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1605 W 207th Street, Torrance, CA 90501

Fourplex · 2 recorded sales since 2021

1605 W 207th Street, Torrance, CA 90501 Sold September 2023 CRMLS
$3,000,000Sold September 2023

Listing Agent: XIO SANDOVAL (DRE #01308913) · Listing Office: CENTURY 21 REALTY MASTERS · Contact: 323-722-7300 · Bought with: XIO SANDOVAL · CENTURY 21 REALTY MASTERS · MLS #MB23157031 · Source: CRMLS

7,008 sqft
Lot Size
2023
Year Built
Fourplex
Type
4
Garage
CentralAir
Cooling
Central
Heating
CityLights, Neighborhood
View

About this fourplex

LIKE NO OTHER: 1605 W. 207th St is a newly constructed 5-unit (fourplex + 2 story ADU) townhouse style apartment building located in the City of Torrance! Completed in 2023, this property is composed of two three-story structures & 1 stand-alone structure with a combined 8,227 SQFT of rentable space sitting on a large 7,008 lot with enough space for easy entry and exit access. The units at this property are significantly larger than other for-rent units typically found in the South Bay market and are perfectly positioned for multi-generational families and work-from-home roommate environments. NON-RENT-CONTROLLED 5-unit made up of (4) 4 bedroom/4.5 bathrooms tri-level townhomes with balconies and (1) one of a kind designed 1 bedroom/1.5-bathroom ADU-must see to appreciate! In addition to the high return, buyers will enjoy other perks including: NO RENT CONTROL, 4 attached garages & 4 additional parking spaces, tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come! Tour this property today and and embark on a journey of Luxury, Style and Urban Living at its Finest in Torrance! Minutes away from Redondo Beach, Del Amo Fashion Center, Torrance Promenade, Towne Center and coffee/dining favorites. Commuters enjoy the close proximity to interstate freeways 110 & 405, connecting residents to employment hubs throughout Los Angeles and Orange Counties. Bonus: 1 UNIT is now leased ($4,250). All 1031 exchange Buyers welcome-take advantage of a true 6% cap rate in one of the most sought after cities in the South Bay!

Listing description from the September 2023 sale, as reported to CRMLS.

Sale history

$3,000,000
Sold September 2023 · on market August 2023 · MLS #MB23157031 · Source: CRMLS
Listing Agent: XIO SANDOVAL · Listing Office: CENTURY 21 REALTY MASTERS · Contact: 323-722-7300 · Bought with: XIO SANDOVAL · CENTURY 21 REALTY MASTERS
$700,000
Sold October 2021 · on market October 2021 · MLS #21796978 · Source: CRMLS
Listing Agent: Jerome McAlpin · Listing Office: McAlpin & Company · Contact: 310-437-4172 · Bought with: Jerome McAlpin · McAlpin & Company
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