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For sale
    • Listed by: Coldwell Banker Realty • Dave Alo • Contact: 714-757-4988
    $1,800,000

    1518 W 206th St, Torrance, CA 90501

    11beds
    8baths
    4,937sqft
    : 
    $11,966/mo
    Get pre-qualified
    Multi Family
    Built in 1992
    -- sqft lot
    $1,742,700 Zestimate®
    $365/sqft
    $-- HOA

    What's special

    Incredible investment opportunity in the heart of Torrance! This premium, two-story 4-unit apartment building delivers the perfect blend of high-yield rental income, modern upgrades, and an unbeatable South Bay location.High-Demand Unit MixThree 3-Bed / 2-Bath Units: Spacious layouts spread across a desirable two-story design, offering maximum comfort for families or long-term tenants.One 2-Bed / 2-Bath Unit: Highly upgraded with premium finishes, modern flooring, and contemporary fixtures—perfect for an owner-user or a premium rental rate.Premium Property Features Secure Parking: Features a secure, gated entry leading to dedicated parking spaces situated safely at the back of the property.Turnkey Condition: Thoughtfully updated and meticulously maintained, significantly minimizing future maintenance costs and capital expenditures.Prime South Bay Location: Desirable Torrance neighborhood known for its award-winning school district, low vacancy rates, and strong rental appreciation.Whether you are looking to expand your real estate portfolio or execute a 1031 exchange, this cash-flowing, two-story asset is a rare find in one of Southern California's strongest rental markets.
    10 days
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    106
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    5
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    Zillow last checked:

    Listing updated:

    Listed by:

    Dave Alo DRE #01732125 714-757-4988,

    Coldwell Banker Realty,

    Lucas Alo DRE #02252664,

    Coldwell Banker Realty

    Source: CRMLS,MLS#: PW26151757MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 8
      Rooms
      • Room types: Kitchen
      Heating
      • Floor Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Built-In Range
      • Laundry: Common Area
      Features
      • Flooring: Laminate
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 4,937
      • Total interior livable area: 4,937 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Electric Gate
      • Uncovered spaces: 8
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two,Three Or More
      • Stories: 2
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: None
      Lot
      • Size: 7,006 Square Feet
      • Features: 2-5 Units/Acre
      Details
      • Parcel number: 7351013012
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Contemporary
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Foundation: Concrete Perimeter
      Condition
      • New construction: No
      • Year built: 1992

      Utilities & green energy

      • Sewer: Sewer Tap Paid
      • Water: Public
      • Utilities for property: Cable Available, Phone Available

      Community & HOA

      Community
      • Features: Storm Drain(s), Street Lights, Sidewalks
      Location
      • Region: Torrance

      Financial & listing details

      • Price per square foot: $365/sqft
      • Tax assessed value: $1,764,600
      • Annual tax amount: $22,188
      • Date on market: 7/15/2026
      • Cumulative days on market: 10 days
      • Listing terms: Cash,Cash to New Loan,1031 Exchange
      • Tenant pays: Cable TV, Electricity, Gas, Trash Collection, Telephone

        Estimated market value

        $1,742,700

        $1.66M - $1.83M

        $2,275/mo

        Price history

        DateEventPrice
        7/16/2026Listed for sale$1,800,000+4%$365/sqft
        Source: CRMLS #PW26151757 Report a problem
        9/11/2023Sold$1,730,000+1.8%$350/sqft
        Source: CRMLS #SB23102296 Report a problem
        8/7/2023Pending sale$1,700,000$344/sqft
        Source: CRMLS #SB23102296 Report a problem
        7/13/2023Listed for sale$1,700,000$344/sqft
        Source: CRMLS #SB23102296 Report a problem
        6/21/2023Pending sale$1,700,000$344/sqft
        Source: CRMLS #SB23102296 Report a problem
        6/21/2023Contingent$1,700,000$344/sqft
        Source: CRMLS #SB23102296 Report a problem
        6/9/2023Listed for sale$1,700,000+99.5%$344/sqft
        Source: CRMLS #SB23102296 Report a problem
        2/3/2016Listing removed$1,800
        Source: New Star Realty Report a problem
        2/2/2016Listed for rent$1,800+9.1%
        Source: New Star Realty Report a problem
        4/8/2014Listing removed$1,650
        Source: Go Section8 Report a problem
        3/27/2014Listed for rent$1,650
        Source: Go Section8 Report a problem
        10/25/2013Sold$852,000+0.5%$173/sqft
        Source: Public Record Report a problem
        9/20/2013Pending sale$848,000$172/sqft
        Source: Coldwell Banker Residential Brokerage - Palos Verdes-Beach Cities #PV13180457 Report a problem
        9/6/2013Listed for sale$848,000+348.7%$172/sqft
        Source: Coldwell Banker-PV/Bch. Cities #PV13180457 Report a problem
        2/7/2013Sold$189,000-27.3%$38/sqft
        Source: Public Record Report a problem
        6/16/1995Sold$260,000-13.3%$53/sqft
        Source: Public Record Report a problem
        4/1/1994Sold$300,000$61/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$22,188 +1.3%$1,764,600 +2%
        2024$21,909 +66.2%$1,730,000 +72.3%
        2023$13,185 +4.7%$1,003,871 +2%
        2022$12,597 +1.4%$984,188 +2%
        2021$12,418 -0.9%$964,891 +1%
        2020$12,533 $954,998 +2%
        2019$12,533 +5.5%$936,273 +2%
        2018$11,879 $917,916 +2%
        2017$11,879 +2.2%$899,919 +1.9%
        2016$11,623 +2.6%$883,267 +1.6%
        2015$11,330 +1.2%$869,022 +2%
        2014$11,193 $852,000 +152.6%
        2012-- $337,255 +2%
        2011-- $330,643 +0.8%
        2010-- $328,173 -0.2%
        2009-- $328,954 +2%
        2008-- $322,505 +2%
        2007-- $316,183 +2%
        2006-- $309,985
        2005-- $309,985 +4%
        2004-- $297,949 +1.9%
        2003-- $292,489 +2%
        2002-- $286,755 +4%
        2000-- $275,622
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 90501

        Getting around

        56 / 100
        Somewhat Walkable
        38 / 100
        Some Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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