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Los Angeles, CA

$1,800,000

1518 W 206th, Los Angeles, CA
1992
Built
1
Days listed

About this home

Incredible investment opportunity in the heart of Torrance! This premium, two-story 4-unit apartment building delivers the perfect blend of high-yield rental income, modern upgrades, and an unbeatable South Bay location.High-Demand Unit MixThree 3-Bed / 2-Bath Units: Spacious layouts spread across a desirable two-story design, offering maximum comfort for families or long-term tenants.One 2-Bed / 2-Bath Unit: Highly upgraded with premium finishes, modern flooring, and contemporary fixtures—perfect for an owner-user or a premium rental rate.Premium Property Features Secure Parking: Features a secure, gated entry leading to dedicated parking spaces situated safely at the back of the property.Turnkey Condition: Thoughtfully updated and meticulously maintained, significantly minimizing future maintenance costs and capital expenditures.Prime South Bay Location: Desirable Torrance neighborhood known for its award-winning school district, low vacancy rates, and strong rental appreciation.Whether you are looking to expand your real estate portfolio or execute a 1031 exchange, this cash-flowing, two-story asset is a rare find in one of Southern California's strongest rental markets.

Facts & features

Interior
Appliances
Built In Range
Flooring
Laminate
Fireplace
None
Heating
Floor Furnace
Cooling
Wall Window Units
Laundry
Common Area
Levels
Two, Three Or More
Spa
None
Exterior & lot
Lot size
0.161 acres (7,006 sq ft)
Pool
None
Architectural style
Contemporary
Year built
1992
Parking
Electric Gate
Parking spaces
8
Community
Area
122 - Harbor Gateway
County
Los Angeles
Community features
Storm Drains, Street Lights, Sidewalks
Listing details
Status
Active
Property type
Single Family Residence
Days on market
1
Listed
2026-07-15
Terms
Cash, Cash To New Loan, Exchange 1031
Parcel #
7351013012
MLS #
PW26151757
Listed by
Dave Alo · Coldwell Banker Realty

Location

Price history

Listed
$1,800,000 · 2026-07-15
Days on market
1
Current price
$1,800,000
Financing

Could this home be yours?

Estimated monthly payment
$11,292
$9,102 principal & interest · $2,190 taxes & insurance
$360,000
Estimate only
Loan $1,440,000

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Listing data provided by CRMLS

Listing courtesy of Coldwell Banker Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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