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1651 W 206th St, Torrance, CA, 90501

24beds
24baths
8,976sqft
$2,700,000
$301price/sqft
$17,389/moest. monthly cost
$695,560/yrincome needed

About This Home

12-Unit Investment Opportunity in Torrance P.O. | Two Adjacent 6-Unit Apartments - Each with their Own Assessor Parcel Number (APN) | All 2-Bedroom/1.5-Bathroom Units | 5.17% Current Cap Rate & 11.05 Current GRM | 8.41% Pro-Forma Cap Rate & 7.98 Pro-Forma GRM | Combined 14,008-SF Total Lot Size | Desirable Opportunity to Add ADUs | 1978 Construction | Property is on RUBs Program - Reduces Operational Expenses for Landlord | Total of 24 Parking Spaces (Tandem) | Gated Building with 2 On-Site Laundry Facilities | Roof Replaced Approximately 12 Years Ago | Located Approximately 1 Mile from Harbor-UCLA Medical Center | Short Commute from Old Town Torrance, Torrance Crossroads, Torrance Business Center, and Del Amo Fashion Center

Getting Around

61
WalkingSomewhat Walkable
36
TransitSome Transit
52
BikeBikeable

Schools

6/10
One Hundred Eighty-Sixth Street Elementary SchoolGrades K-51.3 mi
6/10
Stephen M. White Middle SchoolGrades 6-81.7 mi
6/10
Humanities And Arts (HARTS) Academy Of Los AngelesGrades 9-122.8 mi

Construction

Condition

  • Year built: 1978

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Laundry Room,Laundry Area

Bedrooms & Bathrooms

  • Bedrooms: 24
  • Bathrooms: 24

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 8,976
  • Total interior livable area: 8,976 sqft

Property

Details

  • Zoning: LARD1.5
  • Special condition: Standard
  • Other equipment: Other

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 7,004 sqft

Parking

  • Total spaces: 24
  • Parking features: Assigned,Covered
  • Covered spaces: 24