Description
Located in an outstanding location in torrance po, 1652 w. 204th street presents a rare opportunity to acquire a well-maintained, 11-unit multifamily property in one of los angeles county’s most desirable rental markets. on the market for the first time since it's construction, this asset is being sold by it's original
builder and has been thoughtfully maintained over the years. the property offers investors a stable income stream in an area known for its strong tenant demand. the property consists of (9) three-bedroom units, (1) two-bedroom unit, and (1) one-bedroom unit, providing a well-balanced unit mix that appeals to a wide range of renters. each unit is separately metered and features its own apn, offering future flexibility for a potential condo
conversion strategy (buyer to verify). the demand for homeownership in torrance remains strong, and the ability to sell units individually in the future may presents an unique option for long-term investment planning. torrance continues to experience significant growth, with major redevelopment projects, including the transformation of the south bay galleria into a premier mixed-use destination, further enhancing the area's desirability. the del amo fashion center, one of the largest shopping malls in the united states, provides residents with an array of retail, dining, and entertainment options, while the city’s well-regarded school district and expansive park system contribute to its longstanding appeal. offered at $4,450,000, this property provides a compelling investment in a market with consistently high occupancy rates and strong rental demand. with its prime location, established rental history, and future condo conversion potential, this is an exceptional opportunity to acquire a multifamily asset in a highly sought-after area of the south bay.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48858220
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
-
Exterior Features
Building Information
- Year Built: 1988
- Building Area Total: 13,010
Pool Features
- None
Laundry Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3214
- Lot Size Source: Public Records
- Lot Size Square Feet: 14001
-
Listing Information
Listing Price Information
- Original List Price: 4,450,000
- Listing Contract Date: 2025-03-05
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7351006041
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Directions: 204th Street
- Source Property Type: Residential Income
- Area: 699 - Not Defined
- Property SubType: Apartment
Building and Construction
- Property Age: 37
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: Front
- Property Attached: Yes
- Levels or Stories: Three Or More
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BuyOwner last updated this listing 04/02/2025 @ 04:22
- MLS: SB25049003
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 13,010 sqft, 14,001 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Torrance , in zip code 90501, this Los Angeles County Home , it is in the Not Applicable Subdivision, are nearby neighborhoods.