Torrance, CA 90501,1514 W 206th Street

$2,825,000

$3,100,000

8.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

2 Baths

7,003 Sqft Lot


SOLD DATE : 11/12/2024

Key Details

Sold Price $2,825,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-18929

Sold Date 11/12/24

Bedrooms 4

HOA Y/N No

Lot Size 7,003 Sqft

Property Description

Luxury, new construction, investment opportunity. Located in a desirable neighborhood, this property offers a total of 5 spacious units, thoughtfully designed to provide modern comfort and style. Four expansive units, each featuring four bedrooms and four bathrooms. One large Accessory Dwelling Unit (ADU) featuring four bedrooms and two bathrooms, with one ADA-compliant bath for added accessibility. Gourmet kitchens with sleek quartz countertops, perfect for both everyday cooking and entertaining.Energy-efficient windows and recessed lighting throughout. Private laundry rooms in each unit, Eco-friendly living with a fully paid-off solar system, promoting sustainability and reducing energy expenses. Ample parking options, including two garages at the rear building with tandem parking for four vehicles, plus additional parking on both sides of the building, accommodating up to four more vehicles. Balconies for each main unit. Modern touches throughout the building, creating a contemporary and stylish living experience. Tenants are responsible for 100% of their utilities, streamlining management and enhancing investment returns. No rent control, offering flexibility and potential for significant rental income. Don't miss out on this exceptional investment property, blending luxury, convenience, and modern amenities.
Luxury, new construction, investment opportunity. Located in a desirable neighborhood, this property offers a total of 5 spacious units, thoughtfully designed to provide modern comfort and style. Four expansive units, each featuring four bedrooms and four bathrooms. One large Accessory Dwelling Unit (ADU) featuring four bedrooms and two bathrooms, with one ADA-compliant bath for added accessibility. Gourmet kitchens with sleek quartz countertops, perfect for both everyday cooking and entertaining.Energy-efficient windows and recessed lighting throughout. Private laundry rooms in each unit, Eco-friendly living with a fully paid-off solar system, promoting sustainability and reducing energy expenses. Ample parking options, including two garages at the rear building with tandem parking for four vehicles, plus additional parking on both sides of the building, accommodating up to four more vehicles. Balconies for each main unit. Modern touches throughout the building, creating a contemporary and stylish living experience. Tenants are responsible for 100% of their utilities, streamlining management and enhancing investment returns. No rent control, offering flexibility and potential for significant rental income. Don't miss out on this exceptional investment property, blending luxury, convenience, and modern amenities.

Location

State CA

County Los Angeles

Area Torrance (90501)

Zoning Seller

Interior

Cooling Central Forced Air

Building

Lot Size Range 4000-7499 SF

Level or Stories 3 Story

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Amy Weber • COMPASS
Bought with Cecilia Lee • Re/Max Premier Realty
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.