1624 W 206th Street, Torrance, CA 90501

$1,199,000
8
BD
4
BA
2,984
SqFt
List Price
$1,199,000
Status
ACTIVE
MLS#
23274037
Year Built
1954
Bedrooms
8
Bathrooms
4
Living Sq. Ft
2,984
Lot Size
7,001
Acres
0.16
Days on Market
4
Property Type
Multifamily

Property Description

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.

Additional Information

Appliances
Refrigerator
Heat
Wall Furnace
Cooling Description
None
Attached Structure
Detached
Number Of Units Total
4

Listing courtesy of Listing Agent: Marcus Kassin (marcus.kassin@gmail.com) from Listing Office: Coldwell Banker Realty.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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.