$1,195,000

1624 206th Street, Torrance 90501

8

Beds

4

Baths

2,984

Square feet

7,001

Lot Size

4

# Of Units

Listing Agent
Marcus Kassin - Coldwell Banker Realty

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.

Facts & Features

MLS® # 24348875
Price $1,195,000
Bedrooms 8
Bathrooms 4.00
Square Footage 2,984
Lot Size 7,001
Year Built 1954
Type Residential Income
Status Active
# Of Units 4

Community Information

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

Amenities

Parking Spaces 5
Parking Driveway
Garages Driveway
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator
Heating Wall Furnace
Cooling None
Has Basement No
Fireplace No
# of Stories 1
Stories One

Additional Information

Date Listed January 17th, 2024
Days on Market 111
Zoning LARD1.5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMarcus Kassin
OfficeColdwell Banker Realty

Listing Map

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