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$1,350,000

Beds
8
sq ft
4,586

1533 W 224th St, Torrance, CA 90501

1533 W 224th St

Torrance, CA 90501

  • Pending
    • Price drop $75,000↓
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.

Details

Property type

Lot size

7,200 sq ft

Price per sq ft

$295

Year built

1986

HOA

No

Price History

08/02/2024
CLAW

CLAW #24371403

Pending
$1,350,000
07/25/2024
CLAW

CLAW #24371403

Price change
$1,350,000
-5.26%
05/13/2024
CLAW

CLAW #24371403

Price change
$1,425,000
-18.57%

Schools & Community

Neighborhood: 

Harbor Gateway

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Pending/Under Contract

Tomo last checked: 10/04/2024 at 9:50 PM

Listing updated: 10/03/2024 at 8:10 PM

Listed by: Taylor Avakian, Lyon Stahl Investment Real Estate, Inc. Phone #: (310) 425-9838

MLS: CLAW #24371403

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