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Image 1 - 21024 Wood Ave, Torrance, California, 90503 - House for sale
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Wood Ave, Torrance, Home For Sale
21024 Wood Ave, Torrance, California, 90503

Wood Ave, Torrance, Home For Sale

house for sale
Listed: 07/01/24

21024 Wood Ave, Torrance, California, 90503

7 Bed:
6 Bath:
3,693 Sq Ft Living Area:
Save
Price
$ 2,2M

About This House

RARE opportunity First time on the market in 25 years! Nestled in the highly coveted West High neighborhood of Torrance, this meticulously cared-for 4 unit gem presents an unparalleled investment opportunity in a prime location. Situated 1.5 miles from the beach and on an expansive 6, 900+ sqft lot, this 4-plex features a diverse unit mix: (1) 3-bedroom/2-bathroom, (1) 2-bedroom/2-bathroom, and (2) 1-bedroom/1-bathroom units, all separately metered for electric. This versatile property showcases pride of ownership and offers endless possibilities for owner/users seeking passive rental income, multigenerational living, or investors seeking rental income while building out their real estate portfolio. Youll love the impeccably maintained landscaping with a vibrant rose garden and fruit trees (lime, orange, and lemon), the convenience …  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 June 2024, the asking price for 3 bed houses for sale in/near Torrance, United States averaged $1,178,994, a decrease of 3.7% from the previous month.
Median price trends for properties for sale in Torrance, United States as of June 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.