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Image 1 - 1621 W 224th St, Torrance, California, 90501 - House for sale
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Home For Sale In Torrance, California
1621 W 224th St, Torrance, California, 90501

Home For Sale In Torrance, California

house for sale
Listed: 05/26/24

1621 W 224th St, Torrance, California, 90501

9 Bed:
6 Bath:
3,686 Sq Ft Living Area:
Save
Price
$ 1,35M

About This House

Torrance with three units !!! All three units have three bedrooms each, with the front stacked units featuring two full baths. The house at the back, which originally stood on the property, also has three bedrooms but with one bath. Notably, the stacked units A and B were constructed in 1988, indicating they aren't subject to rent control, while the house at the back falls under rent control regulations. Additionally, the seller intends to carry out a 1031 exchange in out of california. This information should provide a comprehensive overview for potential buyers or investors interested in the property.

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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.