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Listed by Eric Chen • CB RICHARD ELLIS
$1,899,000
Est. payment /mo
7,688 SqFt
Active Under Contract
1344 West 225th Street Torrance, CA 90501
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Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 7,688 sqft
Price per Sqft $247
MLS Listing ID CV-25109104
Year Built 1962
Lot Size 10,000 Sqft
Property Sub-Type Apartment
Property Description
We are proud to present an opportunity to acquire a 10-unit property located at 1344 W 225th Street in the desirable city of Torrance PO. Strategically located in the Harbor area of Torrance directly across from the Normandie Recreation Center between Normandie Avenue and Halldale Avenue. 1344 W 225th Street consists of 7,688 square feet of rentable space on a well-maintained 10,000 square foot lot. Built in 1962, the property features a desirable unit mix of one-bedroom/one-bathroom and two-bedroom/one-bathroom units. This two story building includes a variety of amenities. Exterior features include low-maintenance mature landscaping, laundry facility, individual porches, and surface lot parking. Units feature carpet, vertical blinds, wall air conditioning, and fully-equipped bathrooms and kitchens with oven ranges. Nestled within the desirable South Bay region of Los Angeles County, Torrance PO presents a compelling investment landscape characterized by its blend of suburban charm and urban convenience. The property at 1344 W 225th Street enjoys a central location offering residents seamless access to a wealth of amenities. Nature enthusiasts will appreciate the proximity to local parks and nature centers, while the allure of the Pacific Ocean is just a short six-mile drive to Torrance Beach. Furthermore, the property's close proximity to major institutions like Harbor UCLA Medical Center adds to the area's stability and desirability. Beyond immediate necessities, residents benefit from convenient access to metro transit stations, diverse shopping centers, entertainment venues like theaters and restaurants, and trendy shops, catering to a wide range of lifestyles. 1344 W 225th Street in Torrance PO is a stable income-producing asset in Los Angeles County, promising a strong return on investment. Whether you're a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.
Location
State CA
County Los Angeles
Area 122 - Harbor Gateway
Zoning LARD1.5
Interior
Laundry Common Area
Exterior
Parking Features Gated
Pool None
Community Features Curbs, Sidewalks
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer