Rare and incredible opportunity to own a multi-family property in the heart of Torrance! This property consists of a 2 bed, 1 bath Single Family home (~1200sf) + a Duplex with (2) 1 bed, 1 bath units (~550sf each) making it perfect for a savvy investor, or owner occupant who can benefit from rental income.
The well-loved Single Family home features an open kitchen/dining layout and a large family room with a fireplace. It was remodeled in 2021 with a stunning new kitchen, new bathroom, new electrical, flooring and light fixtures. One of the duplex units was also completely remodeled in 2021, making it ready to rent out for top dollar, or host extended family or friends. Additional upgrades over the years include exterior windows, fencing, paint & stucco, sewer line, plumbing and instant hot water heater. The expansive 8800sf lot offers privacy between the front and back units, and potentially room to add an additional unit. It also has alley access at the rear and an RV pad.
This hidden gem is located on a quiet cul-de-sac in a fantastic neighborhood situated between Charles Wilson Park and Torrance Park, and right behind Torrance Elementary. It’s walking distance to Downtown Torrance, in close proximity to the Del Amo mall, many restaurants, and the 405 and 110 freeways.
Sold for $1,300,000
Listed by: Estate Properties • Alissa Winkler • Contact: 310-378-7747
Bought with: Thousands Realty & Management
Tax assessed value
$1,300,000
2401 Apple Ave, Torrance, CA 90501
4beds
3baths
2,236sqft
Triplex
Built in 1954
-- sqft lot
$1,444,700 Zestimate®
$581/sqft
$3,573 Estimated rent
Home value
$1,444,700
$1.33M - $1.57M
$3,573/mo
Zestimate® history
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$8,285/mo
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Zillow last checked:
Listing updated:
Listed by:
Alissa Winkler DRE #02135142 424-271-5152,
Estate Properties
Bought with:
Jian Juan Yu, DRE #01873384
Thousands Realty & Management
Source: CRMLS,MLS#: SB24116095
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Rooms
- Room types: Bedroom, Family Room, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer
- Laundry: In Garage, Outside
Features
- Beamed Ceilings, Open Floorplan, Quartz Counters, All Bedrooms Down, Bedroom on Main Level, Instant Hot Water, Main Level Primary
- Flooring: Tile, Wood
- Has fireplace: Yes
- Fireplace features: Family Room, Gas, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,236
- Total interior livable area: 2,236 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport, Concrete, Carport, Driveway Level, Driveway, RV Access/Parking
- Garage spaces: 2
- Carport spaces: 1
- Covered spaces: 3
- Uncovered spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Exterior features: Lighting, Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Wood
Lot
- Size: 8,801 Square Feet
- Dimensions: 55 x 160
- Features: Back Yard, Cul-De-Sac, Front Yard, Lawn, Level, Near Park, Paved, Rectangular Lot, Yard
Details
- Parcel number: 7359016005
- Zoning: TORR-MD
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Stucco
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Suburban, Sidewalks, Park
Location
- Region: Torrance
Financial & listing details
- Price per square foot: $581/sqft
- Tax assessed value: $1,300,000
- Annual tax amount: $15,065
- Date on market: 6/15/2024
- Cumulative days on market: 4 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,Submit
- Inclusions: All Appliances
- Total actual rent: 14400
- Tenant pays: Cable TV, Electricity, Gas
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2024 | Listing removed | $3,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/7/2024 | Listed for rent | $3,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/3/2024 | Sold | $1,300,000+5.7%$581/sqft |
Source:  CRMLS #SB24116095 Report a problem | ||
| 6/29/2024 | Pending sale | $1,230,000+68.5%$550/sqft |
Source: CRMLS #SB24116095 Report a problem | ||
| 4/21/2014 | Sold | $730,000-2.5%$326/sqft |
Source: Public Record Report a problem | ||
| 1/23/2014 | Listed for sale | $749,000$335/sqft |
Source: Prudential California Realty #SB14015238 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,065 +44.8% | $1,300,000 +48.2% |
| 2024 | $10,403 -8% | $877,323 +2% |
| 2023 | $11,303 +12.2% | $860,121 +2% |
| 2022 | $10,075 +1.9% | $843,257 +2% |
| 2021 | $9,891 +1.5% | $826,724 +1% |
| 2020 | $9,746 | $818,248 +2% |
| 2019 | $9,746 +4.8% | $802,205 +2% |
| 2018 | $9,301 | $786,476 +2% |
| 2017 | $9,301 +2.2% | $771,056 +2% |
| 2016 | $9,105 +2.5% | $755,938 +1.5% |
| 2015 | $8,886 +501.1% | $744,584 +722.3% |
| 2014 | $1,478 | $90,551 +4.5% |
| 2011 | -- | $86,644 +0.5% |
| 2009 | -- | $86,202 +6.1% |
| 2006 | -- | $81,233 -84.4% |
| 2005 | -- | $520,200 +566.2% |
| 2004 | -- | $78,080 +3.9% |
| 2002 | -- | $75,148 +4% |
| 2000 | -- | $72,231 |
Find assessor info on the county website
Neighborhood: Olde Torrance
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Nearby schools
GreatSchools rating
- 7/10Torrance Elementary SchoolGrades: K-5Distance: 0.1 mi
- 6/10J. H. Hull Middle SchoolGrades: 6-8Distance: 0.6 mi
- 9/10Torrance High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$1,444,700
Get a cash offer in 3 minutes
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Estimated market value
$1,444,700
- California
- Los Angeles County
- Torrance
- 90501
- Olde Torrance
- 2401 Apple Ave
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