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Listed by Amy Weber • COMPASS
$ 2,750,000
Est. payment /mo
Price Dropped by $50K
1502 W W 205th ST Torrance, CA 90501
7,006 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRP1-20966
Originating Board California Regional MLS
Year Built 2024
Lot Size 7,006 Sqft
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 amenit
Location
State CA
County Los Angeles
Area 122 - Harbor Gateway
Rooms
Kitchen Dishwasher, Other
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Gas Hookup, 30
Exterior
Parking Features Garage, Off-Street Parking, Other
Garage Spaces 8.0
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 7351014015
Special Listing Condition Not Applicable
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