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1605 W 208th St, Torrance, CA 90501

$895,000

Description

Lyon | Stahl is pleased to present 1605 W 208th St, a 5-unit property located in Torrance. 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.

Investment Highlights: 

• 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

Property Downloads

Address

  • City: Torrance
  • State/county: CA
  • Country: United States

Detail

Updated on July 23, 2019 at 8:37 pm

  • Price: $895,000
  • Property Size: 3,568 Sq Ft
  • Land Area: 7,686 Sq Ft
  • Year Built: 1952
  • Property Type: Multifamily
  • Property Status: Active
  • Numbers of Units: 5
  • GRM: 14.32
  • CAP RATE: 3.76%
  • Market GRM: 8.93
  • Market CAP RATE: 7.76%

Contact info

Stephen Takahashi
Stephen Takahashi
(310) 890-5270(310) 403-9145
Linkedin
Brett Lyon
Brett Lyon
(310) 880-5328(310) 780-1899
Linkedin
Woody Stahl
Woody Stahl
(310) 880-0926(310) 710-3829
Linkedin

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