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Image 1 - 1533 W 224th St, Torrance, California, 90501 - House for sale
Image 2 - 1533 W 224th St, Torrance, California, 90501 - House for sale
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Home For Sale In Torrance, California
1533 W 224th St, Torrance, California, 90501

Home For Sale In Torrance, California

house for sale
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Listed: 03/29/24

1533 W 224th St, Torrance, California, 90501

8 Bed:
9 Bath:
4,586 Sq Ft Living Area:
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Price
$ 1,75M

About This House

1533 W 224th St is a 6-unit Apartment Building constructed in 1986. Nestled in the vibrant neighborhood of Torrance, CA, this charming property offers residents a blend of modern comfort and urban convenience. The property provides an investor the opportunity to significantly improve the rents to be in line with the current rental market. This property is perfect for an investor looking for a value-added opportunity located in a growing rental market. Boasting a strategic location just minutes from the Pacific Ocean, this property taps into Torrance's allure as a hub of economic activity and coastal living, offering investors a gateway to the thriving South Bay region of Los Angeles County. Investors at1533 W224th St benefit from the city's diverse …  Full description

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Torrance Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near Torrance, United States averaged $1,224,131, an increase of 6.9% from the previous month.
Median price trends for properties for sale in Torrance, United States as of May 2024.

Household Income

Median household income: $85,070
Number of households: 54,904
The average household income in Torrance, CA grew from $80,862 to $85,070 in the past year. This data is an estimate based upon 54,904 households in Torrance, CA.
The chart below presents how household income is distributed in Torrance, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Torrance, CA compared to median property taxes around the country. The prevalent amount of property taxes in Torrance, CA equals $3k+ , which is more than the national average.