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.
Sold for $1,300,000 on 11/01/24
$1,300,000
1533 W 224th St, Torrance, CA 90501
8beds
9baths
4,586sqft
Multi Family
Built in 1986
-- sqft lot
$1,277,000 Zestimate®
$283/sqft
$3,101 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 11, 2024 at 09:48pm
Listed by:
Taylor Avakian DRE # 02060040 916-996-4421,
Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Bought with:
Cameron Samimi, DRE # 02035763
Lyon Stahl Investment Real Estate, Inc.
David Messiah, DRE # 02117893
Lyon Stahl Investment Real Estate, Inc.
Source: CLAW,MLS#: 24-371403

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 9
Heating
- None
Cooling
- None
Appliances
- Included: Refrigerator, Range/Oven
Interior area
- Total structure area: 4,586
- Total interior livable area: 4,586 sqft
Property
Parking
- Total spaces: 10
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Stories: 2
Lot
- Size: 7,200 sqft
- Dimensions: 40 x 180
Details
- Additional structures: None
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1986
Community & neighborhood
Location
- Region: Torrance
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,277,000
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
$1,277,000