Amazing investment opportunity! Best income to cost ratio in the area, don't pass this opportunity up or you'll regret it. This four-unit building includes a BRAND NEW 2 bedroom 1 bath unit, and 3 other two bedroom one bath units. The new unit comes complete with a/c in each room, shaker cabinets, tiled showed, luxury plank vinyl flooring and stainless-steel appliances. Plentiful parking in the driveway for each unit, and the back three units each have a large outdoor storage shed. There is a separate laundry room with a coin-operated washer and dryer for the convenience of the tenants. All four existing tenants have a longstanding history of paying rent in a timely manner, even during COVID. Building features new foundation reinforcing, gutters and more. This building is well maintained and is centrally located to shops, dining and freeway. Drive by only! Access to units with accepted offer.
Sold for $1,195,000
Tax assessed value
$1,195,000
1624 W 206th St, Torrance, CA 90501
8beds
4baths
2,984sqft
Multi Family
Built in 1954
-- sqft lot
$1,250,400 Zestimate®
$400/sqft
$2,722 Estimated rent
Home value
$1,250,400
$1.16M - $1.35M
$2,722/mo
Zestimate® history
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$2,722/mo
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$7,589/mo
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Zillow last checked:
Listing updated:
Listed by:
Marcus Kassin DRE # 01216904 310-948-1915,
The Agency 424-230-3700,
Joshua Kamali DRE # 02191899 323-487-1348,
Pellego, Inc.
Bought with:
Nohemi Ramirez, DRE # 02122572
Keller Williams Beach Cities
Source: CLAW,MLS#: 24-348875
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall
Cooling
- None
Appliances
- Included: Refrigerator, Range/Oven
- Laundry: Common Area
Interior area
- Total structure area: 2,984
- Total interior livable area: 2,984 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,000 Square Feet
Details
- Additional structures: Other
- Parcel number: 7351008007
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1954
Community & HOA
Location
- Region: Torrance
Financial & listing details
- Price per square foot: $400/sqft
- Tax assessed value: $599,103
- Annual tax amount: $15,120
- Date on market: 12/10/2025
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2024 | Sold | $1,195,000$400/sqft |
Source:  CLAW #24-348875 Report a problem | ||
| 7/11/2024 | Pending sale | $1,195,000$400/sqft |
Source: CLAW #24-348875 Report a problem | ||
| 1/20/2024 | Listed for sale | $1,195,000+1.7%$400/sqft |
Source: CLAW #24-348875 Report a problem | ||
| 8/24/2023 | Listing removed | -- |
Source: CLAW #23-274037 Report a problem | ||
| 6/15/2023 | Price change | $1,175,000-2%$394/sqft |
Source: CLAW #23-274037 Report a problem | ||
| 5/25/2023 | Listed for sale | $1,199,000$402/sqft |
Source: CLAW #23-274037 Report a problem | ||
| 4/7/2023 | Listing removed | -- |
Source: CLAW #23-234352 Report a problem | ||
| 2/13/2023 | Price change | $1,199,000-2.1%$402/sqft |
Source: CLAW #23-234352 Report a problem | ||
| 2/10/2023 | Price change | $1,225,000-1.9%$411/sqft |
Source: CLAW #23-234352 Report a problem | ||
| 1/20/2023 | Listed for sale | $1,249,000+21.3%$419/sqft |
Source: CLAW #23-234352 Report a problem | ||
| 5/18/2022 | Sold | $1,030,000-8.7%$345/sqft |
Source: Public Record Report a problem | ||
| 5/15/2022 | Pending sale | $1,128,000$378/sqft |
Source:  CRMLS #OC22040654 Report a problem | ||
| 4/27/2022 | Contingent | $1,128,000$378/sqft |
Source: CRMLS #OC22040654 Report a problem | ||
| 4/16/2022 | Price change | $1,128,000-0.9%$378/sqft |
Source: CRMLS #OC22040654 Report a problem | ||
| 4/3/2022 | Price change | $1,138,000-3.4%$381/sqft |
Source: CRMLS #OC22040654 Report a problem | ||
| 3/22/2022 | Listed for sale | $1,178,000+122.7%$395/sqft |
Source: CRMLS #OC22040654 Report a problem | ||
| 12/31/2014 | Sold | $529,000$177/sqft |
Source: Public Record Report a problem | ||
| 11/20/2014 | Listed for sale | $529,000+67.4%$177/sqft |
Source: Gabriela Bermudez #DW14245582 Report a problem | ||
| 6/21/2012 | Sold | $316,000-49%$106/sqft |
Source: Public Record Report a problem | ||
| 1/19/2007 | Sold | $620,000+256.3%$208/sqft |
Source: Public Record Report a problem | ||
| 7/30/1999 | Sold | $174,000$58/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,120 +10.5% | $1,195,000 +11.5% |
| 2024 | $13,688 +2% | $1,071,612 +2% |
| 2023 | $13,426 +4.4% | $1,050,600 +75.4% |
| 2022 | $12,858 +67.2% | $599,103 +2% |
| 2021 | $7,689 -0.9% | $587,357 +1% |
| 2020 | $7,759 | $581,336 +2% |
| 2019 | $7,759 +6.2% | $569,938 +2% |
| 2018 | $7,306 | $558,763 +2% |
| 2017 | $7,306 +2.2% | $547,808 +2% |
| 2016 | $7,148 +2.5% | $537,067 +1.5% |
| 2015 | $6,971 +57.1% | $529,000 +63.4% |
| 2014 | $4,436 | $323,783 -19.1% |
| 2012 | -- | $400,000 -23.5% |
| 2011 | -- | $523,000 |
| 2010 | -- | $523,000 -18.9% |
| 2009 | -- | $645,048 +2% |
| 2008 | -- | $632,400 +216.8% |
| 2007 | -- | $199,605 +2% |
| 2006 | -- | $195,692 |
| 2005 | -- | $195,692 +4% |
| 2004 | -- | $188,095 +1.9% |
| 2003 | -- | $184,648 +2% |
| 2002 | -- | $181,029 +4% |
| 2000 | -- | $174,000 |
Find assessor info on the county website
Neighborhood: 90501
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Nearby schools
GreatSchools rating
- 6/10One Hundred Eighty-Sixth Street Elementary SchoolGrades: K-5Distance: 1.3 mi
- 6/10Stephen M. White Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10Humanities And Arts (HARTS) Academy Of Los AngelesGrades: 9-12Distance: 2.7 mi
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Estimated market value
$1,250,400
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Estimated market value
$1,250,400
- California
- Los Angeles County
- Torrance
- 90501
- 1624 W 206th St
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