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Sold for $1,300,000
  • $1,300,000

    1533 W 224th St, Torrance, CA 90501

    8beds
    9baths
    4,586sqft
    Multi Family
    Built in 1986
    -- sqft lot
    $1,477,500 Zestimate®
    $283/sqft
    $2,918 Estimated rent

    Home value

    $1,477,500

    $1.33M - $1.65M

    $2,918/mo

    Zestimate® history
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    $2,918/mo

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    $8,410/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Taylor Avakian DRE # 02060040 916-996-4421,

    Lyon Stahl Investment Real Estate, Inc. 310-425-9838

    Bought with:

    Cameron Samimi, DRE # 02035763

    Lyon Stahl Investment Real Estate, Inc.

    David Messiah, DRE # 02117893

    Lyon Stahl Investment Real Estate, Inc.

    Source: CLAW,MLS#: 24-371403MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 9
    Heating
    • None
    Cooling
    • None
    Appliances
    • Included: Refrigerator, Range/Oven
    Interior area
    • Total structure area: 4,586
    • Total interior livable area: 4,586 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi/Split
    • Stories: 2
    Lot
    • Size: 7,200 Square Feet
    • Dimensions: 40 x 180
    Details
    • Additional structures: None
    • Zoning: LARD2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1986

    Community & HOA

    Location
    • Region: Torrance

    Financial & listing details

    • Price per square foot: $283/sqft
    • Tax assessed value: $405,751
    • Date on market: 12/10/2025

    Price history

    DateEventPrice
    11/1/2024Sold$1,300,000-3.7%$283/sqft
    Source: CLAW #24-371403 Report a problem
    8/2/2024Pending sale$1,350,000$294/sqft
    Source: CLAW #24-371403 Report a problem
    7/25/2024Price change$1,350,000-5.3%$294/sqft
    Source: CLAW #24-371403 Report a problem
    5/13/2024Price change$1,425,000-18.6%$311/sqft
    Source: CLAW #24-371403 Report a problem
    3/21/2024Listed for sale$1,750,000$382/sqft
    Source: CLAW #24-371403 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 90501

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $1,477,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,477,500