Torrance, CA 90501,1533 W 224th ST
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Torrance, CA 90501,1533 W 224th ST
Torrance, CA 90501,1533 W 224th ST
Torrance, CA 90501,1533 W 224th ST
Torrance, CA 90501,1533 W 224th ST

$1,300,000

Est. payment /mo

$1,350,000

3.7%
Est.Price: ?

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1533 W 224th ST Torrance, CA 90501

8 Beds

9 Baths

4,586 SqFt

SOLD DATE : 11/01/2024

Key Details

Sold Price $1,300,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,586 sqft

Price per Sqft $283

MLS Listing ID 24371403

Sold Date 11/01/24

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

Parking Features 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

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California Regional MLS (CRMLS)
Listed by Taylor Avakian • Lyon Stahl Investment Real Estate, Inc.
Bought with Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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