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Trust Trades Two Torrance Apartment Buildings

Palos Verdes Investments Pays Almost $40.3 Million for 106 Units on Yukon Avenue
The Torrance Terrace apartments were built in 1972 on 1.6 acres in Los Angeles County. (CoStar)
The Torrance Terrace apartments were built in 1972 on 1.6 acres in Los Angeles County. (CoStar)
By Chris Bundy
CoStar Research
April 8, 2022 | 2:35 P.M.

Palos Verdes Investments acquired two multifamily properties in Torrance, California, for nearly $40.29 million, or about $380,000 per unit, from a private trust in an off-market transaction.

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