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1619-1627 W 206th St 12 Unit Apartment Building $2,495,000 ($207,917/Unit) 5.30% Cap Rate Torrance, CA 90501
Investment Highlights
- Prime Torrance P.O. Location - Easy Access to Old Town Torrance and 405 Freeway
- Major CapEx Completed - New Roofs, New Paint, Upgraded Exterior Walkways
- Significant Value-Add Potential - Current Rents 25% Below Market
Executive Summary
Bella Vista is a 12-unit apartment property located in the Torrance P.O. neighborhood of Los Angeles. The property consists of two 6-unit buildings with a rentable square footage of 7,756 square feet and is situated on two parcels totaling 14,007 square feet. Built in 1964, the property is subject to the City of Los Angeles Rent Control Ordinance. The subject property consists of 8 one-bedroom / one-bath units, and 4 two-bedroom / one-bath units. Parking consists of a total of 12 uncovered spaces located at the rear of the property. The building is separately metered for electricity and gas. Ownership has recently upgraded the elevated walkways, painted the building, and added a high-end camera system for tenant safety.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,495,000 | Apartment Style | Low-Rise |
| Price Per Unit | $207,917 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.32 AC |
| Cap Rate | 5.30% | Building Size | 7,756 SF |
| Gross Rent Multiplier | 10.79 | No. Stories | 2 |
| No. Units | 12 | Year Built | 1964 |
| Property Type | Multifamily | Parking Ratio | 1.33/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RD1.5 - Restricted Density Multiple Dwelling | ||
| Price | $2,495,000 |
| Price Per Unit | $207,917 |
| Sale Type | Investment |
| Cap Rate | 5.30% |
| Gross Rent Multiplier | 10.79 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 7,756 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.33/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RD1.5 - Restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,551 | 595 |
| 2+1 | 4 | $1,713 | 750 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 7351-007-018 | Improvements Assessment | $353,413 |
| Land Assessment | $369,423 | Total Assessment | $722,836 |
Property Taxes
Parcel Number
7351-007-018
Land Assessment
$369,423
Improvements Assessment
$353,413
Total Assessment
$722,836
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1619-1627 W 206th St
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