1508 W 206th Street, Torrance, CA 90501

Sold Price
$2,825,000
List Price
$3,100,000
Closing Date
Nov 08, 2024
Status
CLOSED
MLS#
P1-18927
Year Built
2024
Lot Size
7,003
Acres
0.16
Lot Location
Sprinklers None
Days on Market
0
Property Type
Multifamily
Stories
Three Or More Levels
Neighborhood
Not Applicable

Property Description

Luxury, new construction, investment opportunity. Located in a desirable neighborhood. Only 45 days from completion, this property offers a total of 5 spacious units, thoughtfully designed to provide modern comfort and style. Four expansive units, each featuring four bedrooms and four bathrooms. One large Accessory Dwelling Unit (ADU) featuring four bedrooms and two bathrooms, with one ADA-compliant bath for added accessibility. Gourmet kitchens with sleek quartz countertops, perfect for both everyday cooking and entertaining.Energy-efficient windows and recessed lighting throughout. Private laundry rooms in each unit, Eco-friendly living with a fully paid-off solar system, promoting sustainability and reducing energy expenses. Ample parking options, including two garages at the rear building with tandem parking for four vehicles, plus additional parking on both sides of the building, accommodating up to four more vehicles. Balconies for each main unit. Modern touches throughout the building, creating a contemporary and stylish living experience. Tenants are responsible for 100% of their utilities, streamlining management and enhancing investment returns. No rent control, offering flexibility and potential for significant rental income. Don't miss out on this exceptional investment property, blending luxury, convenience, and modern amenities.

Additional Information

Appliances
Gas Cooktop, Gas Range
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Garage Spaces Total
4
Attached Structure
Attached
Gross Scheduled Income
$248,400
Operating Expense
38156

Listing courtesy of Listing Agent: Amy Weber (amyweberre@gmail.com) from Listing Office: COMPASS.

Listing sold by Cecilia Lee from Travis Baron - Broker

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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.