1651 W 206th Street
Property Overview
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
Home Details
- Property type
- Residential Income
- Year built
- 1978
- Living area
- 8,976 sq ft
- Lot size
- 14,008 sq ft
- Parking
- 24 spaces
- Stories
- 2
- Days on market
- 0
- MLS status
- Active
- Zoning
- LARD1.5
Features & Amenities
Parking
- Assigned
- Covered
Location & Neighborhood
Frequently Asked Questions About 1651 W 206th Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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