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$2,750,000
Listing Price6beds
3baths
2,546sqft
7,006sqft lot
1502 W 205th St, Torrance, CA 90501
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Full foreclosure details
Home value, equity and ownership info
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Get full access with a FREE Account
Already a member?
For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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.Dont 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-
Interior Details
2546
6
3
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
7006
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Triplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$2,026
$39,531
$74,264
--%
$113,795
2019
$2,026
$38,756
$72,808
--%
$111,564
2018
$1,886
$37,997
$71,381
--%
$109,378
2017
$1,847
$37,252
$69,982
--%
$107,234
2016
$1,775
$36,522
$68,610
--%
$105,132
2014
$1,763
$35,270
$66,257
--%
$101,527
2013
$1,754
$35,111
$65,958
--%
$101,069
2012
$1,735
$34,423
$64,665
--%
$99,088
Average Home Price in 90501
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles


