$1,350,000
1533 W 224th ST Torrance, CA 90501
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$1,350,000
Est. payment /mo
8 BD
9 BA
4,586 SqFt
Pending
1533 W 224th ST Torrance, CA 90501
UPDATED:
09/30/2024 06:55 PM
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 4,586 sqft
Price per Sqft $294
MLS Listing ID 24371403
Bedrooms 8
HOA Y/N No
Year Built 1986
Lot Size 7,200 Sqft
Property Description
1533 W 224th St is a 6-unit Apartment Building constructed in 1986. Nestled in the vibrant neighborhood of Torrance, CA, this charming property offers residents a blend of modern comfort and urban convenience. The property provides an investor the opportunity to significantly improve the rents to be in line with the current rental market. This property is perfect for an investor looking for a value-added opportunity located in a growing rental market. Boasting a strategic location just minutes from the Pacific Ocean, this property taps into Torrance's allure as a hub of economic activity and coastal living, offering investors a gateway to the thriving South Bay region of Los Angeles County. Investors at 1533 W 224th St benefit from the city's diverse business landscape and strong job market, positioning this property as a lucrative asset in any portfolio.Additionally, the property enjoys easy access to several major highways, including Interstate 405 (I-405), Interstate 110 (I-110), and State Route 1 (SR-1), providing convenient routes for commuters traveling throughout the Greater Los Angeles area. With its desirable location, modern amenities, and proximity to parks, beaches, and major highways, 1533 W 224th St presents an exceptional opportunity for those seeking to blend stability with growth potential.
Location
State CA
County Los Angeles
Area 122 - Harbor Gateway
Zoning LARD2
Interior
Heating None
Cooling None
Fireplace No
Appliance Refrigerator
Exterior
Garage Uncovered
Parking Type Uncovered
Total Parking Spaces 10
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 7347002029
Special Listing Condition Standard
Listed by Taylor Avakian • Lyon Stahl Investment Real Estate, Inc.
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