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12-Unit Apartment Property
For Sale
$2,495,000

1627 W 206th Street, Torrance, CA 90501

Two six-unit buildings offer a mix of one- and two-bedroom apartments with rear parking and separately metered utilities.

Property Size7,756 SF
Lot Size0.32 Acres
Price / SF$321.69
Days on Market118

Property Features for 1627 W 206th Street

General Information

Standard status Active
Size 7,756 SF
Net Rentable 7,756 SF
Total Parking Spaces 12
Lot size 0.32 Acres
Property subtype Multi-family

Units

Unit Mix 8 x 1BR/1BA, 4 x 2BR/1BA
Multifamily Units 12

Additional Details

Utilities to Site Yes

Amenities

high-end camera system

Building Details

Year Built 1964
Buildings 2
Listing Agency: Berkadia
Listed By: Steffan Braunlich
Source: Sevengables
Added: May 8 Changed: Aug 31 Last Checked: Aug 31 at 8:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkadia

Investment Insights

Based on property information with market context.

This apartment property comprises two six-unit buildings with 7,756 rentable square feet on two parcels totaling 14,007 square feet. The unit mix includes 8 one-bedroom, one-bath apartments and 4 two-bedroom, one-bath apartments. Built in 1964, the property is subject to the City of Los Angeles Rent Control Ordinance.

Residents have access to 12 uncovered parking spaces at the rear of the property. Electricity and gas are separately metered. Recent ownership improvements include upgraded elevated walkways, exterior painting, and installation of a high-end camera system for tenant safety. The property is located at 1627 W 206th Street in Torrance, California, within the Torrance P.O. neighborhood of Los Angeles.

Key Highlights

  • 12‑unit apartment property in two 6‑unit buildings
  • 7,756 rentable square feet on two parcels totaling 14,007 square feet
  • Unit mix includes 8 one‑bedroom/one‑bath and 4 two‑bedroom/one‑bath apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Catering Service Supermarket Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,367
Businesses Nearby

Demographics for 90501, CA

43,990
Population
15,867
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
7,718
Density / Sq Mi
$92,815
Median Household Income
$43,526
Median Earnings
$1,868
Median Rent
$887,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two six-unit buildings offer a mix of one- and two-bedroom apartments with rear parking and separately metered utilities.
Where is this apartment building located?
The property is located at 1627 W 206th Street Torrance, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 12‑unit apartment property in two 6‑unit buildings; 7,756 rentable square feet on two parcels totaling 14,007 square feet; Unit mix includes 8 one‑bedroom/one‑bath and 4 two‑bedroom/one‑bath apartments
More about this property
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