Torrance, CA 90501 1502 W W 205th Street

1502 W W 205th Street Torrance, CA - Image 11502 W W 205th Street Torrance, CA - Image 21502 W W 205th Street Torrance, CA - Image 3
Presented By: Amy Weber with COMPASS - (818) 568-4243
  • I-Tech MLS - 227 - CA
  • MLS# P120966
  • 02/23/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 18
  • Baths • 18
  • Garage • 2

Home Details

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, six parking spaces, and a two-car garage provide added convenience for both tenants and owners. Currently 90% completed, the property is expected to be ready for final completion and a Certificate of Occupancy in approximately 30 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 amenities.Don't miss the chance to own a brand-new, high-quality property in this prime location. With immediate income potential, low-risk long-term benefits, and a community-focused investment, this multi-unit property is an opportunity you won't want to let slip away. Act now to secure this amazing asset for your portfolio!
Presented By: Amy Weber with COMPASS - (818) 568-4243

Interior Features for 1502 W W 205th Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Common WallsNo One Above
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasher Hookup, Gas Dryer Hookup
Total Stories2

General for 1502 W W 205th Street

AppliancesDishwasher, Gas Cooktop
Cap Rate7.2
CityTorrance
Community FeaturesCurbs, Street Lights
CoolingCentral Air
CountyLos Angeles
DirectionsFrom Denver, Left on 205th
Fuel Expense
Garage Spaces2
Garage Y/NYes
Gross Income236400
HOA Fee$
HeatingCentral
Insurance Expense32760
Land Lease Y/NNo
Lot Size Square Feet7006
Lot Size UnitsSquare Feet
MLS Area122 - Harbor Gateway
Net Operating Income198120
New ConstructionYes
Operating Expense47280
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Standard StatusActive
StatusActive
Subdivision NameNot Applicable
Tax Lot1
Tenant PaysAll Utilities
Trash Expense0
ViewNone
Year Built2024
Year Built SourceOwner

Exterior for 1502 W W 205th Street

FencingBlock, Wrought Iron
Lot FeaturesSprinklers None
Lot Size Acres0.1608
Lot Size Area7006
Lot Size SourceOwner
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters5
Parking FeaturesDriveway, Garage, On Street
SpaNo
Total Parking8
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,750,000
MLS#P120966
List Date 02/23/2025
Property Type Income
Phone 714.742.6515
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Request Info
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