• 1624 W 206th Street Torrance, CA 90501

  • $1,195,000
  • 8
    Bed(s)
  • 0
    Baths
  • 2,984
    Sq Ft
  • 7001
    Sqft
  • Listed By: Marcus Kassin, Coldwell Banker Realty, DRE #01216904
  • Source: CRMLS

Amazing investment opportunity! Best income to cost ratio in the area, don't pass this opportunity up or you'll regret it. This four-unit building includes a BRAND NEW 2 bedroom 1 bath unit, and 3 other two bedroom one bath units. The new unit comes complete with a/c in each room, shaker cabinets, tiled showed, luxury plank vinyl flooring and stainless-steel appliances. Plentiful parking in the driveway for each unit, and the back three units each have a large outdoor storage shed. There is a separate laundry room with a coin-operated washer and dryer for the convenience of the tenants. All four existing tenants have a longstanding history of paying rent in a timely manner, even during COVID. Building features new foundation reinforcing, gutters and more. This building is well maintained and is centrally located to shops, dining and freeway. Drive by only! Access to units with accepted offer.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 8

Bathroom Information

Total Baths: 4

Full Baths: 0

Half Baths: 0

Interior Features

Property Appliances: Refrigerator

Cooling Features

None

Air Conditioning

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 1954

Building Area Total: 2,984

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1607

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 7001

Listing Price Information

Original List Price: 1,195,000

Listing Contract Date: 2024-01-17

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 7351008007

Garage and Parking

Garage Description: Driveway

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 122 - Harbor Gateway

Postal Code Plus 4: 1615

Directions: From the 405 exit western turn left on W 206th

Zoning: LARD1.5

Source Property Type: Residential Income

Area: 122 - Harbor Gateway

Building and Construction

Property Age: 70

Year Built Source: Vendor Enhanced

Total Square Feet Living: 2984

Levels or Stories: One

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2233 Del Amo Boulevard, Torrance, CA,90501 $950,000 4 3 1,685 4601 Sqft
20802 Brighton Avenue, Torrance, CA,90501 $875,000 4 2 1,367 6752 Sqft
1630 W 204th Street, Torrance, CA,90501 $1,399,999 7 4 2,802 7001 Sqft
1501 207th, Torrance, CA,90501 $835,000 3 3 1,794 1898 Sqft
20625 S Denker Avenue, Torrance, CA,90501 $929,000 4 3 2,189 14000 Sqft
1620 W 208th Street, Torrance, CA,90501 $1,000,000 5 3 1,956 7751 Sqft
23701 S Western Avenue, Torrance, CA,90501 $75,000 3 1 -- 711574 Sqft
20623 S Denker Avenue, Torrance, CA,90501 $929,000 4 3 2,189 7002 Sqft
2720 Gramercy Avenue #3, Torrance, CA,90501 $740,000 2 2 1,184 29123 Sqft
1568 W 219th Street, Torrance, CA,90501 $1,399,000 5 -- 2,606 6125 Sqft

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ByOwner last updated this listing 05/13/2024 @ 11:02

MLS: 24348875
LISTED BY: Marcus Kassin, Coldwell Banker Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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