$1.35M
1533 224th Street, TORRANCE, CA 90501
Description
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 at 1533 W 224th St benefit from the city's diverse business landscape and strong job market, positioning this property as a lucrative asset in any portfolio.Additionally, the property enjoys easy access to several major highways, including Interstate 405 (I-405), Interstate 110 (I-110), and State Route 1 (SR-1), providing convenient routes for commuters traveling throughout the Greater Los Angeles area. With its desirable location, modern amenities, and proximity to parks, beaches, and major highways, 1533 W 224th St presents an exceptional opportunity for those seeking to blend stability with growth potential.
Property Details
Bedrooms
8
Bathrooms
9
Living Area
4,586 sqft
Lot Size
7,200 sqft
Year Built
1986
Price History
Listed
Mar 21, 2024
$1.75M
Price Change
Jul 25, 2024
$1.35M
$-400,000
Sold
Nov 1, 2024
$1.30M
$-50,000
Location
Location Scores
What's Nearby
Restaurants, parks, schools, and more within 3 km. Powered by Google Places.
King's Hawaiian Bakery and Restaurant
2808 Sepulveda Boulevard, Torrance
In-N-Out Burger
730 West Carson Street, Torrance
Depot Restaurant
1250 Cabrillo Avenue, Torrance
Subway
2396 Crenshaw Boulevard G, Torrance
Keegan's Sports Lounge & Grill
1434 Marcelina Avenue, Torrance
Subway
1664 Sepulveda Boulevard, Harbor City
Curry House CoCo Ichibanya - Torrance
Palm Plaza, 2455 Sepulveda Boulevard C, Torrance
Lucky Strike Torrance
21915 South Western Avenue, Torrance
8 places within 3 km · Google Places
Listed by Taylor Avakian — Lyon Stahl Investment Real Estate, Inc. (MLS# CLW-C138326)
MLS# 24371403
Listing data provided by CRMLS (California Regional Multiple Listing Service). Based on information from CRMLS as of 5/20/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Rose District — DRE# 02356332
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Estimated Monthly Payment
$8,342.36
per month
Loan Amount
$1,080,000
Down Payment
$270,000
Total Interest
$1,441,749
Total Cost
$3,003,249
Rose District
Real Estate Team
Helpful Resources
$1.35M
1533 224th Street, TORRANCE, CA 90501