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1651-1655 W 206th St
Torrance, CA 90501 Harbor

$2,700,000 USD

Apartments For Sale  •  8,976 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,976 SF
  • Lot Size 0.32 AC
  • Building Class C
  • Year Built 1978
  • Cap Rate 5.17 %
  • Zoning LARD1.5
50 Transit Score
50 Walk Score

Highlights

12-Unit Investment Opportunity in Torrance P.O. | Combined 14,008-SF Total Lot Size | 1978 Construction
Two Adjacent 6-Unit Apartments - Each with their Own Assessor Parcel Number (APN) | All 2-Bedroom/1.5-Bathroom Units
5.17% Current Cap Rate & 11.05 Current GRM | 8.41% Pro-Forma Cap Rate & 7.98 Pro-Forma GRM
Desirable Opportunity to Add ADUs | Property is on RUBs Program - Reduces Operational Expenses for Landlord | Total of 24 Parking Spaces (Tandem)
Gated Building with 2 On-Site Laundry Facilities | Roof Replaced Approximately 12 Years Ago
Located Approximately 1 Mile from Harbor-UCLA Medical Center | Short Commute from Old Town Torrance, Torrance Crossroads and Del Amo Fashion Center

Financial Summary (Actual)

Net Operating Income: $139,577 USD (2025)
Cap Rate: 5.17 %
Total Expenses: $112,480 USD

Major Tenants

Tenant SF Occupied Lease End Date
PMA - 1651 - 1655 W 206th St

Amenities

  • Laundry Facilities

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 16 min - 11.1 mi
Los Angeles International 17 min - 11.8 mi
Bob Hope 43 min - 33.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 24
Type: Covered
Included in Rent: Yes
Jonathan Nikfarjam 310-593-9868 Shield Commercial Real Estate
Jonathan Nikfarjam 310-593-9868 Shield Commercial Real Estate