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Sold for $3,000,000
  • Listed by: CENTURY 21 REALTY MASTERS • XIO SANDOVAL • Contact: 323-722-7300
    Bought with: CENTURY 21 REALTY MASTERS
    $3,000,000

    1605 W 207th St, Torrance, CA 90501

    17beds
    22baths
    8,227sqft
    Quadruplex
    Built in 2023
    -- sqft lot
    $-- Zestimate®
    $365/sqft
    $2,951 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,951/mo

    Zestimate® history
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    What's special

    Separate meters for gasDel amo fashion centerAdditional parking spacesTowne center
    LIKE NO OTHER: 1605 W. 207th St is a newly constructed 5-unit (fourplex + 2 story ADU) townhouse style apartment building located in the City of Torrance! Completed in 2023, this property is composed of two three-story structures & 1 stand-alone structure with a combined 8,227 SQFT of rentable space sitting on a large 7,008 lot with enough space for easy entry and exit access. The units at this property are significantly larger than other for-rent units typically found in the South Bay market and are perfectly positioned for multi-generational families and work-from-home roommate environments. NON-RENT-CONTROLLED 5-unit made up of (4) 4 bedroom/4.5 bathrooms tri-level townhomes with balconies and (1) one of a kind designed 1 bedroom/1.5-bathroom ADU-must see to appreciate! In addition to the high return, buyers will enjoy other perks including: NO RENT CONTROL, 4 attached garages & 4 additional parking spaces, tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come! Tour this property today and and embark on a journey of Luxury, Style and Urban Living at its Finest in Torrance! Minutes away from Redondo Beach, Del Amo Fashion Center, Torrance Promenade, Towne Center and coffee/dining favorites. Commuters enjoy the close proximity to interstate freeways 110 & 405, connecting residents to employment hubs throughout Los Angeles and Orange Counties. Bonus: 1 UNIT is now leased ($4,250). All 1031 exchange Buyers welcome-take advantage of a true 6% cap rate in one of the most sought after cities in the South Bay!

    Zillow last checked:

    Listing updated:

    Listed by:

    XIO SANDOVAL DRE #01308913 323-722-7300,

    CENTURY 21 REALTY MASTERS

    Bought with:

    XIO SANDOVAL, DRE #01308913

    CENTURY 21 REALTY MASTERS

    Source: CRMLS,MLS#: MB23157031MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 17
    • Bathrooms: 22
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: 6 Burner Stove, Dishwasher, Gas Oven, Gas Water Heater
    • Laundry: Inside
    Features
    • Balcony, Multiple Staircases
    • Flooring: Laminate
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 8,227
    • Total interior livable area: 8,227 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Assigned
    • Garage spaces: 4
    • Uncovered spaces: 4
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: ground level
    • Pool features: None
    • Has view: Yes
    • View description: City Lights, Neighborhood
    Lot
    • Size: 7,008 Square Feet
    • Features: Yard
    Details
    • Parcel number: 7351008014
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • Turnkey
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Private

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Torrance

    Financial & listing details

    • Price per square foot: $365/sqft
    • Tax assessed value: $3,060,000
    • Annual tax amount: $37,688
    • Date on market: 8/30/2023
    • Cumulative days on market: 16 days
    • Listing terms: Submit
    • Inclusions: All appliances
    • Total actual rent: 4250
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    9/28/2023Sold$3,000,000$365/sqft
    Source: CRMLS #MB23157031 Report a problem
    9/18/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/15/2023Pending sale$3,000,000$365/sqft
    Source: CRMLS #MB23157031 Report a problem
    9/6/2023Price change$3,950-7.1%
    Source: Zillow Rentals Report a problem
    8/31/2023Listed for sale$3,000,000+328.6%$365/sqft
    Source: CRMLS #MB23157031 Report a problem
    7/26/2023Listed for rent$4,250$1/sqft
    Source: Zillow Rentals Report a problem
    10/19/2021Sold$700,000$85/sqft
    Source: CLAW #21796978 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$37,688 +3%$3,060,000 +2%
    2024$36,601 +299.3%$3,000,000 +320.2%
    2023$9,167 +4.8%$714,000 +2%
    2022$8,750 +721.5%$700,000 +1067.3%
    2021$1,065 -0.3%$59,965 +1%
    2020$1,068 $59,351 +2%
    2019$1,068 +11.2%$58,189 +2%
    2018$961 $57,049 +2%
    2017$961 +2.4%$55,932 +2%
    2016$938 +3.6%$54,836 +1.5%
    2015$906 +0.9%$54,013 +2%
    2014$897 $52,956 +2.5%
    2012-- $51,685 +2%
    2011-- $50,673 +0.8%
    2010-- $50,295 -0.2%
    2009-- $50,415 +2%
    2008-- $49,427 +2%
    2007-- $48,459 +2%
    2006-- $47,510
    2005-- $47,510 +4%
    2004-- $45,666 +1.9%
    2003-- $44,830 +2%
    2002-- $43,952 +4%
    2000-- $42,247
    Find assessor info on the county website

    Neighborhood: 90501

    Nearby schools

    GreatSchools rating