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1652 W 204th St
Torrance, CA 90501
Multifamily Property For Sale
·
11 Units
Investment Highlights
- This investment opportunity features a current Cap Rate of 6.11% with rental upside potential for a new owner!
- Built in 1988, not subject to RSO!
- Each unit has individual APN's, affording a Buyer with the possibility for a condo exit strategy (Buyer to verify).
- First time on the market ever! Seller is the original builder.
- Unit mix consists of nine large 3 Bed/2 Bath units, one 2 Bed/1.5 Bath unit, and one 1 Bed/1 Bath unit. Each unit averages over 1,180 feet!
- Property features 20 gated parking spots, individual unit water heaters, and other premium amenities. Several units also have balconies.
Property Facts
| No. Units | 11 | Lot Size | 0.32 AC |
| Property Type | Multifamily | Building Size | 13,010 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1988 |
| Building Class | B | ||
| Zoning | LARD1.5 | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.32 AC |
| Building Size | 13,010 SF |
| No. Stories | 3 |
| Year Built | 1988 |
| Zoning | LARD1.5 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 9 | - | - |
| 2+1.5 | 1 | - | - |
| 1+1 | 1 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,379,977 | |
| Land Assessment | $478,451 | Total Assessment | $1,858,428 |
Property Taxes
Parcel Numbers
Land Assessment
$478,451
Improvements Assessment
$1,379,977
Total Assessment
$1,858,428
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