Triplex Investment
1541 W 224th Street Torrance, CA 90501
For Sale
$950,000
MULTI_FAMILY - Cottage - Torrance, CA
Property Size4,154 SF
Lot Size0.17 Acres
Price / SF$228.70
Days on Market68
Property Features for 1541 W 224th Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
LARD2
Bedrooms
6
Bathrooms
3
Rooms
Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 3, Kitchen, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 2, Laundry Room
Parking
13
Parking features
Gated, Side By Side, Driveway, Assigned
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
Standard status
Active
APN
7347002031
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2026
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Public
Building Details
Year built
1961
Floors in Building
1
Number of units
3
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: Jul 21
Last Checked: Jul 27 at 4:06PM
MLS# PW26112441
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 for-sale triplex is offered as a residential income property in Torrance, California, under zoning LARD2. The property sits on a 0.1653-acre lot.
The address is 1541 W 224th Street, Torrance, CA 90501, in Los Angeles County.
Additional details on unit configuration and condition were not provided with this listing information.
The address is 1541 W 224th Street, Torrance, CA 90501, in Los Angeles County.
Additional details on unit configuration and condition were not provided with this listing information.
Key Highlights
- package sale: both parcels must close concurrently—1541 W 224th St (3‑unit triplex, 6 BR/3 BA, 2,558 sq ft) with 1535 W 224th St (2‑unit duplex, 4 BR/2 BA, 1,596 sq ft)
- two adjacent lots totaling 14,402 sq ft zoned LARD2, each on its own APN—supports additional dwelling unit (ADU) potential under CA state law
- current blended rent averages $1,740/mo per unit versus market rents around $2,300/mo; LA City RSO limits rent increases to 3% annually for 2026
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - For sale triplex in Torrance, CA zoned LARD2 on a 0.1653-acre lot.
Where is this triplex located?
The property is located at 1541 W 224th Street Torrance, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: package sale: both parcels must close concurrently—1541 W 224th St (3‑unit triplex, 6 BR/3 BA, 2,558 sq ft) with 1535 W 224th St (2‑unit duplex, 4 BR/2 BA, 1,596 sq ft); two adjacent lots totaling 14,402 sq ft zoned LARD2, each on its own APN—supports additional dwelling unit (ADU) potential under CA state law; current blended rent averages $1,740/mo per unit versus market rents around $2,300/mo; LA City RSO limits rent increases to 3% annually for 2026
