1502 West. W 205th St., Torrance, CA 90501 - P1-20966 - iPro Real Estate

1502 West. W 205th St.
Torrance, CA 90501

Active, Multi-Family/Income Sale

New Listing
For Sale

$2,800,000 $399.66 per sqft

Free Professional CMA

Listing ID : P1-20966

  • Garage

    2
  • Lot Size

    7,006 Sqft
  • Year

    2024

Description

This 2025 Brand new construction, modern multi-unit property offers incredible potential for investors seeking high-quality units in a rapidly appreciating area without the constraints of rent control. With two of the five units designated as affordable housing, the property provides long-term appreciation, tax benefits, and an unparalleled low-risk investment opportunity. Situated in a coveted Opportunity Zone, this asset represents a rare chance to secure a prime piece of real estate at an excellent price. The property sits on a 7,006 sqft lot with a total living space of 9,000 sqft. It features 18 bedrooms and 18 bathrooms across five luxury units. Tenants pay their own utilities, and the property is equipped with paid-off solar for significant energy savings. Two separate driveways, eight parking spaces, and a two-car garage provide added convenience for both tenants and owners. Currently 85% completed, the property is expected to be ready for final completion and a Certificate of Occupancy in approximately 60 days. This presents a great opportunity to acquire a property just before it reaches full occupancy and maximizes its investment potential. Located near the vibrant Old Town Torrance, residents will enjoy easy access to high-end restaurants, trendy shops, and local amen

Details

Type: Multi-Family/Income Sale 
Subdivision: 122 - Harbor Gateway 
County: Los Angeles 
Security Features: Smoke Detector(s)/Alarm(s) 
Tax ID: 7351014015
Cap Rate: 6.75% 
Days on Market: 2 
AltCal ID: CRP1-20966 
Kitchen: Dishwasher, Other 
Laundry: Gas Hookup, 30 
Number of Buildings: 2 
Parking Spaces: 8 
Property Type: Commercial Sale 
View: None 
Water: District - Public 

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33.832401 -118.341003 $2,800,000 P1-20966
1502 West. W 205th St., Torrance, CA 90501
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Listed by Amy Weber with COMPASS

Based on information from the MLSListings MLS) as of 2/24/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 2/24/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2025 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes