$2,700,000
 $14,494 est/mo Sourced by Back At You

1651 W 206th Street,Torrance, CA 90501

Torrance, CA 90501

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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

Details

MLS #26862991
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1978
Days On Site30
Listing Provided ByShield CRE, Inc. | Jonathan Nikfarjam

Features

Bed(s)24
Bath(s)24
SQ Feet8,976
Story(s)2
Units12
Building(s)2
ZoningLARD1.5
Acreage0.32

Parking

Parking FeaturesAssigned, Covered

Area Information

StateCA
CountyLos Angeles
CityTorrance
Zip Code90501
Area122 Harbor Gateway
Listing VS Median (in 90501)
Price:
$2,700,000
low | high
Med:
$899,888
100% of Average
sqft:
8,976
low | high
Med:
2,558
100% of Average
$ / sqft:
$301
low | high
Med:
$352
33.048175831813% of Average
On site:
30
low | high
Med:
87
34.48275862069% of Average
Sourced by Back At You

Market Activity 90501

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Learn More About This Property

StateCA
CountyLos Angeles
CityTorrance
Zip Code90501
Area122 Harbor Gateway
Listing VS Median (in 90501)
Price:
$2,700,000
low | high
Med:
$899,888
100% of Average
sqft:
8,976
low | high
Med:
2,558
100% of Average
$ / sqft:
$301
low | high
Med:
$352
33.048175831813% of Average
On site:
30
low | high
Med:
87
34.48275862069% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.25M - $3.375M
sqft: 6,500 - 11,000
Nearby Listings Property ImageNearby Listings Details
1627 W 206th Street Property Photo 1
$2,495,000
1627 W 206th Street
Torrance, CA 90501
1659 W 207th Property Photo 1
$2,200,000
1659 W 207th
Torrance, CA 90501
Listing Updated: August 6, 2026 at 7:03:05 PM PDT
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