1624 206th Street, Torrance

$1,195,000

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8 Beds
4 Baths
2,984 Sqft
.16 Acre
0 Garage

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.

Essential Information

MLS® #
24348875
Price
$1,195,000
Bedrooms
8
Bathrooms
4.00
Square Footage
2,984
Acres
0.16
Year Built
1954
Type
Residential Income
Status
Active

Community Information

Address
1624 206th Street
Area
122 - Harbor Gateway
City
Torrance
County
Los Angeles
Zip Code
90501
Senior Community
N

Amenities

Parking Spaces
5
Parking
Driveway
Garages
Driveway

Interior

Appliances
Refrigerator
Heating
Wall Furnace
Cooling
None
# of Stories
1
Stories
One

Additional Information

Date Listed
January 17th, 2024
Days on Market
113
Zoning
LARD1.5

Listing Details

Agent
Marcus Kassin
Office
Coldwell Banker Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of May 9th, 2024 at 5:25am PDT. 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.