1502 W W 205th Street
Bought with Martin Marquez with Circle Real Estate and Listed by Amy Weber CA DRE# 01946366 with COMPASS [email protected]
Sold

1502 W W 205th Street

1502 W W 205th Street, Torrance, CA 90501

$2,670,000

NOW LEASING

This property is now available for lease at $12,000/mo.
VIEW NOW
$2,670,000

1502 W W 205th Street

7,006 Sq.Ft.

Description

This 2025 Brand new construction, modern multi-unit property offers incredible potential for investors seeking high-quality units in a rapidly appreciating area without the constraints of rent control. With two of the five units designated as affordable housing, the property provides long-term appreciation, tax benefits, and an unparalleled low-risk investment opportunity. Situated in a coveted Opportunity Zone, this asset represents a rare chance to secure a prime piece of real estate at an excellent price. The property sits on a 7,006 sqft lot with a total living space of 9,000 sqft. It features 18 bedrooms and 18 bathrooms across five luxury units. Tenants pay their own utilities, and the property is equipped with paid-off solar for significant energy savings. Two separate driveways, six parking spaces, and a two-car garage provide added convenience for both tenants and owners. Currently 90% completed, the property is expected to be ready for final completion and a Certificate of Occupancy in approximately 30 days. This presents a great opportunity to acquire a property just before it reaches full occupancy and maximizes its investment potential. Located near the vibrant Old Town Torrance, residents will enjoy easy access to high-end restaurants, trendy shops, and local amenities.Don't miss the chance to own a brand-new, high-quality property in this prime location. With immediate income potential, low-risk long-term benefits, and a community-focused investment, this multi-unit property is an opportunity you won't want to let slip away. Act now to secure this amazing asset for your portfolio!

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Location

1502 W W 205th Street, Torrance, CA 90501

Status

Sold

Date Sold

November 7, 2025
Amy Weber

Amy Weber

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Washer Hookup, Gas Dryer Hookup
  • Fireplace None
  • APPLIANCES Dishwasher, Gas Cooktop

Area & Lot

  • Status Sold
  • Date Sold November 7, 2025
  • Lot Area7,006 Sq.Ft.
  • MLS® IDP1-20966
  • TypeCondo
  • YEAR BUILT2024
  • NeighborhoodLos Angeles
  • View DescriptionNone

Exterior

  • STORIES2
  • Garage Space2.0
  • water SourcePublic
  • PoolNone
  • lot featuresSprinklers None
  • parkingDriveway, Garage, On Street
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)

Financial

  • Sales Price$2,670,000

Living

Luxury real estate means going above and beyond the client’s expectations. Whatever luxury means to you, we are here to help you seek it. Experience luxury with us.