1651 W 206th St, Torrance, CA 90501
- $2,700,000
- 24
- BD
- 24
- BA
- 8,976
- SqFt
- List Price
- $2,700,000
- MLS#
- 26862991
- Year Built
- 1978
- Bedrooms
- 24
- Bathrooms
- 24
- Living Sq. Ft
- 8,976
- Lot Size
- 14,008
- Days on Market
- 6
- Property Type
- Multifamily
- Stories
- 2
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
- Other Buildings
- Other
- Heat
- Other
- Cooling
- Other
- Number of Cars in Garage
- Assigned, Covered Parking
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Courtesy of Shield CRE, Inc., Jonathan Nikfarjam - CA DRE#01856803
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