1502 W W 205th Street, Torrance, CA 90501

$2,670,000

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Sold Price
$2,670,000
List Price
$2,750,000
Closing Date
Nov 07, 2025
Status
CLOSED
MLS#
P1-20966
Year Built
2024
Lot Size
7,006
Acres
0.16
Lot Location
Sprinklers None
Days on Market
96
Property Type
Multifamily
Property Sub Type
Apartment
Neighborhood
Not Applicable

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 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!

Additional Information

Appliances
Dishwasher, Gas Cooktop
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Gross Scheduled Income
$236,400
Operating Expense
47280

Listing courtesy of Listing Agent: Amy Weber (amyweberre@gmail.com) from Listing Office: COMPASS.

Listing sold by Martin Marquez from Circle Real Estate

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.