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$3,100,000   Price Analysis
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1514 W 206th St
Torrance, CA 90501
4 bed 2 bath unknown SqFt ($0/SqFt)
7,003SqFt lot. Built 2024
Listed 2024-08-19, Taxes $1,449
Ⓧ USDA Ineligible
due to price & location

near Torrance

Luxury

* Has Contingent Offer *

New construction, investment opportunity. Located in a desirable neighborhood. Only 45 days from completion, this property offers a total of 5 sizeable units, thoughtfully design ed 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, convenence and modern amenities.


Presented by Amy Weber at
COMPASS.
Listing Agent Photo

Property MLS #P1-18929 from CRMLS

Bedrooms: 4

Appliances: Gas Cooktop, Gas Range
Appliances YN: Yes
Laundry Features: In Closet

Cooling Features: Central Air
Heating Features: Central
Heating: Yes

Full Bathrooms: 2

Fencing: Fence YN: Yes, Fencing: Wrought Iron

Lot Size Acres: 0.1607668
Lot Size Source: Public Records
Lot Size Square Feet: 7003

Garage Spaces: 2
Parking Features: Parking YN: Yes, Parking Features: Garage, Driveway
Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

Community Features: Street Lights

Bedrooms in Unit-1: 4
Total Bathrooms in Unit-1: 2
Unit-1 Garage Spaces: 2

Source Listing Status: Active Under Contract
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 3500.00
Area: 122 - Harbor Gateway
Source Neighborhood: 122 - Harbor Gateway
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 5
Parcel Number: 7351013013
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$44,966 + $40,406
$85,372
$1,449
2021$44,085 + $39,614
$83,699
$1,424
2020$43,633 + $39,208
$82,841
$1,430
2019$42,778 + $38,440
$81,218
$1,387
2018$41,940 + $37,687
$79,627
$1,240
2017$41,118 + $36,949
$78,067
$1,212
2016$40,312 + $36,225
$76,537
$1,171
2015$39,707 + $35,681
$75,388
$1,153
2014$38,930 + $34,983
$73,913
$1,160
2013$38,755 + $34,825
$73,580
$1,154
2012$37,996 + $34,143
$72,139
$1,163
2010$37,251 + $33,474
$70,725
$1,143
2009$37,061 + $33,303
$70,364
$1,099
2009$36,973 + $33,224
$70,197
$1,099
2008$36,335 + $32,650
$68,985
$1,053
2007$35,623 + $32,010
$67,633
$1,010

Listed 2024-08-19
$3,100,000
CRMLS
Listing removed 2024-08-08
$0
CRMLS
Price Changed 2024-07-10
$3,100,000
CRMLS
Listed 2024-06-03
$3,200,000
CRMLS
Sold 2022-05-27
$860,000
Public Record

Net Operating Income: 210244.00

Year Built: 2024
Building Features: 2
Common Walls: 2+ Common Walls
New Construction: Yes
Property Attached: Yes
Levels or Stories: Three Or More
Year Built Source: Seller

One Hundred Eighty-Sixth Street Elementary School is a public elementary school located approximately 1.3 miles away.
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Stephen M. White Middle School is a public middle school located approximately 1.6 miles away.
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Nathaniel Narbonne Senior High School is a public high school located approximately 2.7 miles away.
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Switzer Learning Center is a private middle and high school located approximately 1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.