Sold for $1,060,000

Street View

$1,060,000

1405 W 228th St, Torrance, CA 90501

35beds

18,175sqft

Apartment

Built in 1950

-- sqft lot

$-- Zestimate^®

$58/sqft

$2,717 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,717/mo

Zestimate^® history

Owner options

List your home for rent

$2,717/mo

Rent Zestimate^®

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$2,717/mo

Rent Zestimate^®

Refinance and save

$6,716/mo

Est. payment

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$6,716/mo

Est. payment

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What's special

15,215 SF of level land zoned LACM. Perfect for multi-residential or commercial development. There is a home plus a few other older structures on the property. CORNER lot is ideal for development. Note new construction around the immediate area. As of 4/26/23 the property next door at 1409 is also for sale. RARE opportunity to buy 2 side-by-side lots, both having rentable structures on them. Combined there is about 30,000 SF of land for current or future development. In the meantime, the onsite units can be rented out. 2023-09-08

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 35
Bathrooms: 35
Full bathrooms: 35

Heating

Forced air, Electric

Cooling

Central

Appliances

Included: Refrigerator

Features

Flooring: Linoleum / Vinyl

Interior area

Total interior livable area: 18,175 sqft

Property

Parking

Total spaces: 13
Parking features: On-street

Features

Exterior features: Stucco, Wood, Wood products, Cement / Concrete, Metal
Has view: Yes
View description: None

Lot

Size: 0.35 Acres

Details

Parcel number: 7347014013

Construction

Type & style

Home type: Apartment
Architectural style: Conventional

Materials

Roof: Composition

Condition

Year built: 1950

Community & HOA

Location

Region: Torrance

Financial & listing details

Price per square foot: $58/sqft
Tax assessed value: $1,081,200
Annual tax amount: $15,753

Price history

Date	Event	Price
9/11/2023	Sold	$1,060,000-11.7%$58/sqft
Source: Public Record Report a problem
8/3/2023	Pending sale	$1,200,000$66/sqft
Source: Engel & Volkers #SB23052646 Report a problem
4/1/2023	Listed for sale	$1,200,000$66/sqft
Source: Engel & Volkers #SB23052646 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$15,753 +15.3%	$1,081,200 +2%
2024	$13,660 +514.7%	$1,060,000 +830.1%
2023	$2,222 +3.3%	$113,961 +2%
2022	$2,150 +1.4%	$111,728 +2%
2021	$2,121 -0.4%	$109,538 +1%
2020	$2,130	$108,415 +2%
2019	$2,130 +22.8%	$106,291 +2%
2018	$1,734	$104,208 +2%
2017	$1,734 +2.1%	$102,166 +2%
2016	$1,699 +2.9%	$100,164 +1.5%
2015	$1,651 +0.7%	$98,660 +2%
2014	$1,640	$96,728 +2.5%
2012	--	$94,405 +2%
2011	--	$92,555 +0.8%
2010	--	$91,865 -0.2%
2009	--	$92,085 +2%
2008	--	$90,280 +2%
2007	--	$88,511 +2%
2006	--	$86,776
2005	--	$86,776 +4%
2004	--	$83,408 +1.9%
2003	--	$81,880 +2%
2002	--	$80,275 +4%
2000	--	$77,159