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Well-Maintained Duplex Property
For Sale
$799,888

1535 W 224th Street, Torrance, CA 90501

Torrance, CA

Property SizeContact for details
Lot Size0.17 Acres
Days on Market105

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 Bathroom 2, Bedroom 3, Bathroom 1, Kitchen, Bedroom 1, Bedroom 4, Bedroom 2, Laundry Room
Parking 13
Parking features Side By Side, Covered, Assigned, Driveway
Interior features Quartz Counters, Ceiling Fan(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
Directions From 110 Freeway, exit 223rd headed west
Subdivision 122 - Harbor Gateway
Standard status Active
APN 7347002030
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2026

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 1 Last Checked: Sep 2 at 2:06AM
MLS# PW26108833

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 with five units: a duplex at 1535 W 224th Street and a triplex at 1541 W 224th Street. The properties contain 4,154 square feet across 5 units, with a combined configuration of 10 bedrooms and 5 bathrooms. Both buildings were constructed in 1961 and are described as well-maintained. Interior improvements include remodeled bathrooms, updated kitchens with quartz countertops and new cabinetry, subfloor plumbing work, and new flooring in several units.

The parcels total 14,402 square feet and are each held under a separate APN with LARD2 zoning. Four of the five tenants have occupied their units for more than 10 years. The properties provide access to the 110 Freeway and are located within minutes of the Port of LA, the South Bay employment corridor, and Downtown Los Angeles. Harbor-UCLA Medical Center is also nearby.

Key Highlights

  • Five units across two adjacent parcels: one duplex and one triplex
  • Combined lot area of 14,402 sq ft with LARD2 zoning
  • 1535 W 224th Street: 2‑unit duplex with 1,596 sq ft, 4 bedrooms, and 2 bathrooms

Property Analytics

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

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-parcel residential income property with upgraded interiors, long-term occupancy, and LARD2 zoning.
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 units across two adjacent parcels: one duplex and one triplex; Combined lot area of 14,402 sq ft with LARD2 zoning; 1535 W 224th Street: 2‑unit duplex with 1,596 sq ft, 4 bedrooms, and 2 bathrooms
More about this property
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