Torrance/Gardena Multifamily Units
Hello LA BP. I'm looking to get into my first MF, possibly in Torrance or Gardena. Im hoping for cash flow and non-rent controlled areas. From my research thus far, Torrance and Gardena are not rent-controlled. From what I've seen so far, cash flow isn't great in the more desireable areas of West Torrance at least.
I used to live in Gardena in the early 90s and was expecting some new developments. But when I drove around, much of the area seems to have become more lower income. Maybe i didn't look in the right places. I do like the potential to build MFs of some of the deep flag lots. I saw quite a few near Peary Jr High.
What areas of Torrance and Gardena have more potential?