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Duplex Package With Triplex
For Sale
$799,888

1535 W 224th Street, Torrance, CA 90501

Torrance, CA

Property Size1,596 SF
Lot Size0.17 Acres
Price / SF$501.18
Days on Market113

Property Features for 1535 W 224th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning LARD2
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Laundry Room, Bedroom 2, Bedroom 1, Kitchen, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2
Parking 13
Parking features Side By Side, Covered, Assigned, Driveway
Interior features Quartz Counters, Ceiling Fan(s)
Exterior features Awning(s)
Appliances Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Gas Water Heater, Vented Exhaust Fan, Range Hood, Gas Range, Gas Oven, Dishwasher
Lot features 0-1 Unit/ Acre
Elementary school district Los Angeles Unified
Middle school district Los Angeles Unified
High school district Los Angeles Unified
Directions From 110 Freeway, exit 223rd headed west
Subdivision 122 - Harbor Gateway
Standard status Active
APN 7347002030
Size 1,596 SF
Lot size 0.17 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1961
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials Wood Siding, Stucco
Roof type Shingle
Architectural style Cottage
Additional Structures Storage
Listing Agency: ClearThink Homes
Listed By: Gilbert Gutierrez · License #02022002
Added: May 21 Changed: Sep 8 Last Checked: Sep 10 at 11:06PM
MLS# PW26112707

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering combines two adjacent residential parcels at 1535 W 224th Street and 1541 W 224th Street for a five-unit rental property. The 1535 parcel contains a 2-unit duplex with 4 bedrooms, 2 bathrooms, and 1,596 square feet; the 1541 parcel includes a 3-unit triplex with 6 bedrooms, 3 bathrooms, and 2,558 square feet. Both properties were built in 1961 and are described as well-maintained, with improvements including select bathroom remodels, updated cabinetry and quartz countertops, subfloor plumbing work, and new flooring. The properties are zoned LARD2, with each parcel assigned its own APN.

The package is located in Harbor Gateway with direct access to the 110 Freeway. The properties are minutes from the Port of LA, the South Bay employment corridor, and Downtown Los Angeles, and are a short distance from Harbor-UCLA Medical Center. Four of the five tenants have occupied their units for more than 10 years. Public water and sewer serve the parcels, and parking includes covered, assigned, side-by-side, and driveway spaces.

Key Highlights

  • Five‑unit package across two adjacent parcels totaling 14,402 sq ft
  • 1535 W 224th Street includes a 2‑unit duplex with 4 bedrooms, 2 bathrooms, and 1,596 sq ft
  • 1541 W 224th Street includes a 3‑unit triplex with 6 bedrooms, 3 bathrooms, and 2,558 sq ft

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Law Firm Food Market Grocery & Convenience Store Real Estate Agency (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,841
Businesses Nearby

Demographics for 90501, CA

43,990
Population
15,867
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
7,718
Density / Sq Mi
$92,815
Median Household Income
$43,526
Median Earnings
$1,868
Median Rent
$887,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two adjacent residential parcels combine rental units, public utilities, assigned parking, and LARD2 zoning in Harbor Gateway.
Where is this duplex located?
The property is located at 1535 W 224th Street Torrance, CA.
What is the asking price?
The asking price for this property is $799,888.
What are key features of this property?
This property features: Five‑unit package across two adjacent parcels totaling 14,402 sq ft; 1535 W 224th Street includes a 2‑unit duplex with 4 bedrooms, 2 bathrooms, and 1,596 sq ft; 1541 W 224th Street includes a 3‑unit triplex with 6 bedrooms, 3 bathrooms, and 2,558 sq ft
More about this property
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