12-Unit Investment Opportunity in Torrance P.O. | Two Adjacent 6-Unit Apartments - Each with their Own Assessor Parcel Number (APN) | All 2-Bedroom/1.5-Bathroom Units | 5.17% Current Cap Rate & 11.05 Current GRM | 8.41% Pro-Forma Cap Rate & 7.98 Pro-Forma GRM | Combined 14,008-SF Total Lot Size | Desirable Opportunity to Add ADUs | 1978 Construction | Property is on RUBs Program - Reduces Operational Expenses for Landlord | Total of 24 Parking Spaces (Tandem) | Gated Building with 2 On-Site Laundry Facilities | Roof Replaced Approximately 12 Years Ago | Located Approximately 1 Mile from Harbor-UCLA Medical Center | Short Commute from Old Town Torrance, Torrance Crossroads, Torrance Business Center, and Del Amo Fashion Center
Listed by Jonathan Nikfarjam
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License #01856803
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Shield CRE, Inc.
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310-593-9868
Last updated April 02, 2026
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Source: CRMLS #26669689
Listing Facts
TypeMulti-family
NeighborhoodGateway L.A.
Bedrooms24
Days on Prevu37
Size8,976 sqft
Price per sqft$301
Amenities
Parking
Location
Mortgage Calculator
Listing History
03/25/2026
Listed by Shield CRE, Inc.
$2,700,000
Property Details for 1651 W 206th Street
Exterior
Construction
Number Of Units Total: 12
Stories: 2
Stories Total: 2
Year Built: 1978
Measurements
Building Area Total: 8,976
Lot Size Acres: 0.32
Lot Size Area: 14,008
Lot Size Source: Estimated
Lot Size Square Feet: 14,008
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.17
Gross Income: $259,853.00
Taxes
Parcel Number: 7351007023
Interior
Measurements
Living Area: 8,976
Living Area Source: Estimated
Rooms
Bathrooms Total Integer: 24
Bedrooms Total: 24
Parking
Parking
Parking Features: Assigned, Covered
Parking Total: 24
Utilities
Equipment
Laundry Features: Laundry Room
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 24 bedrooms in this multi-family home at 1651 W 206th Street.
Does this multi-family home have parking?
Yes, there are 24 parking spaces available for 1651 W 206th Street.
How does 1651 W 206th Street compare to other multi-family homes in Gateway L.A.?
This multi-family home is listed 29% above the average price for multi-family homes in Gateway L.A. and has been on the market for 47 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 8,976 sqft.
1651 W 206th Street is a 24-bedroom multi-family home for sale in Torrance CA 90501. On Prevu for 37 days at $2,700,000. This property features 8,976 square feet of living space, located in Gateway L.A.. The median listing price for multi-family homes in this area is $1,437,000. The home offers parking. Browse more multi-family home listings in Los Angeles County.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.