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1638 W 207th St
Torrance, CA 90501
1638 West 207th Street · Multifamily Property For Sale
·
5 Units
Investment Highlights
- 1986 Construction | Not Subject to L.A. City RSO - Defaults to AB 1482 | Ten Parking Spaces
- Large Lot Presents Desirable Opportunity to Add ADUs at Rear Parking Area | Located Less Than 1 Mile from Harbor-UCLA Medical Center
- 4,912 SF Building on a Large 7,501 SF Lot | On-Site Laundry Facility – Generates Additional Annual Income
- Outstanding Unit Mix of (One) 3-Bed/2-Bath Unit, (One) 3-Bed/1.75-Bath Unit, (One) 2-Bed/1.75-Bath Unit & (Two) 2-Bed/1-Bath Units
- 4.90% Current Cap Rate & 12.39 Current GRM | 7.89% Pro-Forma Cap Rate & 8.97 Pro-Forma GRM
- Short Commute from Old Town Torrance, Torrance Crossroads, Torrance Business Center, and Del Amo Fashion Center
Property Facts
| No. Units | 5 | Building Size | 4,912 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | C | Parking Ratio | 2.04/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,912 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 2.04/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Pantry
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | $1,900 | - |
| 2+2 | 1 | $1,490 | - |
| 2+1 | 2 | $1,895 | - |
Property Taxes
| Parcel Number | 7351-009-004 | Improvements Assessment | $430,993 |
| Land Assessment | $511,037 | Total Assessment | $942,030 |
Property Taxes
Parcel Number
7351-009-004
Land Assessment
$511,037
Improvements Assessment
$430,993
Total Assessment
$942,030
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