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Image 1 - 1638 West 206th Street, Los Angeles, CA 90501, USA - House for sale
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Home For Sale In Torrance, California
1638 West 206th Street, Los Angeles, CA 90501, USA

Home For Sale In Torrance, California

house for sale
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Listed: 03/07/24

1638 West 206th Street, Los Angeles, CA 90501, USA

8 Bed:
4 Bath:
2,984 Sq Ft Living Area:
Save
Price
$ 1,2M

About This House

Amazing investment opportunity! Best income to cost ratio in the area, don't pass this opportunity up or you'll regret it. This four-unit building includes a Brand new 2 bedroom 1 bath unit, and 3 other two bedroom one bath units. The new unit comes complete with a/c in each room, shaker cabinets, tiled showed, luxury plank vinyl flooring and stainless-steel appliances. Plentiful parking in the driveway for each unit, and the back three units each have a large outdoor storage shed. There is a separate laundry room with a coin-operated washer and dryer for the convenience of the tenants. All four existing tenants have a longstanding history of paying rent in a timely manner, even duringCOVID.Building features new foundation reinforcing, gutters and more. This building is well maintained and is centrally located to shops, dining and freeway. Drive by only! Access to units with accepted offer.

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Dolanco Junction Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.