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.
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
Multi Family
Built in 1992
-- sqft lot
$1,747,600 Zestimate®
$365/sqft
$-- HOA
What's special
- 55 days
- 151
- 12
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#: PW26151757
Originating 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
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: $1,799,892
- Date on market: 7/15/2026
- Cumulative days on market: 55 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
- Tenant pays: Cable TV, Electricity, Gas, Trash Collection, Telephone
Estimated market value
$1,747,600
$1.66M - $1.83M
$2,346/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $1,800,000+4%$365/sqft |
Source: | ||
| 9/11/2023 | Sold | $1,730,000+1.8%$350/sqft |
Source: | ||
| 8/7/2023 | Pending sale | $1,700,000$344/sqft |
Source: | ||
| 7/13/2023 | Listed for sale | $1,700,000$344/sqft |
Source: | ||
| 6/21/2023 | Pending sale | $1,700,000$344/sqft |
Source: | ||
| 6/21/2023 | Contingent | $1,700,000$344/sqft |
Source: | ||
| 6/9/2023 | Listed for sale | $1,700,000+99.5%$344/sqft |
Source: | ||
| 2/3/2016 | Listing removed | $1,800 |
Source: New Star Realty Report a problem | ||
| 2/2/2016 | Listed for rent | $1,800+9.1% |
Source: New Star Realty Report a problem | ||
| 4/8/2014 | Listing removed | $1,650 |
Source: Go Section8 Report a problem | ||
| 3/27/2014 | Listed for rent | $1,650 |
Source: Go Section8 Report a problem | ||
| 10/25/2013 | Sold | $852,000+0.5%$173/sqft |
Source: Public Record Report a problem | ||
| 9/20/2013 | Pending sale | $848,000$172/sqft |
Source: Coldwell Banker Residential Brokerage - Palos Verdes-Beach Cities #PV13180457 Report a problem | ||
| 9/6/2013 | Listed for sale | $848,000+348.7%$172/sqft |
Source: Coldwell Banker-PV/Bch. Cities #PV13180457 Report a problem | ||
| 2/7/2013 | Sold | $189,000-27.3%$38/sqft |
Source: Public Record Report a problem | ||
| 6/16/1995 | Sold | $260,000-13.3%$53/sqft |
Source: Public Record Report a problem | ||
| 4/1/1994 | Sold | $300,000$61/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,799,892 +2% |
| 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
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Neighborhood: 90501
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