Property profile

21228 Western Ave Torrance, CA 90501

OFF-MARKET
Apartment buildings
Property ID
US09-6345084
15,244 SF 0.41 ac lot Built 1963
Entity Owned 23-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1963
Construction WOOD
Total area 15,244 SF
Lot 0.41 ac (17,951 SF)
Zoning code LAR3
APN 7349-015-037
UPID US09-6345084

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21228 Western Ave Torrance, CA 90501-2957
Torrance metro Census 293203 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
$549k
Blend (final) Blend
$505k

Owner & transaction history

since 2003
7 recorded transactions
2022
Price N/A
2017
Price N/A
2003
$1.3M
1995
$630,000
1994
$575,500
1994
Price N/A
1994
$437,500

Zoning & alternative use

LAR3 · Torrance, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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