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Sold for $1,200,000
  • Listed by: Realty ONE Group United • Malkiat Sudwal • Contact: 310-356-0940
    Bought with: Century 21 Coastal Properties
    Tax assessed value
    $1,200,000

    1621 W 224th St, Torrance, CA 90501

    9beds
    6baths
    3,686sqft
    Triplex
    Built in 1988
    -- sqft lot
    $1,363,600 Zestimate®
    $326/sqft
    $3,255 Estimated rent

    Home value

    $1,363,600

    $1.23M - $1.51M

    $3,255/mo

    Zestimate® history
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    What's special

    Torrance with three units !!! All three units have three bedrooms each, with the front stacked units featuring two full baths. The house at the back, which originally stood on the property, also has three bedrooms but with one bath. Notably, the stacked units A and B were constructed in 1988, indicating they aren't subject to rent control, while the house at the back falls under rent control regulations. Additionally, the seller intends to carry out a 1031 exchange in out of california. This information should provide a comprehensive overview for potential buyers or investors interested in the property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Malkiat Sudwal DRE #01872826 3103442907,

    Realty ONE Group United

    Bought with:

    Vishesh Sharma, DRE #01984033

    Century 21 Coastal Properties

    Source: CRMLS,MLS#: SB24102806MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    Appliances
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,686
    • Total interior livable area: 3,686 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned
    • Garage spaces: 3
    • Uncovered spaces: 1
    Features
    • Levels: One,Two
    • Stories: 1
    • Entry location: street
    • Pool features: None
    Lot
    • Size: 7,200 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 7347001023
    • Zoning: LARD2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Unknown
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Torrance

    Financial & listing details

    • Price per square foot: $326/sqft
    • Tax assessed value: $1,200,000
    • Annual tax amount: $15,227
    • Date on market: 5/21/2024
    • Cumulative days on market: 114 days
    • Listing terms: 1031 Exchange
    • Total actual rent: 6400
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    11/15/2024Sold$1,200,000-11.1%$326/sqft
    Source: CRMLS #SB24102806 Report a problem
    9/16/2024Pending sale$1,350,000$366/sqft
    Source: CRMLS #SB24102806 Report a problem
    5/22/2024Listed for sale$1,350,000-10%$366/sqft
    Source: CRMLS #SB24102806 Report a problem
    1/15/2021Listing removed$1,500,000$407/sqft
    Source: CRMLS #SB20257090 Report a problem
    12/19/2020Listed for sale$1,500,000+566.7%$407/sqft
    Source: Thomas Maxim #SB20257090 Report a problem
    7/24/1998Sold$225,000+9.5%$61/sqft
    Source: Public Record Report a problem
    5/12/1998Sold$205,500-11.4%$56/sqft
    Source: Public Record Report a problem
    6/25/1997Sold$232,005+7.4%$63/sqft
    Source: Public Record Report a problem
    8/4/1995Sold$216,000-49%$59/sqft
    Source: Public Record Report a problem
    11/10/1994Sold$423,430$115/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,227 +201.5%$1,200,000 +247%
    2024$5,050 +1.8%$345,800 +2%
    2023$4,961 +4.4%$339,021 +2%
    2022$4,753 +1.7%$332,374 +2%
    2021$4,674 -0.8%$325,858 +1%
    2020$4,709 $322,517 +2%
    2019$4,709 +7%$316,194 +2%
    2018$4,401 $309,995 +2%
    2017$4,401 +2.2%$303,918 +2%
    2016$4,308 +3.3%$297,960 +1.5%
    2015$4,171 +0.9%$293,485 +2%
    2014$4,132 $287,737 +5.3%
    2010-- $273,259 -0.2%
    2009-- $273,909 +2%
    2008-- $268,539 +2%
    2007-- $263,274 +2%
    2006-- $258,113
    2005-- $258,113 +4%
    2004-- $248,092 +1.9%
    2003-- $243,546 +2%
    2002-- $238,771 +4%
    2000-- $229,500
    Find assessor info on the county website

    Neighborhood: 90501

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,363,600
    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
    $1,363,600