1651 206th
Torrance CA 90501
$2,700,000
Status: Active
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
Map Location
Phyllis Cyphers
Realtor®
DRE# 01810454
74199 El Paseo #200
Palm Desert, CA 92260
Get Direction
phyllis@phylliscyphers.com
714-323-1175
| 74199 El Paseo #200 Palm Desert, CA 92260 |
Get in Touch
Buying or selling a home? Contact us today. Looking forward to speaking with you!
Phyllis Cyphers
Realtor®
DRE# 01810454
Email: phyllis@phylliscyphers.com
Call: 714-323-1175
COMPASS IS A LICENSED REAL ESTATE BROKER LICENSED BY THE STATE OF CALIFORNIA AND ABIDES BY EQUAL HOUSING OPPORTUNITY LAWS. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. INFORMATION IS COMPILED FROM SOURCES DEEMED RELIABLE BUT IS SUBJECT TO ERRORS, OMISSIONS, CHANGES IN PRICE, CONDITION, SALE, OR WITHDRAWAL WITHOUT NOTICE. NO STATEMENT IS MADE AS TO ACCURACY OF ANY DESCRIPTION. ALL MEASUREMENTS AND SQUARE FOOTAGES ARE APPROXIMATE. THIS IS NOT INTENDED TO SOLICIT PROPERTY ALREADY LISTED. NOTHING HEREIN SHALL BE CONSTRUED AS LEGAL, ACCOUNTING OR OTHER PROFESSIONAL ADVICE OUTSIDE THE REALM OF REAL ESTATE BROKERAGE.
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