1651 W 206th Street, Torrance, CA 90501
- $2,700,000
- 24
- BD
- 24
- BA
- 8,976
- SqFt
- List Price
- $2,700,000
- Status
- ACTIVE
- MLS#
- 26862991
- Year Built
- 1978
- Bedrooms
- 24
- Bathrooms
- 24
- Living Sq. Ft
- 8,976
- Lot Size
- 14,008
- Acres
- 0.32
- Days on Market
- 5
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
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
Additional Information
- Attached Structure
- Detached
- Number Of Units Total
- 12
Listing courtesy of Listing Agent: Jonathan Nikfarjam (jonathan@shieldcre.com) from Listing Office: Shield CRE, Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.