1624 West 206th Street Torrance, CA ^$ 1,195,000

1624 West 206th Street

^$ 1,195,000

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1624 West 206th Street

Torrance, CA, 90501

^$ 1,195,000

Studio Baths0.0 Sq 2,984

Monthly Estimate*

^$ 7,942

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Studio

Multi-Family Home for sale in Torrance, CA

for $1,195,000. This 2,984 square foot home was built in 1954 on a lot size of 0.16.

Amazing investment opportunity! Best income to cost ratio in the area, 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 four 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.

Multi-Family Active

Price

^$ 1,195,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.16

Year Built

1954

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

0024348875

Features

General

Heating Wall Furnace

Zoning LARD1.5

Year Built 1954

Levels One

County Los Angeles

Net Operating Income 0.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Torrance

Buyer Agent Compensation 2.50

Senior Community Y/N No

MLS Area 122 - Harbor Gateway

Lot Size Square Feet 7001.0

Street Name 206th

Standard Status Active

Buyer Agent Compensation Type %

Interior

Kitchen Appliances Refrigerator

Total Stories 1

Air Conditioning Y/N No

Heating Y/N Yes

Street Suffix Street

Laundry Features Community

Total Baths 0

Exterior

Parking Features Driveway

Lot Size Area 7001.0

Foundation Details None

Building Area Total 2984.0

Lot Size Acres 0.16

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Marcus Kassin

Listing Agent

Coldwell Banker Realty

Broker

Affordability Calculator

$7,942

Per Month

Monthly Principal & Interest: $7,942
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Torrance, CA

Average List Price ^$2,341,464

Percent of Sale Price 96%

About Torrance, CA

145,215 Population

5% Since 2002

^$83,626 Median Income

43.39 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/23/2024	$1,195,000		Listed Price

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1624 West 206th Street, Torrance, CA, 90501 is a Multi-Family Home for sale at $1,195,000 with 2,984 sqft and a lot size of 0.16. 1624 West 206th Street is a studio with 0.0 baths and was built in 1954. The property's zip code is 90501 which is in Torrance, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1624 West 206th Street

Multi-Family Home for sale in Torrance, CA

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