Excellent 4-unit investment opportunity located in the highly desirable Torrance area, conveniently near shopping, dining, and top-rated schools. The units have been updated and remodeled, providing strong rental appeal and steady income potential. Great opportunity for investors seeking long-term appreciation with upside in future rents.
For sale
Listed by: Coldwell Banker Envision • Maribel Garibay • Contact: 714-313-8260
Price cut: $45K (6/18)
$925,000
1627 W 228th St, Torrance, CA 90501
4beds
4baths
2,600sqft
Quadruplex
Built in 1956
-- sqft lot
$917,200 Zestimate®
$356/sqft
$-- HOA
What's special
- 117 days
- 396
- 15
Zillow last checked:
Listing updated:
Listed by:
Maribel Garibay DRE #01892578 714-313-8260,
Coldwell Banker Envision
Source: CRMLS,MLS#: DW26083635
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Parking
- Total spaces: 4
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 7,201 Square Feet
Details
- Parcel number: 7347016024
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Suburban, Sidewalks
Location
- Region: Torrance
Financial & listing details
- Price per square foot: $356/sqft
- Tax assessed value: $921,374
- Date on market: 5/14/2026
- Cumulative days on market: 117 days
- Listing terms: Cash,Cash to New Loan,Conventional
Estimated market value
$917,200
$871,000 - $963,000
$3,541/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Price change | $925,000-4.6%$356/sqft |
Source: | ||
| 5/14/2026 | Listed for sale | $970,000+9.6%$373/sqft |
Source: | ||
| 8/18/2023 | Sold | $885,000+29.4%$340/sqft |
Source: Public Record Report a problem | ||
| 4/18/2018 | Sold | $684,000-0.9%$263/sqft |
Source: Public Record Report a problem | ||
| 1/31/2018 | Pending sale | $690,000$265/sqft |
Source: Berkshire Hathaway Home Srvcs #TR17263800 Report a problem | ||
| 1/31/2018 | Listed for sale | $690,000+13.1%$265/sqft |
Source: Berkshire Hathaway Home Srvcs #TR17263800 Report a problem | ||
| 12/22/2005 | Sold | $610,000+69.4%$235/sqft |
Source: Public Record Report a problem | ||
| 7/8/2003 | Sold | $360,000+111.8%$138/sqft |
Source: Public Record Report a problem | ||
| 6/4/1997 | Sold | $170,000$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $921,374 +2% |
| 2025 | $11,734 +1.4% | $903,320 +2% |
| 2024 | $11,575 +16.7% | $885,620 +18.3% |
| 2023 | $9,920 +4.7% | $748,671 +2% |
| 2022 | $9,479 +1.4% | $734,004 +2% |
| 2021 | $9,352 -0.9% | $719,625 +1% |
| 2020 | $9,438 | $712,253 +2% |
| 2019 | $9,438 -0.9% | $698,300 -4.8% |
| 2018 | $9,528 | $733,249 +10.4% |
| 2017 | $9,528 +9.8% | $664,000 +23% |
| 2016 | $8,674 +21.5% | $540,000 +8% |
| 2015 | $7,140 +4.9% | $500,000 |
| 2014 | $6,804 | $500,000 +25% |
| 2012 | -- | $400,000 -16.5% |
| 2011 | -- | $478,861 |
| 2010 | -- | $478,861 -26% |
| 2009 | -- | $647,336 +2% |
| 2008 | -- | $634,644 +2% |
| 2007 | -- | $622,200 +2% |
| 2006 | -- | $610,000 +62.9% |
| 2005 | -- | $374,544 +4% |
| 2004 | -- | $360,000 +88.4% |
| 2003 | -- | $191,054 +2% |
| 2002 | -- | $187,309 +4% |
| 2000 | -- | $180,038 |
Find assessor info on the county website
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Neighborhood: 90501
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