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1651 206th Street, Torrance, CA 90501
Priced at Only: $2,700,000
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Address: 1651 206th Street, Torrance, CA 90501
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  • MLS#: 26669689 ( )
  • Street Address: 1651 206th Street
  • Viewed: 6
  • Price: $2,700,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1978
  • Bldg sqft: 0
  • Days On Market: 30
  • Additional Information
  • County: LOS ANGELES
  • City: Torrance
  • Zipcode: 90501
  • Provided by: Shield CRE, Inc.
  • Contact: Jonathan Jonathan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    12 Unit Investment Opportunity in Torrance P.O. | Two Adjacent 6 Unit Apartments Each with their Own Assessor Parcel Number (APN) | All 2 Bedroom/1.5 Bathroom Units | 5.17% Current Cap Rate & 11.05 Current GRM | 8.41% Pro Forma Cap Rate & 7.98 Pro Forma GRM | Combined 14,008 SF Total Lot Size | Desirable Opportunity to Add ADUs | 1978 Construction | Property is on RUBs Program Reduces Operational Expenses for Landlord | Total of 24 Parking Spaces (Tandem) | Gated Building with 2 On Site Laundry Facilities | Roof Replaced Approximately 12 Years Ago | Located Approximately 1 Mile from Harbor UCLA Medical Center | Short Commute from Old Town Torrance, Torrance Crossroads, Torrance Business Center, and Del Amo Fashion Center
Features
Building Area Total
  1. 8976.00
Country
  1. US
Laundry Features
  1. Individual Room
Levels
  1. Two
Netoperatingincome
  1. 139577.00
Number Of Separate Electric Meters
  1. 12
Number Of Separate Gas Meters
  1. 12
Parcel Number
  1. 7351007023
Parking Features
  1. Covered
  2. Assigned
Postalcodeplus4
  1. 1628
Sourcesystemkey
  1. 26669689:CLAW
Totalexpenses
  1. 112479.00
Vacancyallowance
  1. 7795
Year Built
  1. 1978
Year Built Source
  1. Other
Zoning
  1. LARD1.5
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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