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Triplex with Upgraded Interiors
For Sale
$899,888

1541 W 224th Street, Torrance, CA 90501

MULTI_FAMILY - Cottage - Torrance, CA

Property Size2,558 SF
Lot Size0.17 Acres
Price / SF$351.79
Days on Market87

Property Features for 1541 W 224th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning LARD2
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 1, Laundry Room, Bedroom 3, Bedroom 2, Kitchen, Bathroom 3, Bedroom 4, Bedroom 5
Parking 13
Parking features Driveway, Gated, Side By Side, Assigned
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 Fwy, exit 223rd head head West
Subdivision 122 - Harbor Gateway
Standard status Active
APN 7347002031
Size 2,558 SF
Lot size 0.17 Acres

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
Listed By: Gilbert Gutierrez · License #02022002
Added: May 21 Changed: Aug 14 Last Checked: Aug 15 at 1:06AM
MLS# PW26112719

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 1961 cottage-style triplex at 1541 W 224th Street contains 2,558 square feet with six bedrooms and three bathrooms. Interior work in several units includes remodeled bathrooms, improved kitchens with new cabinetry and quartz countertops, subfloor plumbing, and new flooring. The property includes gated, assigned side-by-side driveway parking, public water and sewer service, vinyl flooring, wall furnaces, and shingle roofing.

The triplex is offered as part of a required concurrent closing with the adjacent two-unit property at 1535 W 224th Street. Together, the two parcels contain five units and total 14,402 square feet of land; the companion property adds four bedrooms and two bathrooms. Both parcels carry LARD2 zoning and were built in 1961. The properties have direct access to the 110 Freeway and are minutes from the Port of Los Angeles, the South Bay employment corridor, Downtown Los Angeles, and Harbor-UCLA Medical Center.

Key Highlights

  • 2,558‑square‑foot triplex with 6 bedrooms and 3 bathrooms
  • Built in 1961 with cottage‑style architecture
  • Several units feature bathroom remodels and kitchen upgrades with quartz countertops

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Law Firm Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Real Estate Agency

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?
Triplex - Six-bedroom residential income property with gated parking, public utilities, and multiple interior improvements.
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 $899,888.
What are key features of this property?
This property features: 2,558‑square‑foot triplex with 6 bedrooms and 3 bathrooms; Built in 1961 with cottage‑style architecture; Several units feature bathroom remodels and kitchen upgrades with quartz countertops
More about this property
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