12-Unit Apartment
1414 W 225th Street, Torrance, CA 90501
For Sale
$3,098,000
Two residential buildings include shared laundry rooms, gated access, and assigned covered parking.
Property Size11,980 SF
Price / SF$258.60
Days on Market20
Property Features for 1414 W 225th Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Financials
Cap Rate
Gross Rent Multiplier
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Amenities
community laundry rooms
secure gated entry
1
true
2+ Common Walls
false
2
Common Area
0-1 Unit/Acre
Public
15005
12
0.3445
Public Records
Detached Carport
11980
14
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Buckingham Investments, Inc
(650) 549-4849
Listed By:
Christopher Crosby · License #02116879
(310) 982-7055
Source:
Gotrealestatesolutions
Added: Oct 21
Changed: Nov 7
Last Checked: Nov 8 at 12:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Buckingham Investments, Inc
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Investment Insights
Based on property information with market context.
The property comprises two buildings with 12 apartments and 11,980 SQFT of total area. Each residence has three bedrooms and 1.5 bathrooms, with floor plans averaging nearly 1,000 SQFT. Shared amenities include two laundry rooms, 12 assigned carport spaces, and gated entry. The building dates to 1962; improvements include a roof installed in 2021, exterior painting in 2026, renovated apartments, and a completed SB 721 balcony inspection. There are 14 separate gas and electric meters. The property is subject to the Los Angeles RSO.
Located in Torrance’s Harbor Gateway area, the property sits across from Normandie Recreation Center. The reported 9.6 GRM and 6.1% cap rate describe current performance; the source also estimates 59% rent upside and projects a 6.0 GRM and 11.5% cap rate at market rents.
Located in Torrance’s Harbor Gateway area, the property sits across from Normandie Recreation Center. The reported 9.6 GRM and 6.1% cap rate describe current performance; the source also estimates 59% rent upside and projects a 6.0 GRM and 11.5% cap rate at market rents.
Key Highlights
- 12 apartments across two buildings, totaling 11,980 SQFT
- All units have 3 bedrooms and 1.5 bathrooms
- 12 assigned carport spaces, two community laundry rooms, and gated entry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$192,768
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,855,360
$3.9M
Cap Rate 7%
$2,753,829
$2.8M
Cap Rate 9%
$2,141,867
$2.1M
Market Conditions
NOI Build-Up for 11,980 SF
Gross rent
$381.0K $31.80/SF
− Vacancy
−$30.5K −$2.54/SF
EGI
$350.5K $29.26/SF
− OpEx
−$157.7K −$13.17/SF
NOI
$192.8K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,855,360
Cap Rate 7%
$2,753,829
Cap Rate 9%
$2,141,867
Alternative Uses
Best Use
Apartment 5plus
$2.75M
$2.41M – $3.21M
NOI $192,768 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.89M
$4.28M – $5.70M
NOI $342,149 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
1,488
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Apartment buildings in Torrance
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two residential buildings include shared laundry rooms, gated access, and assigned covered parking.
Where is this apartment building located?
The property is located at 1414 W 225th Street Torrance, CA.
What is the asking price?
The asking price for this property is $3,098,000.
What are key features of this property?
This property features: 12 apartments across two buildings, totaling 11,980 SQFT; All units have 3 bedrooms and 1.5 bathrooms; 12 assigned carport spaces, two community laundry rooms, and gated entry
