1651 W 206th Street

About This Property

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

Neighborhood

This property is located in Torrance. Want to learn more about the area?

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Listing courtesy of Shield CRE, Inc.

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$2,700,000

Est. Monthly Payment

$17,253/mo

20% down · 6.5% rate · 30yr

Run the Numbers

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Listing Agent

Jonathan Nikfarjam

Shield CRE, Inc.