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Off market
  • $1,078,200

    1542 W 224th St, Torrance, CA 90501

    6beds
    3baths
    2,742sqft
    MultiFamily
    Built in 1949
    -- sqft lot
    $1,078,200 Zestimate®
    $393/sqft
    $3,160 Estimated rent

    Home value

    $1,078,200

    $981,000 - $1.18M

    $3,160/mo

    Zestimate® history
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    Owner options

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    Rent Zestimate®

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    $6,824/mo

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    $6,824/mo

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    What's special

    Reduced in price. 3 units on a very large lot. Free-standing front house is a 2+1 with private front yard and a separate one-car garage. Uncovered parking for an additional 4 cars. Additionally, an attached duplex sits at the back of the property - each unit with either a private front yard or private back yard. Each unit in the duplex is a 2+1. Back unit is vacant and has been recently painted and renovated--great for owner user or bring in new tenant at market rates. Owners have not raised rents for many years as having become fond of the tenants. Good sized rooms in all units plus light and bright. Rents reflect 7/1/2014 rent increases. All tenants are month-to-month. Owners have maintained LA Rent Control and pay the Rent Control board $204 annually.. Inside vacant back unit only. Viewing of other two units inside with accepted offer. As you can see, this sits on a very large lot and property has upside potential. See private remarks for showing instructions.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Interior area
    • Total interior livable area: 2,742 sqft

    Property

    Lot
    • Size: 9,601 Square Feet
    Details
    • Parcel number: 7347007008

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1949

    Community & HOA

    Location
    • Region: Torrance

    Financial & listing details

    • Price per square foot: $393/sqft
    • Tax assessed value: $504,767
    • Annual tax amount: $6,903

    Price history

    DateEventPrice
    9/12/2014Sold$420,000-7.7%$153/sqft
    Source: CLAW #14751855 Report a problem
    7/8/2014Price change$455,000-4%$166/sqft
    Source: RE/MAX ESTATE PROPERTIES #14751855 Report a problem
    6/26/2014Price change$474,000-3.1%$173/sqft
    Source: RE/MAX ESTATE PROPERTIES #14751855 Report a problem
    6/3/2014Price change$489,000-5.8%$178/sqft
    Source: RE/MAX ESTATE PROPERTIES #14751855 Report a problem
    4/12/2014Listed for sale$519,000$189/sqft
    Source: RE/MAX ESTATE PROPERTIES #14751855 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,903 +1.5%$504,767 +2%
    2024$6,801 +1.9%$494,870 +2%
    2023$6,676 +4.5%$485,168 +2%
    2022$6,386 +1.5%$475,656 +2%
    2021$6,295 -0.9%$466,330 +1%
    2020$6,349 $461,549 +2%
    2019$6,349 +6.2%$452,500 +2%
    2018$5,978 $443,628 +2%
    2017$5,978 +2.2%$434,931 +2%
    2016$5,850 +2.7%$426,404 +1.5%
    2015$5,695 +245.2%$420,000 +396.7%
    2014$1,650 $84,554 +4.5%
    2011-- $80,906 +0.5%
    2009-- $80,494 +4%
    2007-- $77,370 +2%
    2006-- $75,854
    2005-- $75,854 +4%
    2004-- $72,910 +1.9%
    2003-- $71,575 +6.1%
    2000-- $67,450
    Find assessor info on the county website

    Neighborhood: 90501

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,078,200
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    Estimated market value
    $1,078,200