1518 W 206th, Los Angeles, CA 90501
- $1,800,000
- List Price
- $1,800,000
- Status
- ACTIVE
- MLS#
- PW26151757
- Year Built
- 1992
- Lot Size
- 7,006
- Acres
- 0.16
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 12
- Property Type
- Single Family Residential
- Style
- Contemporary
- Property Sub Type
- Single Family Residence
- Stories
- Two Levels, Three Or More Levels
Property Description
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.
Additional Information
- Appliances
- Built-In Range
- Pool Description
- None
- Heat
- Floor Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Sewer
- Sewer Tap Paid
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $12,000
- Operating Expense
- 1000
Listing courtesy of Listing Agent: Dave Alo (dave.alo@camoves.com) from Listing Office: Coldwell Banker Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.