1651 W 206th Street, Torrance, CA 90501
List Price: $2.7M
Listing Status: Active
0Days on Market: 0
24 Bedrooms · 24 Bathrooms · 8,976 sq ft
Property Type: ResidentialIncome
Year Built: 1978
Lot Size: 14,008 sq ft
MLS Number: 26862991
About This Property
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
Listing provided by: Jonathan Nikfarjam DRE #01856803 310-593-9869 jonathan@shieldcre.com, Shield CRE, Inc.
Source: CRMLS, MLS #: 26862991
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.