Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    22416 Ocean Ave Torrance, CA 90505-2416

    • Apartment buildings
    • 40,566 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US09-6903173
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • La Linda Apartments / Apartment Building
    • Maureen Muturi / General Practitioner / Physician Assistant

    Property Details for 22416 Ocean Ave

    Year built
    1971
    Construction
    WOOD
    Lot size
    0.86 lot acres
    Property size
    40,566 SF
    Zone code
    TORR-MH
    Property type
    Apartment buildings
    APN
    7368-001-030
    APU
    7368001030

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.354
    Latitude
    33.8244
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $115,646
    $4,807,302
    $4,811,082
    $9,618,384
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      9,164 SF

      25207 Loytan St

      APARTMENT HOUSE (5+ UNITS) • 9,164 SF
      25207 Loytan St, Torrance, CA 90505-6949
      View Details
    • Value Estimation by Request
      5,846 SF

      24077 Neece Ave

      APARTMENT HOUSE (5+ UNITS) • 5,846 SF
      24077 Neece Ave, Torrance, CA 90505-6564
      View Details
    • Value Estimation by Request
      55,402 SF

      23939 Ocean Ave

      APARTMENT HOUSE (5+ UNITS) • 55,402 SF
      23939 Ocean Ave, Torrance, CA 90505-5867
      View Details
    • Value Estimation by Request
      18,772 SF

      2535 235th St

      APARTMENT HOUSE (5+ UNITS) • 18,772 SF
      2535 235th St, Torrance, CA 90505-4215
      View Details
    • Value Estimation by Request
      16,435 SF

      2605 235th St

      APARTMENT HOUSE (5+ UNITS) • 16,435 SF
      2605 235th St, Torrance, CA 90505-4242
      View Details
    • Value Estimation by Request
      24,708 SF

      2655 235th St

      APARTMENT HOUSE (5+ UNITS) • 24,708 SF
      2655 235th St, Torrance, CA 90505-4249
      View Details

    Similar Nearby for Sale

    • $8,549,000
      18,396 SF

      Torrance Multifamily Investment Opportunity

      Partially renovated 15-unit apartment complex in a desirable location.
      2830 W 235Th St, Torrance, CA 90505
      View Details
    • $675,500
      1,117 SF

      Condo with Resort-Style Living

      Condo with unique features and resort-style amenities in South Bay.
      23027 Nadine Cir, Torrance, CA 90505
      View Details
    • $648,000
      1,117 SF

      Spacious Condo in 55+ Community

      Resort-style living with two garages in a vibrant 55+ community.
      23061 Nadine Cir, Torrance, CA 90505
      View Details
    • $565,000

      Charming Senior Living Community

      Updated 2-bedroom unit in a vibrant 55+ community.
      22627 Nadine Cir, Torrance, CA 90505
      View Details
    • $1,735,000
      3,191 SF

      Income-Producing Duplex in Torrance, CA

      Built in 2022, operating as an income-producing duplex.
      25628 Rolling Hills Way, Torrance, CA 90505
      View Details
    • $1,499,000

      Torrance Duplex in Walteria Neighborhood

      Income property in South Torrance with upgraded units.
      3659 Newton St, Torrance, CA 90505
      View Details

    Similar Nearby for Lease

    • $2,990 /Mo

      Remodeled Unit in Gated Community

      Recently remodeled 2 bed, 2 bath unit in South Torrance.
      23930 Los Codona Ave, Torrance, CA 90505
      View Details
    • $1,600 /Mo
      300 SF

      Torrance Commercial Space For Lease

      Commercial space available for lease in a high-traffic Torrance location.
      24460 Hawthorne Blvd, Torrance, CA 90505
      View Details
    • $750 /Mo
      26,776 SF

      Torrance Office Suites For Lease

      Flexible office suites available for lease in Torrance, California.
      23505 Crenshaw Blvd, Torrance, CA 90505
      View Details
    • Contact for pricing
      10,584 SF

      Freestanding Flex/Industrial Building Near Airport

      Flex/industrial building with direct airport access and ample parking.
      23870 Madison St, Torrance, CA 90505
      View Details
    • $4 SF/Yr
      3,550 SF

      Medical Office Space Available

      Second floor medical office space for rent.
      3445 Pacific Coast Hwy, Torrance, CA 90505
      View Details
    • $2 SF/Yr
      1,995 SF

      Torrance Office Space Available

      Office space for rent in Torrance, California.
      24520-24596 Hawthorne Blvd, Torrance, CA 90505
      View Details

    Property Visit Statistics

    • Visits by month
      7.1k
    • Visitors by month
      6.2k
    • Avg Time on site
      22 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    22416 Ocean Ave
    Torrance, CA 90505-2416
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.