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Sold for $1,550,000 on 11/13/23
  • Listing Provided by: 

    DeDe Hsu DRE #01023899 310-722-9222,

    Keller Williams Palos Verdes

    $1,550,000

    1311 W 218th St, Torrance, CA 90501

    --beds
    --baths
    2,773sqft
    Triplex
    Built in 1959
    -- sqft lot
    $1,513,400 Zestimate®
    $559/sqft
    $4,061 Estimated rent

    What's special

    PRIME DEVELOPMENT OPPORTUNITY - 1311 W 218th St, Torrance is a unique opportunity to own a 3-unit residential income property with its 18,001 square foot lot. a transit priority area. ADU bonus rules. This pride of ownership asset is located within walking distance to Harbor-UCLA Medical Center. Amazing investment property! Have cash flow while you get permits with existing 3 homes and a huge 4 car garage that is approximately 1500 square feet! The main home offers 3 bedrooms and 2 bathrooms and has been recently renovated. This home has an updated kitchen and bath as well as central heat/AC. All units have newer roofs, dual pane windows and wood floors. The back homes each offer 2 bedrooms and 1 bathroom and are very nicely equipped. The grounds of the homes offer a park-like setting as each home has its own grass/yard area allowing plenty of space to relax and unwind in the beautiful Southern California sun. The entire perimeter of the property is surrounded by a privacy wall and the front entry is gated, There is also plenty of additional parking on the premises. The property is just a block from Western Ave and W Carson Ave in Torrance. Located in City of Los Angeles - Torrance P.O. Easy access to 110, 405, 710 & 91 freeways. This is truly a once in a lifetime opportunity for an investor or a family looking to share a property.

    Zillow last checked: 7 hours ago

    Listing updated: November 16, 2023 at 11:21am

    Listing Provided by:

    DeDe Hsu DRE #01023899 310-722-9222,

    Keller Williams Palos Verdes

    Bought with:

    Regina Hoffman, DRE #01905428

    eXp Realty of California Inc

    Source: CRMLS,MLS#: PV23058371MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: In Kitchen, Outside
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,773
    • Total interior livable area: 2,773 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Pool features: None
    Lot
    • Size: 0.41 Acres
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 7346001046
    • Zoning: LAR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Condition
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Torrance

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,1031 Exchange
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,513,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,513,400