LIKE NO OTHER: 1605 W. 207th St is a newly constructed 5-unit (fourplex + 2 story ADU) townhouse style apartment building located in the City of Torrance! Completed in 2023, this property is composed of two three-story structures & 1 stand-alone structure with a combined 8,227 SQFT of rentable space sitting on a large 7,008 lot with enough space for easy entry and exit access. The units at this property are significantly larger than other for-rent units typically found in the South Bay market and are perfectly positioned for multi-generational families and work-from-home roommate environments. NON-RENT-CONTROLLED 5-unit made up of (4) 4 bedroom/4.5 bathrooms tri-level townhomes with balconies and (1) one of a kind designed 1 bedroom/1.5-bathroom ADU-must see to appreciate! In addition to the high return, buyers will enjoy other perks including: NO RENT CONTROL, 4 attached garages & 4 additional parking spaces, tastefully designed drought tolerant landscaping, a 1-year builders warranty, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come! Tour this property today and and embark on a journey of Luxury, Style and Urban Living at its Finest in Torrance! Minutes away from Redondo Beach, Del Amo Fashion Center, Torrance Promenade, Towne Center and coffee/dining favorites. Commuters enjoy the close proximity to interstate freeways 110 & 405, connecting residents to employment hubs throughout Los Angeles and Orange Counties. Bonus: 1 UNIT is now leased ($4,250). All 1031 exchange Buyers welcome-take advantage of a true 6% cap rate in one of the most sought after cities in the South Bay!
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