$1,750,000

1533 224th Street, Torrance 90501

3

Beds

4

Baths

4,586

Square feet

7,200

Lot Size

6

# Of Units

Listing Agent
Taylor Avakian - TAYVAY Corporation

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.

Facts & Features

MLS® # 24371403
Price $1,750,000
Bedrooms 3
Bathrooms 4.00
Square Footage 4,586
Lot Size 7,200
Year Built 1986
Type Residential Income
Status Active
# Of Units 6

Community Information

Address 1533 224th Street
Area 122 - Harbor Gateway
City Torrance
County Los Angeles
Zip Code 90501

Amenities

Parking Spaces 10
Parking Uncovered
Garages Uncovered
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator
Heating None
Cooling None
Has Basement No
Fireplace No
# of Stories 2
Stories Multi/Split

Additional Information

Date Listed March 21st, 2024
Days on Market 42
Zoning LARD2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentTaylor Avakian
OfficeTAYVAY Corporation

Listing Map

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