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

1624 W 206th Street

^$ 1,195,000

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1624 W 206th Street

Torrance, CA, 90501

^$ 1,195,000

Bedrooms8 Baths4.0 Sq 2,984

Monthly Estimate*

^$ 7,942

Listed by Coldwell Banker Realty

1624 W 206th Street, Torrance, CA 90501 - Image 1

1624 W 206th Street, Torrance, CA 90501 - Image 2

1624 W 206th Street, Torrance, CA 90501 - Image 3

1624 W 206th Street, Torrance, CA 90501 - Image 4

1624 W 206th Street, Torrance, CA 90501 - Image 5

1624 W 206th Street, Torrance, CA 90501 - Image 6

1624 W 206th Street, Torrance, CA 90501 - Image 7

1624 W 206th Street, Torrance, CA 90501 - Image 8

1624 W 206th Street, Torrance, CA 90501 - Image 9

1624 W 206th Street, Torrance, CA 90501 - Image 10

1624 W 206th Street, Torrance, CA 90501 - Image 11

1624 W 206th Street, Torrance, CA 90501 - Image 12

1624 W 206th Street, Torrance, CA 90501 - Image 13

1624 W 206th Street, Torrance, CA 90501 - Image 14

Multi-Family Home for sale in Torrance, CA

for $1,195,000 with 8 bedrooms and 4 full baths. This 2,984 square foot home was built in 1954 on a lot size of 0.1607.

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

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1607

Year Built

1954

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

24348875

Days on Market

133

Features

General

Heating WallFurnace

Cooling None

Appliances Refrigerator

Zoning LARD1.5

Year Built 1954

Stories 1

Levels One

Gross Income 79800.0

County Los Angeles

Net Operating Income 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions From the 405 exit western turn left on W 206th

City Torrance

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 4

MLS Area 122 - Harbor Gateway

Lot Size Units SquareFeet

Lot Size Square Feet 7001.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 206th

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Exterior

Parking Features Driveway

Total Parking 5.0

Lot Size Area 7001.0

Number of Buildings 1

Spa N

Building Area Total 2984.0

Lot Size Acres 0.1607

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Laundry Features CommonArea

Total Bedrooms 8

Electric On Property Y/N N

Total Baths 4

Internal Only

Street Number 1 1624

* Excluded Features

List By

Coldwell Banker Realty

Broker

(310) 281-3968

Phone

Affordability Calculator

$7,942

Per Month

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

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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 ^$2,384,455

Percent of Sale Price 100%

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.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/20/2024	$1,195,000		Listed Price

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1624 W 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 0.1607. 1624 W 206th Street has 8 bedrooms, 4.0 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/1/2024. 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.

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1624 W 206th Street

Multi-Family Home for sale in Torrance, CA

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