Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

4

Building size

4,937 sqft

Lot size

7,006 sqft

Year built

1992

Stories

2

Garage spaces

0

Style

Contemporary

Heating

Floor Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

1

MLS #

244873850

About this property

Incredible investment opportunity in the heart of Torrance! This premium, two-story 4-unit apartment building delivers the perfect blend of high-yield rental income, modern upgrades, and an unbeatable South Bay location.High-Demand Unit MixThree 3-Bed / 2-Bath Units: Spacious layouts spread across a desirable two-story design, offering maximum comfort for families or long-term tenants.One 2-Bed / 2-Bath Unit: Highly upgraded with premium finishes, modern flooring, and contemporary fixtures—perfect for an owner-user or a premium rental rate.Premium Property Features Secure Parking: Features a secure, gated entry leading to dedicated parking spaces situated safely at the back of the property.Turnkey Condition: Thoughtfully updated and meticulously maintained, significantly minimizing future maintenance costs and capital expenditures.Prime South Bay Location: Desirable Torrance neighborhood known for its award-winning school district, low vacancy rates, and strong rental appreciation.Whether you are looking to expand your real estate portfolio or execute a 1031 exchange, this cash-flowing, two-story asset is a rare find in one of Southern California's strongest rental markets.

Location

1518 W 206th

Los Angeles, Los Angeles, CA, 90501