4-Unit
1450 W 220th, Torrance, CA 90501
For Sale
$1,150,000
The complex’s exterior has been recently painted.
Property Size2,250 SF
Days on Market8
Property Features for 1450 W 220th
General Information
Standard status
Size
Property subtype
Additional Details
Gross Income
Highway Access
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
J & P Realty
Listed By:
Jack Bliss · License #00479584
Source:
2buy
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 11:39AM
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 J & P Realty
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Investment Insights
Based on property information with market context.
Built in 1943, this four-unit property is located in Torrance. The complex’s exterior has been recently painted.
Old Torrance is a few blocks away, and Harbor-UCLA Medical Center is four blocks from the property. The location also provides access to the 405 and 110 freeways, Wilson Park, South Bay beaches, LAX, and Torrance Airport. Major employment centers named in the property information include SpaceX, Northrop Grumman, Boeing, El Segundo, and Silicon Beach.
Old Torrance is a few blocks away, and Harbor-UCLA Medical Center is four blocks from the property. The location also provides access to the 405 and 110 freeways, Wilson Park, South Bay beaches, LAX, and Torrance Airport. Major employment centers named in the property information include SpaceX, Northrop Grumman, Boeing, El Segundo, and Silicon Beach.
Key Highlights
- Four‑unit property in Torrance
- Built in 1943
- Exterior recently painted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,293
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,860
$785.9K
Cap Rate 7%
$561,329
$561.3K
Cap Rate 9%
$436,589
$436.6K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$60.8K $27.00/SF
− Vacancy
−$4.6K −$2.05/SF
EGI
$56.1K $24.95/SF
− OpEx
−$16.8K −$7.48/SF
NOI
$39.3K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,860
Cap Rate 7%
$561,329
Cap Rate 9%
$436,589
Alternative Uses
Best Use
Multifamily LT 5
$561.3K
$491.2K – $654.9K
NOI $39,293 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$517.2K
$452.6K – $603.4K
NOI $36,204 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$918.0K
$803.3K – $1.07M
NOI $64,260 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,197
Businesses Nearby
Explore this area
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
$887,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles County, CA
Properties on Market for Quadplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - The complex’s exterior has been recently painted.
Where is this quadplex located?
The property is located at 1450 W 220th Torrance, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Four‑unit property in Torrance; Built in 1943; Exterior recently painted
