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1535 W 224th Street

Torrance, CA 90501
  • $665,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: SB21196235
UPDATED: 109 min ago
$665,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Description

Unique residential investment opportunity. This lot has 2-free standing units in the back of the lot and paved parking in the front of the lot. These two units are part of a five unit compound. Next door (1541) there are 2 free-standing units in the back and a house in the front. Each property has it's own APN #. There is one security fence and remote controlled gate for both properties. The back two units on each lot have raised flooring, built in 1961 and have 798 sq. ft. each per the county assessor. Parking in the compound - each unit has 2 spaces and there are 3 additional visitor spaces. Each lot is 7200 sq. ft. for a total of 14,400 sq. ft. Check for additional development opportunities. Offers subject to inspection. Both properties, 1541 and 1535, must close concurrently.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-18T00:25:52.45. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
www.theparsonsrealestateteam.com/homes/121949457
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1535 W 224th Street Torrance, CA 90501

  • Price: $665,000
  • Status: Active
  • Updated: 109 min ago
  • ID#: SB21196235
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1961
Built
Neighborhood:
122 - Harbor Gateway
County:
Los Angeles
Area:
122 - Harbor Gateway
Property Description
Unique residential investment opportunity. This lot has 2-free standing units in the back of the lot and paved parking in the front of the lot. These two units are part of a five unit compound. Next door (1541) there are 2 free-standing units in the back and a house in the front. Each property has it's own APN #. There is one security fence and remote controlled gate for both properties. The back two units on each lot have raised flooring, built in 1961 and have 798 sq. ft. each per the county assessor. Parking in the compound - each unit has 2 spaces and there are 3 additional visitor spaces. Each lot is 7200 sq. ft. for a total of 14,400 sq. ft. Check for additional development opportunities. Offers subject to inspection. Both properties, 1541 and 1535, must close concurrently.
Exterior Features

Architectural Style Bungalow Construction Materials Blown-In InsulationDrywallStucco Exterior Features Awning(S)Tv Antenna Fencing Wood Foundation Details Raised Lot Features Back Yard Number Of Separate Electric Meters 2 Open Parking Spaces 10 Parking Features Assigned Parking Total 10 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition

Interior Features

Accessibility Features Safe Emergency Egress From HomeLow Pile CarpetNo StairsAccessible DoorsAccessible Hallway(S) Appliances Electric RangeGas Range Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Door Features Insulated Doors Fireplace Features None Fireplace YN No Flooring CarpetLaminateTile Heating Wall Furnace Heating YN Yes Interior Features All Bedrooms Down Window Features Double Pane Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsStreet LightsSuburbanSidewalks Contingency 1541 W. 224ThNext Door PropertyClosing Concurrently Current Financing Conventional Disclosures Familial RelationRent Control Electric Standard Garage YN No Gross Income 0 Gross Scheduled Income 33972 Insurance Expense 600 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupIn Kitchen Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 22828 New Construction YN No New Taxes Expense 7980 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 11144 Other Equipment Satellite Dish Possession Close Of Escrow Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Fire Detection SystemSecurity GateSmoke Detector(S)Security Lights Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 1417 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 983 Water Source Public Zoning Lard2

Listing provided courtesy of Bruce Short of Berkshire Hathaway Homeservices California Properties and Jerrie Short of Berkshire Hathaway Homeservice


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-18T00:25:52.45. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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