1624 West 206th Street

Torrance, CA 90501

$1,195,000
Price
8
Beds
4
Baths
2,984 Sq. Ft.
$400 / Sq. Ft.
2,984
Sq. Ft.
$400
per Sq. Ft.

Description

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...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.
  1. Listed by Marcus Kassin • DRE #01216904 • Brokerage DRE #01464847 • Coldwell Banker Realty
  2. Listed by Joshua Kamali • DRE #02191899 • Brokerage DRE #00702131 • Pellego, Inc.

Property Details for 1624 West 206th Street

Zoning
LARD1.5
Parcel Number
7351008007
Total Units
4.0
Living Area
2984
Source Living Area
Developer
Area
Harbor Gateway (122)
Vacancy Rate
0
Lot Size Area
7001

Location

Listing Courtesy of Coldwell Banker Realty, Marcus Kassin, DRE #01216904; Pellego, Inc., Joshua Kamali, DRE #02191899
Add your commute
LISTING UPDATED: 01/25/2024 12:01 AM

Property Details for 1624 West 206th Street

StatusActive
MLS #24-348875
Days on Market106
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
Lot Size0.16 AC / 7,001 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Marcus Kassin, DRE #01216904; Pellego, Inc., Joshua Kamali, DRE #02191899
Add your commute

Building Information for 1624 West 206th Street

Stories1Residences-Year Built1954Building Size-Lot Size0.16 AC / 7,001 SF

Payment Calculator

$7,641 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,522

Property Taxes

$1,119

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1624 West 206th Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: 2 plus 1
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $79,800
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 9883
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1607
  • Lot Size Square Feet: 7001
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 5
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Refrigerator, Range/Oven
  • Laundry: Community
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 01-20-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,150.00
  • Unit Actual Rent: $2,150.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,240.00
  • Unit Actual Rent: $1,240.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,355.00
  • Unit Actual Rent: $1,355.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,180.00
  • Unit Actual Rent: $1,180.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $226,504.00
  • Assessed Improvement Percent: 37.81
  • Assessed Land Value: $372,599.00
  • Assessed Land Percent: 62.19
  • Assessed Total Value: $599,103.00

Property History for 1624 West 206th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1624 West 206th Street

Taxable ValueLand$714,000Additions$336,600Total$1,050,600
Tax Record2023$13,426 ($1,119 / month)
Home Facts
Total Finished SqFt2,322 SqFtAbove Grade Finished SqFt2,322 SqFtLot Size7,001 SqFtStyleTriplexYear Built1954ZoningLARD1.5CountyLOS ANGELESAPN7351-008-007

Schools near 1624 West 206th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 12
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Nathaniel Narbonne Senior High School
Public9 to 12

New Millennium Secondary
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1624 West 206th Street is a multi-family home for sale in Torrance, CA 90501. This property was listed for sale on January 17, 2024 by Coldwell Banker Realty, it's currently listed at $1,195,000. It has been on the market for a total of 106 days and was last sold on May 18, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include One Hundred Eighty-Sixth Street Elementary School, William J. Johnston Community Day School and Nathaniel Narbonne Senior High School. 1624 West 206th Street is a 8-bed, 4-bath, 2,984 sqft multi-family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Marcus Kassin, DRE #01216904; Pellego, Inc., Joshua Kamali, DRE #02191899

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.