house has been well maintained for you to finish the property to earn max rents. This is a true value add home to buy as an investment to rent out. Why? its in the Victoria Knolls adjacent to Walteria, and Rolling Hills Estates and has very strong rental markets, convert to luxury and earn a healthy ROI on your investment. Dont lose out on this fantastic opportunity!A+ Location! This is an ideal home for a buyer or investor doing a 1031! Earn a 5.5% cap rate if you rent as is. Property is located 2 minutes from Wholefoods,Trader Joes, Sephora, Kohls (Rolling Hills Plaza).
Exterior Features

Attached Garage YN Yes Horse Amenities Riding Trail Lot Features 0-1 Unit/AcreValue In Land Open Parking Spaces 4 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes View YN Yes

Interior Features

Appliances Energy Star Qualified AppliancesGas Range Common Walls 1 Common Wall Cooling NoneSee Remarks Cooling YN No Fireplace Features See Remarks Fireplace YN Yes Heating Wall Furnace Heating YN Yes Main Level Bathrooms 2 Main Level Bedrooms 3

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingDog ParkGolfHikingHorse TrailsMountainousParkPreserve/Public LandWater Sports Contingency Property is Sold As is. It’s in Excellent ConditionBut We Are Priced Too Low For Any Credits. Bring Your 1031 Buyers Now! Buyers And Buyers Agent Responsible For Conducting Their Own Research For FeaturesMarketPricingEtc. Current Financing ConventionalFhaVa Garage YN Yes Land Lease YN No Laundry Features See Remarks Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventionalContract1031 ExchangeFhaFannie MaeFreddie MacOwner May CarryPrivate Financing AvailableVa Loan New Construction YN No Possession Close Plus 1 Day Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Structure Type House Water Source PublicSee Remarks Zoning Torr-Lo



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-06T00:29:40.307. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
400 E. Main St. #110
Visalia CA, 93291
Listing Agent(s): Carlos Campos of Hope Street Funding & Realty (424-201-0101)