1502 W W 205th Street
Torrance, CA 90501
- – beds
- – baths
- – sqft
- 7,006 sqft lot
- 2024 build
- – on site
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, eight 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!
Last checked:
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Last updated Feb 24, 2025
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MLS# P1-20966 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2024
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Year Built Source:Seller
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New Construction:Yes
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# of Buildings:2
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Stories Total:2
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Common Walls:No One Above
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# of Separate Gas Meters:5
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# of Separate Water Meters:5
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# of Separate Electric Meters:5
Interior
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Fireplace:No
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Fireplace:None
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Laundry:Gas Dryer Hookup, Washer Hookup
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Laundry:1
Location
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Directions:From Denver, Left on 205th
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Latitude:33.84449500
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Longitude:-118.30418700
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Lot Features:Sprinklers None
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Lot Size Area:7006.0000
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Lot Size Acres:0.1608
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Lot Size SqFt:7006.00
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Lot Size Source:Seller
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View:None
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Fencing:Block, Wrought Iron
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Fence:Yes
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Property Attached:1
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7351014015
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Gas Cooktop
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Included:Yes
The Community
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Subdivision:Not Applicable
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Subdivision:Not Applicable
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Features:Curbs, Street Lights
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking:Garage, Driveway, Street
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Parking Spaces:8.00
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Garage Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/23/25
Feb 23, 2025
|
Listed / Active | CRMLS_CA | $2,800,000 |