1502 West W 205th Street Active Save Request In-Person Tour Request Virtual Tour
Torrance,CA 90501
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-20966
Year Built 2024
Lot Size 7,006 Sqft
Property Sub-Type Apartment
Property 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, 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!
Location
State CA
County Los Angeles
Area 122 - Harbor Gateway
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Laundry Gas Dryer Hookup,Washer Hookup
Exterior
Parking Features Garage,Street,Driveway
Garage Spaces 2.0
Pool None
Community Features Curbs,Street Lights
View Y/N No
View None
Building
Lot Description Sprinklers None
Sewer Public Sewer