Torrance Multifamily Property with Development
1617 W 224th St, Torrance, CA 90501
MULTI_FAMILY - Torrance, CA
Property size:
2,014 SFLot size:
0.17 AcresPrice / SF:
$471/SF- Added:
- Feb 1, 2026
- Days on Market:
- 102
- Last Refresh:
- May 14 at 4:06 am
Property Features for 1617 W 224th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LARD2
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 2
- Parking
- 10
- Parking features
- Driveway
- Standard status
- Active
- APN
- 7347-001-022
- Size
- 2,014 SF
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1948
- Floors in Building
- 1
- Number of units
- 3
Listing agent Mick Avramovic License #01894375 (310) 456-4448
Listing office Beverly and Company, Inc. 15301 Ventura Blvd. Blgd B #315, SHERMAN OAKS, CA (818) 382-4160
Listing date Feb 1, 2026
MLS# 26646019
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Income‑generating property: Features a 3‑bedroom house in the front and a duplex with two 1‑bedroom units in the back, providing multiple rental income streams.
- All units have individual water heaters, gas, and electric meters, with tenants responsible for trash collection, minimizing landlord expenses.
- Large paved lot: The expansive 40x180 flat lot includes a concrete‑paved area behind the front house, offering ample parking space.
- Remodeled units: All units are remodeled with newer kitchens, bathrooms, and flooring, ensuring modern appeal and reduced maintenance.
- The large LARD2 lot presents significant future development opportunities.
- Situated in a nice and quiet residential neighborhood.
Overview
This multifamily property in Torrance, California, features a 3-bedroom, 2-bathroom house at the front and a duplex with two 1-bedroom, 1-bathroom units at the rear, all situated on a large 0.1653-acre flat lot. The property is zoned LARD2, offering potential for future development. Each unit has individual water heaters and separate gas and electric meters, with tenants responsible for their own trash collection. The area behind the front house is paved with concrete, providing ample parking space. The front house, approximately 1014 square feet, includes wood and tile floors, a newer kitchen with a dine-in area, tile counters, a dishwasher, a stove/oven, and a refrigerator, as well as aluminum windows, a raised foundation, and an attic. The two 500-square-foot, 1-bedroom duplex units have an efficient floor plan and have been remodeled with newer kitchens, bathrooms, and flooring, and are in good condition. Located in a quiet residential neighborhood, this property offers significant potential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Torrance
- County
- Los Angeles
- State
- California
- Longitude
- -118.307084
- Latitude
- 33.823663
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Multifamily property with development potential in a desirable Torrance location.
Where is this multifamily property located?
The property is located at 1617 W 224th St 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: Income‑generating property: Features a 3‑bedroom house in the front and a duplex with two 1‑bedroom units in the back, providing multiple rental income streams.; All units have individual water heaters, gas, and electric meters, with tenants responsible for trash collection, minimizing landlord expenses.; Large paved lot: The expansive 40x180 flat lot includes a concrete‑paved area behind the front house, offering ample parking space.
