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Sold for $1,072,000
    • Listed by: Bonanza Realty • John Fields • Contact: 310-617-5850
    Bought with: Realty One Group Homelink
    Tax assessed value
    $1,072,000

    2264 Torrance Blvd, Torrance, CA 90501

    2beds
    3baths
    1,948sqft
    Mixed Use
    Built in 1930
    -- sqft lot
    $1,146,500 Zestimate®
    $550/sqft
    $2,719 Estimated rent

    Home value

    $1,146,500

    $1.05M - $1.25M

    $2,719/mo

    Zestimate® history
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    What's special

    Subject to Cancellation of Existing Escrow. Mixed use property on a knoll above high traffic Torrance Bl. in nice area of Old Torrance. Property still shows as a triplex in the tax rolls. City of Torrance permits from early 1980's show front duplex turned into four office spaces with two bathrooms and kitchenette. Three of the four offices rented at below market rents and the owner is using suite #2. Above the three car garage in the rear is a two bedroom apartment. Separate patio and yard area for this unit. There are also three side by side parking spaces for the front offices on the side alley. Property has been well kept. Rents are low. Could turn the front four offices back into two 1 bedroom, 1 bath units each with a garage and one extra parking space would easily rent for at least $2,200 per month each. Front structure is also 1,248 sqare feet so it could also be turned into one house. No State or City Rent Control on office property. Large front yard. Great potential and great upside.

    Zillow last checked:

    Listing updated:

    Listed by:

    John Fields DRE #00993786 310-617-5850,

    Bonanza Realty

    Bought with:

    Enrique Esparza Martinez, DRE #01926362

    Realty One Group Homelink

    Source: CRMLS,MLS#: SB24117045MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Gas Dryer Hookup, Laundry Room
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,948
    • Total interior livable area: 1,948 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage
    • Garage spaces: 3
    • Uncovered spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 4,782 Square Feet
    • Features: Back Yard, Near Park, Rectangular Lot
    Details
    • Parcel number: 7355005004
    • Zoning: TOCC-GEN
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Park
    Location
    • Region: Torrance

    Financial & listing details

    • Price per square foot: $550/sqft
    • Tax assessed value: $1,072,000
    • Annual tax amount: $12,480
    • Date on market: 6/8/2024
    • Cumulative days on market: 56 days
    • Listing terms: Cash to New Loan,Conventional
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    10/29/2024Sold$1,072,000$550/sqft
    Source: CRMLS #SB24117045 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,480 +125.5%$1,072,000 +141.7%
    2024$5,534 +1.8%$443,458 +2%
    2023$5,436 +1.4%$434,763 +2%
    2022$5,362 +2%$426,239 +2%
    2021$5,258 +1.4%$417,883 +1%
    2020$5,183 $413,599 +2%
    2019$5,183 +5.4%$405,490 +2%
    2018$4,917 $397,540 +2%
    2017$4,917 +2.1%$389,746 +2%
    2016$4,815 +2.7%$382,105 +1.5%
    2015$4,688 +4.6%$376,366 +2%
    2014$4,483 $368,994 +4.5%
    2011-- $353,067 +0.8%
    2010-- $350,429 -0.2%
    2009-- $351,263 +2%
    2008-- $344,376 +4%
    2006-- $331,006
    2005-- $331,006 +6%
    2003-- $312,325 +27.3%
    2002-- $245,422 +4%
    2000-- $235,894
    Find assessor info on the county website

    Neighborhood: Olde Torrance

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    Estimated market value
    $1,146,500
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    Estimated market value
    $1,146,500

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