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Well-Maintained Cottage Triplex
For Sale
$899,888

1541 W 224th Street, Torrance, CA 90501

Torrance, CA

Property Size2,558 SF
Lot Size0.17 Acres
Price / SF$351.79
Days on Market94

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 Bedroom 2, Bedroom 1, Laundry Room, Kitchen, Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 1
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 20 Last Checked: Aug 22 at 3:06PM
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 cottage-style triplex contains 6 bedrooms and 3 bathrooms within 2,558 square feet. Built in 1961, the property includes kitchens with quartz counters, vinyl flooring, wall-furnace heating, ceiling fans, and a mix of upgraded interiors. Improvements include remodeled bathrooms, updated cabinetry, quartz countertops, subfloor plumbing, and new flooring. The property also offers gated, assigned side-by-side driveway parking and public water and sewer service.

The triplex is offered together with a nearby 2-unit duplex at 1535 W 224th St as a required concurrent package sale. Together, the two parcels contain five units on 14,402 square feet of LARD2-zoned land, with each parcel identified by its own APN. The combined 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.

Key Highlights

  • 3‑unit triplex with 6 BR / 3 BA and 2,558 sq ft
  • Required package sale includes adjacent 2‑unit duplex for a combined 5‑unit property
  • Two parcels total 14,402 sq ft and are zoned LARD2

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 - Three-unit residential income property with upgraded interiors, gated parking, and public water and sewer service.
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: 3‑unit triplex with 6 BR / 3 BA and 2,558 sq ft; Required package sale includes adjacent 2‑unit duplex for a combined 5‑unit property; Two parcels total 14,402 sq ft and are zoned LARD2
More about this property
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