1617 West 224th Street

Torrance, CA 90501

$1,010,000
Price
5
Beds
3
Baths
2,014 Sq. Ft.
$501 / Sq. Ft.
2,014
Sq. Ft.
$501
per Sq. Ft.

Description

3-bedroom house in front with a duplex behind (both 1-bedroom) all on a large 40x180 flat-lot. All units have individual water heaters, separate gas & electric meters for reduced expenses, and tenants pay for their own trash collection. The complete lot behind the front house is paved with concrete to allow open parking for several cars and other vehicles . SFR: The 3 bedroom, 2 bathroom, house is approx 1014 sq ft and features wood and tile floors; newer large kitchen with dine-in area, tile counters,...3-bedroom house in front with a duplex behind (both 1-bedroom) all on a large 40x180 flat-lot. All units have individual water heaters, separate gas & electric meters for reduced expenses, and tenants pay for their own trash collection. The complete lot behind the front house is paved with concrete to allow open parking for several cars and other vehicles . SFR: The 3 bedroom, 2 bathroom, house is approx 1014 sq ft and features wood and tile floors; newer large kitchen with dine-in area, tile counters, dishwasher, stove/oven and refrigerator; aluminum windows; raised foundation and attic area for easy modifications; . Duplex: The two 1-bedroom units have a very efficient floor plan even though they're only 500 sq ft each. All units are remodeled and in good conditions. Large LARD2 Lot with a great potential to be developed in the future. This property is located in a nice residential neighborhood .
  1. Listed by Mick Avramovic • DRE #01894375 • Brokerage DRE #00636086 • Beverly and Company, Inc.

Property Details for 1617 West 224th Street

Zoning
LARD2
Style
Other
Parcel Number
7347001022
Total Units
3.0
Living Area
2014
Source Living Area
Vendor Enhanced
Area
Harbor Gateway (122)
Vacancy Rate
0
LISTING UPDATED: 11/09/2024 06:31 AM

Property Details for 1617 West 224th Street

StatusActive
MLS #24-393805
Days on Market185
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.17 AC / 7,202 SF
CountyLos Angeles County

Building Information for 1617 West 224th Street

Stories-Residences-Year Built1948Building Size-Lot Size0.17 AC / 7,202 SF

Property Information for 1617 West 224th Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Triplex
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $49,008
  • Gross Rent Multiplier: $.00
  • Actual Gross Annual Income: $49,008
  • Actual Rent Total: $49,008.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1653
  • Lot Size Square Feet: 7202
Parking Details
Parking Details
  • Parking Garage: Driveway - Pavers
  • Total Parking: 5
  • Open Other Spaces Total: 5
  • Parking Features: Paved
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 05-17-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,075.00
  • Unit Actual Rent: $2,075.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,144.00
  • Unit Actual Rent: $1,144.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $865.00
  • Unit Actual Rent: $865.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $262,793.00
  • Assessed Improvement Percent: 40.72
  • Assessed Land Value: $382,628.00
  • Assessed Land Percent: 59.28
  • Assessed Total Value: $645,421.00

Property History for 1617 West 224th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1617 West 224th Street

Taxable ValueLand$390,280Additions$268,328Total$658,608
Tax Record2024$8,663 ($722 / month)
Home Facts
Total Finished SqFt2,014 SqFtAbove Grade Finished SqFt2,014 SqFtLot Size7,200 SqFtStyleTriplexYear Built1948ZoningLARD2CountyLOS ANGELESAPN7347-001-022

Schools near 1617 West 224th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Meyler Street Elementary School
PublicK to 5

Scholarship Prep - South Bay
CharterK to 8

Nathaniel Narbonne Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1617 West 224th Street is a multi-family home for sale in Torrance, CA 90501. This property was listed for sale on May 17, 2024 by Beverly and Company, Inc., it's currently listed at $1,010,000. It has been on the market for a total of 185 days and was last sold on June 20, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Meyler Street Elementary School, Scholarship Prep - South Bay and Nathaniel Narbonne Senior High School. 1617 West 224th Street is a 5-bed, 3-bath, 2,014 sqft multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beverly and Company, Inc., Mick Avramovic, DRE #01894375

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.