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$1,195,000   Price Analysis
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1624 W 206th St
Torrance, CA 90501
8 bed 4 bath 2,984 SqFt ($400/SqFt)
7,001SqFt lot. Built 1954
Listed 2024-01-20, Taxes $7,793
Ⓧ USDA Ineligible
due to price & location

near Torrance

Amazing investment opportunity!

* No Longer For Sale *
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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 PRISTINE 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 fl ooring 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 mor. This building is well maintained and is centrally located to shops, dining and freeway. Drive by only. Access to units with accepted offer.


Presented by Marcus Kassin at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #24-348875 from TheMLSCLAW

Bedrooms: 8

Total Bathrooms: 4
Full Bathrooms: 4

Laundry Facilities: Community
Laundry Features: Community

Heating Features: Wall

Lot Size Acres: 0.1607208
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7001

Garage Description: Driveway
Parking Total: 5

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 4
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 2150, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 1800, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 2000, 4 BedsTotal: 2, 4 BathsTotal: 1, 4 SquareFeet: 1800

Source Listing Status: Sold
County: Los Angeles
Directions: From the 405 exit western turn left on W 206th
Source Property Type: Residential Income
Area: Harbor Gateway
Source Neighborhood: Harbor Gateway
Parcel Number: 7351-008-007
Postal Code Plus 4: 1615
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$226,504 + $372,599
$599,103
$7,793
2021$222,063 + $365,294
$587,357
$7,688
2020$219,787 + $361,549
$581,336
$7,759
2019$215,478 + $354,460
$569,938
$7,467
2018$211,253 + $347,510
$558,763
$7,305
2017$207,111 + $340,697
$547,808
$7,147
2016$203,050 + $334,017
$537,067
$6,971
2015$200,000 + $329,000
$529,000
$6,866
2014$118,857 + $204,926
$323,783
$4,436
2013$118,320 + $204,000
$322,320
$4,426
2012$142,300 + $257,700
$400,000
$5,539
2010$186,000 + $337,000
$523,000
$7,123
2009$228,888 + $416,160
$645,048
$8,415
2009$186,000 + $337,000
$523,000
$8,415
2008$224,400 + $408,000
$632,400
$8,049
2007$107,832 + $91,773
$199,605
$2,838

Sold 2024-07-26
$1,195,000
TheMLSCLAW
Listed 2024-01-20
$1,195,000
TheMLSCLAW
Listing removed 2023-09-05
$0
TheMLSCLAW
Price Changed 2023-06-15
$1,175,000
TheMLSCLAW
Listed 2023-05-25
$1,199,000
TheMLSCLAW
Listing removed 2023-04-10
$0
TheMLSCLAW
Price Changed 2023-02-13
$1,199,000
TheMLSCLAW
Price Changed 2023-02-10
$1,225,000
TheMLSCLAW
Listed 2023-01-20
$1,249,000
TheMLSCLAW
Sold 2022-05-18
$1,030,000
CRMLS
Sold 2018-12-14
$529,000
CRMLS
Sold 2014-12-31
$529,000
Public Record
Listed 2014-11-19
$529,000
CRMLS
Sold 2012-06-21
$316,000
CRMLS
Relisted 2011-11-20
$314,000
SoCalMLS
Listing removed 2011-11-08
$314,000
SoCalMLS
Relisted 2011-10-25
$314,000
SoCalMLS
Listing removed 2011-10-01
$314,000
SoCalMLS
Listed 2011-09-19
$314,000
CRMLS
Listed 2011-09-19
$314,000
SoCalMLS
Sold 2007-01-19
$620,000
Public Record
Sold 1999-07-30
$174,000
Public Record

Total Square Feet Living: 2984
Year Built: 1954
Levels: One Level
Living Area Source: Developer
Property Age: 70
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Vendor Enhanced

Other Equipment: Refrigerator, Range/Oven

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 1.7 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 0.9 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.