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Off market
  • $1,160,800

    1577 Torrance Blvd, Torrance, CA 90501

    7beds
    4baths
    3,696sqft
    MultiFamily
    Built in 1961
    -- sqft lot
    $1,160,800 Zestimate®
    $314/sqft
    $3,959 Estimated rent

    Home value

    $1,160,800

    $1.06M - $1.27M

    $3,959/mo

    Zestimate® history
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    $7,835/mo

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    What's special

    First time on the market in 34 years. This Triplex is a value-add deal with major rent upside. The building is 3,696 sq. ft with extremely large units and is twice as big as any triplex that has recently traded. Asking price per sq. ft is 229.98! The average price per sq. ft of the sales comps in the area show $295 per sq. ft. Excellent unit mix composed of one 3 Bd / 2 Ba unit, two 2 Bd / 1 Ba units. There is a two-car garage and two car ports located in the back of the building. The property features recently remodeled bathrooms. Located 1.5 miles South of the San Diego (405) Freeway, major cross streets are Torrance Blvd and South Western Ave. Also, less than 1 mile away from Honda HQ and 1.5 miles away from Harbor UCLA and Torrance HS.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Appliances
    • Laundry: Individual Room
    Features
    • Common walls with other units/homes: 2+ common walls
    Interior area
    • Total interior livable area: 3,696 sqft

    Property

    Parking
    • Total spaces: 4
    Lot
    • Size: 7,514 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 7349002013
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $350 monthly
    Location
    • Region: Torrance

    Financial & listing details

    • Price per square foot: $314/sqft
    • Tax assessed value: $369,648
    • Annual tax amount: $5,445

    Price history

    DateEventPrice
    8/18/2019Listing removed$850,000$230/sqft
    Source: Keller Williams Beach Cities #SB19154917 Report a problem
    7/1/2019Listed for sale$850,000$230/sqft
    Source: Keller Williams Beach Cities #SB19154917 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,445 +2.1%$369,648 +2%
    2024$5,332 +1.8%$362,401 +2%
    2023$5,238 +4.3%$355,296 +2%
    2022$5,021 +1.7%$348,331 +2%
    2021$4,940 -0.8%$341,502 +1%
    2020$4,977 $338,001 +2%
    2019$4,977 +6.7%$331,374 +2%
    2018$4,663 $324,878 +2%
    2017$4,663 +2.1%$318,508 +2%
    2016$4,567 +3.2%$312,264 +1.5%
    2015$4,426 +0.9%$307,574 +2%
    2014$4,385 $301,550 +2.5%
    2012-- $294,303 +2%
    2011-- $288,533 +0.8%
    2010-- $286,378 -0.2%
    2009-- $287,060 +2%
    2008-- $281,433 +2%
    2007-- $275,916 +2%
    2006-- $270,507
    2005-- $270,507 +4%
    2004-- $260,005 +1.9%
    2003-- $255,241 +2%
    2002-- $250,238 +4%
    2000-- $240,522
    Find assessor info on the county website

    Neighborhood: 90501

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,160,800
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    Estimated market value
    $1,160,800