$2,800,000
For Sale

1502 W W 205th Street

Torrance, CA 90501
Listing OfficeCOMPASS
Browse 4 photos
Type:Multi-Family
Structure:House
Zone:Residential

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 85% completed, the property is expected to be ready for final completion and a Certificate of Occupancy in approximately 60 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!

  • Property Details
      • Lot DescriptionSprinklersNone
      • SubdivisionNot Applicable
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$2,800,000
      • Property SubtypeApartment
      • MLS #P1-20966
      • MLS #P1-20966
      • Cost2800000
      • Acres0.1608
      • Utility SourcePublic
      • Year Built2024
      • Stories2
      • Parking Spaces2

Location

Manon SchillerReal Estate Group

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