1533 224th Street, Torrance
Torrance Home For Sale
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.
Property Details
Additional Information
-
- City:
- Torrance
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- County:
- Los Angeles
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- Zip:
- 90501
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- MLS® #:
- 24371403
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- Bedrooms:
- 3
-
- Bathrooms:
- 4
-
- Square Ft:
- 4,586
-
- Lot Size:
- 0.17
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- Levels:
- Multi/Split
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- HOA Dues:
- $
Price Change History for 1533 224th Street, Torrance, (MLS® #24371403)
| Date | Details | Price | Change |
|---|---|---|---|
| Pending (from Active) | – | – | |
| Price Reduced | $1,350,000 | $75,000 (5.26%) | |
| Price Reduced (from $1,750,000) | $1,425,000 | $325,000 (18.57%) |
Based on information from California Regional Multiple Listing Service, Inc. as of August 12th, 2024 at 12:40pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.