$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 #24371403
Pending
$1,350,000
07/25/2024
CLAW #24371403
Price change
$1,350,000
-5.26%
05/13/2024
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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