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Sold for $2,825,000
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  • Listed by: COMPASS • Amy Weber • Contact: 818-568-4243
    Bought with: Re/Max Premier Realty
    Tax assessed value
    $2,825,000

    1508 W 206th St, Torrance, CA 90501

    4beds
    4baths
    --sqft
    Multi Family
    Built in 2024
    -- sqft lot
    $1,788,500 Zestimate®
    $--/sqft
    $3,058 Estimated rent

    Home value

    $1,788,500

    $1.57M - $2.04M

    $3,058/mo

    Zestimate® history
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    What's special

    Luxury, new construction, investment opportunity. Located in a desirable neighborhood. Only 45 days from completion, this property offers a total of 5 spacious units, thoughtfully designed to provide modern comfort and style. Four expansive units, each featuring four bedrooms and four bathrooms. One large Accessory Dwelling Unit (ADU) featuring four bedrooms and two bathrooms, with one ADA-compliant bath for added accessibility. Gourmet kitchens with sleek quartz countertops, perfect for both everyday cooking and entertaining.Energy-efficient windows and recessed lighting throughout. Private laundry rooms in each unit, Eco-friendly living with a fully paid-off solar system, promoting sustainability and reducing energy expenses. Ample parking options, including two garages at the rear building with tandem parking for four vehicles, plus additional parking on both sides of the building, accommodating up to four more vehicles. Balconies for each main unit. Modern touches throughout the building, creating a contemporary and stylish living experience. Tenants are responsible for 100% of their utilities, streamlining management and enhancing investment returns. No rent control, offering flexibility and potential for significant rental income. Don't miss out on this exceptional investment property, blending luxury, convenience, and modern amenities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Weber DRE #01946366 amyweberre@gmail.com,

    COMPASS

    Bought with:

    Cecilia Lee, DRE #01977480

    Re/Max Premier Realty

    Source: CRMLS,MLS#: P1-18927MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Gas Cooktop, Gas Range
    • Laundry: Laundry Closet
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls

    Property

    Parking
    • Total spaces: 8
    • Parking features: Driveway, Garage
    • Garage spaces: 4
    Features
    • Levels: Three Or More
    • Stories: 3
    • Pool features: None
    • Spa features: None
    • Fencing: Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,003 Square Feet
    • Features: Sprinklers None
    Details
    • Parcel number: 7351013014
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: Yes
    • Year built: 2024

    Utilities & green energy

    Green energy
    • Energy efficient items: Windows
    • Energy generation: Solar

    Community & HOA

    Community
    • Features: Curbs
    • Subdivision: Not Applicable
    Location
    • Region: Torrance

    Financial & listing details

    • Tax assessed value: $2,825,000
    • Annual tax amount: $34,882
    • Date on market: 8/19/2024
    • Cumulative days on market: 66 days
    • Listing terms: Cash,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    6/29/2025Listing removed$3,650
    Source: Zillow Rentals Report a problem
    6/17/2025Listed for rent$3,650
    Source: Zillow Rentals Report a problem
    5/29/2025Listing removed$3,650
    Source: Zillow Rentals Report a problem
    5/11/2025Price change$3,650-3.9%
    Source: Zillow Rentals Report a problem
    3/30/2025Listed for rent$3,800
    Source: Zillow Rentals Report a problem
    11/8/2024Sold$2,825,000-8.9%
    Source: CRMLS #P1-18927 Report a problem
    8/19/2024Contingent$3,100,000
    Source: CRMLS #P1-18927 Report a problem
    8/19/2024Listed for sale$3,100,000+369.7%
    Source: CRMLS #P1-18927 Report a problem
    6/17/2022Sold$660,000-10.2%
    Source: Public Record Report a problem
    1/29/2022Pending sale$735,000
    Source: NextHome Report a problem
    1/29/2022Listed for sale$735,000
    Source: NextHome Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$34,882 +283.4%$2,825,000 +311.4%
    2024$9,097 +2%$686,663 +2%
    2023$8,922 +9.4%$673,200 +1004.8%
    2022$8,157 +644.4%$60,933 +2%
    2021$1,096 -0.3%$59,739 +1%
    2020$1,099 $59,127 +2%
    2019$1,099 +14.3%$57,969 +2%
    2018$961 $56,834 +2%
    2017$961 +2.4%$55,721 +2%
    2016$939 +3.7%$54,629 +1.5%
    2015$905 +0.9%$53,809 +2%
    2014$897 $52,756 +2.5%
    2012-- $51,490 +2%
    2011-- $50,481 +0.8%
    2010-- $50,104 -0.2%
    2009-- $50,224 +2%
    2008-- $49,240 +2%
    2007-- $48,275 +2%
    2006-- $47,330
    2005-- $47,330 +4%
    2004-- $45,494 +1.9%
    2003-- $44,662 +2%
    2002-- $43,787 +4%
    2000-- $42,088
    Find assessor info on the county website

    Neighborhood: 90501

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,788,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,788,500