Five-Unit Multifamily
For Sale
$799,888
1535 W 224th Street, Torrance, CA 90501
MULTI_FAMILY - Cottage - Torrance, CA
Property Size1,596 SF
Lot Size0.17 Acres
Price / SF$501.18
Days on Market87
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 4, Laundry Room, Bedroom 2, Bathroom 1, Bedroom 3, Kitchen, Bedroom 1
Parking
13
Parking features
Assigned, Covered, Side By Side, 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
(714) 794-5278
Listed By:
Gilbert Gutierrez · License #02022002
(714) 794-5278
Added: May 21
Changed: Aug 14
Last Checked: Aug 15 at 1:06AM
MLS# PW26112707
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Investment Insights
Based on property information with market context.
This multifamily offering combines a three-unit triplex and a two-unit duplex across two parcels. The buildings contain five units with a combined 4,154 square feet, and both were constructed in 1961. The 1535 W 224th Street duplex includes 4 bedrooms and 2 bathrooms within 1,596 square feet; the 1541 W 224th Street triplex provides 6 bedrooms and 3 bathrooms in 2,558 square feet. Several interiors have been improved with updated kitchens, quartz countertops, remodeled bathrooms, plumbing work below the floors, and new flooring.
The lots total 14,402 square feet and carry LARD2 zoning, with potential for additional dwelling units under California state law. The property has direct access to the 110 Fwy and is minutes from the Port of LA, the South Bay employment corridor, Downtown Los Angeles, and Harbor-UCLA Medical Center. The sale requires both properties to close concurrently.
The lots total 14,402 square feet and carry LARD2 zoning, with potential for additional dwelling units under California state law. The property has direct access to the 110 Fwy and is minutes from the Port of LA, the South Bay employment corridor, Downtown Los Angeles, and Harbor-UCLA Medical Center. The sale requires both properties to close concurrently.
Key Highlights
- Five units across a triplex and duplex on two parcels
- Combined building area of 4,154 square feet; lots total 14,402 sq ft
- 1535 W 224th Street: 2‑unit duplex with 4 BR / 2 BA and 1,596 sq ft
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,841
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two separately parceled residential buildings offer existing rental occupancy and additional dwelling unit potential under LARD2 zoning.
Where is this multifamily property 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 a triplex and duplex on two parcels; Combined building area of 4,154 square feet; lots total 14,402 sq ft; 1535 W 224th Street: 2‑unit duplex with 4 BR / 2 BA and 1,596 sq ft
