New Listing – 5-Unit Apartment in Torrance
Stephen Takahashi, Brett Lyon, and Woody Stahl of Lyon | Stahl are pleased to present 1605 W 208th St, a 5-unit property located in Torrance!
This property is offered at $895,000
This property has a unit mix consisting of (1) 2-bed/ 1-bath and (4) 1-bed/ 1-bath units. The building is situated on a 7,686 SF lot with 3,568 SF of total living area. This corner lot property is centrally located and in close proximity to the 110 & 405 FWYs. With over 50% in market rent potential upside, this property is an ideal value-add opportunity for any investor.
• Desirable unit mix consisting of (1) 2-bed/1-bath & (4) 1-bed/1-bath
• 3,568 SF building situated on a 7,686 SF corner lot
• Located just minutes from the 110 & 405 FWYs
• Huge value-add opportunity | Over 50% upside in market rent potential
Torrance is a city in the South Bay region of Los Angeles County bordered by Redondo Beach, Palos Verdes Estates, Rolling Hills Estates, Gardena, and Lawndale. Torrance is known for its low crime rates, consistently ranking among the safest cities in LA County.
The Torrance Unified School District ranks in the top 50 in California and includes five high schools, eight middle schools, and 17 elementary schools. Torrance High School, founded in 1917, is one of the oldest high schools in California and is a popular filming location for TV shows and films including the original Beverly Hills, 90210 and Buffy the Vampire Slayer.
The median price of homes currently listed in Torrance is $775,000 and Torrance real estate values have gone up 6.6% over the past year.