Beds8
Baths4
Sq.Ft.2,984
Year1954
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Status:
Active
Property Type:Residential Income (Multi-Family)
MLS #:23274037
Sq. Feet:2,984
On Site:10 Days
Lot Size:7,001 Sq. Ft.
County:Los Angeles
Listing Agent/Office
Agent:Marcus Kassin
Office:Coldwell Banker Realty
Amazing investment opportunity! Best income to cost ratio in Torrance, 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 three 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.
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Community Information
Address:1624 W 206th St, Torrance, CA 90501
Area:122 - Harbor Gateway
County:Los Angeles
City:Torrance
Zip Code:90501
Architecture
Bedrooms:
8
Bathrooms:
4
Year Built:1954
Stories:1
Building Area: 2984.0
Number of Buildings: 1
Total Units: 4
Stories Total: 1
Unit 1: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,205 actual rent • $1,205 total rent
Unit 2: 2 Units • 2 Beds • 1 Bath • Unfurnished • $1,145 actual rent • $1,145 total rent
Unit 3: 3 Units • 2 Beds • 1 Bath • Unfurnished • $1,315 actual rent • $1,315 total rent
Unit 4: 4 Units • 2 Beds • 1 Bath • Unfurnished • $2,150 actual rent • $2,150 total rent
Features / Amenities
Appliances: Refrigerator
Laundry: Common Area
Parking Features: Driveway
Parking Total: 5.0
Heating: Wall Furnace
Property Features
Lot Size:
0.16 Acres / 7,001 Sq. Ft.
Zoning:LARD1.5
Directions:From the 405 exit western turn left on W 206th
Tax and Financial Info
Gross Income: $80,100
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1624 W 206th St Torrance, CA 90501
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Based on information from California Regional Multiple Listing Service, Inc. as of June 3, 2023. 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. IDX provided by Sierra Interactive.
