$3,000,000
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SOLD DATE : 09/28/2023
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MB23157031
Sold Date 09/28/23
Construction Status Turnkey
HOA Y/N No
Year Built 2023
Property Sub-Type Quadruplex
Property Description
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!
Location
State CA
County Los Angeles
Area 122 - Harbor Gateway
Interior
Interior Features Balcony, Multiple Staircases
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance 6 Burner Stove, Dishwasher, Gas Oven, Gas Water Heater
Laundry Inside
Exterior
Parking Features Assigned
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Street Lights, Sidewalks
View Y/N Yes
View City Lights, Neighborhood
Total Parking Spaces 8
Private Pool No
Building
Lot Description Yard
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Private
Architectural Style Contemporary
Level or Stories Three Or More
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 7351008014
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with XIO SANDOVAL CENTURY 21 REALTY MASTERS

johnherkenrath@epiquerealty.com
<a href="https://maps.app.goo.gl/pirboN7SMpBm6tb18" target="_blank">3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359 </a>







