Sold for $1,650,000

Listed by: Lyon Stahl Investment Real Estate, Inc. • Evelyn Baez Gonzalez • Contact: 951-902-3006

Bought with: Lyon Stahl Investment Real Estate, Inc.

$1,650,000

1536 W 226th St, Torrance, CA 90501

10beds

10baths

5,300sqft

Multi Family

Built in 1955

-- sqft lot

$1,529,200 Zestimate^®

$311/sqft

$3,102 Estimated rent

Home value

$1,529,200

$1.39M - $1.67M

$3,102/mo

Zestimate^® history

Owner options

List your home for rent

$3,102/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$3,102/mo

Rent Zestimate^®

Refinance and save

$10,575/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$10,575/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

1536 & 1540 W 226th St, Torrance is a 10-unit apartment complex located in Torrance P.O. It consists of two 5-unit buildings on separate, adjacent APNs sharing a gated driveway. Constructed in 1955 both buildings total 5,300 SF and sitting on a large 14,398 SF lot zoned LARD1.5. Excellent Unit Mix of (10) Spacious 1-Bedroom Units. Two Carports, one for each building with 5 Parking Spaces Each (total 10 covered parking spaces), presents a perfect opportunity to add ADUs. This investment presents a tremendous value-add opportunity at 13.98 GRM and 4.06% Cap Rate on current rents. All units are separately metered for gas and electricity. Property is located in a high demand market in the South Bay. SEE ATTACHMENT WITH OFFERING MEMORANDUM.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 10

Heating

None

Cooling

None

Appliances

Laundry: None

Features

Flooring: Vinyl
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 5,300
Total interior livable area: 5,300 sqft

Property

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Entry location: 1
Pool features: None
Spa features: None

Lot

Size: 0.33 Acres
Features: 0-1 Unit/Acre

Details

Additional parcels included: 7347011019
Parcel number: 7347011020
Zoning: LARD1.5
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Adobe
Roof: Asphalt

Condition

New construction: No
Year built: 1955

Utilities & green energy

Electric: 220 Volts For Spa
Sewer: Public Sewer
Water: Public
Utilities for property: None

Community & HOA

Community

Features: Sidewalks

Location

Region: Torrance

Financial & listing details

Price per square foot: $311/sqft
Date on market: 9/19/2023
Cumulative days on market: 20 days
Listing terms: Cash,Cash to New Loan,1031 Exchange
Tenant pays: Electricity, Gas

Price history

Date	Event	Price
11/18/2024	Listing removed	$2,325
Source: Zillow Rentals Report a problem
8/6/2024	Listed for rent	$2,325
Source: Zillow Rentals Report a problem
1/4/2024	Sold	$1,650,000$311/sqft
Source: CRMLS #SB23172858 Report a problem
12/30/2023	Pending sale	$1,650,000$311/sqft
Source: CRMLS #SB23172858 Report a problem
10/18/2023	Contingent	$1,650,000$311/sqft
Source: CRMLS #SB23172858 Report a problem
9/19/2023	Listed for sale	$1,650,000$311/sqft
Source: CRMLS #SB23172858 Report a problem