1639 W 228th Street, Torrance, CA 90501
- $2,200,000
- 14
- BD
- 8
- BA
- 3,191
- SqFt
- Sold Price
- $2,200,000
- List Price
- $2,200,000
- Closing Date
- Sep 18, 2025
- Status
- CLOSED
- MLS#
- 22211797
- Year Built
- 1961
- Bedrooms
- 14
- Bathrooms
- 8
- Living Sq. Ft
- 3,191
- Lot Size
- 14,403
- Acres
- 0.33
- Days on Market
- 152
- Property Type
- Multifamily
- Stories
- One Level
Property Description
Seller may consider carrying a 1st with 25% Down Payment. (Owner User Possible) Fully occupied Residential Reentry Center with a Strong Operator boasting a 7% Cap Rate based on current income. The offering is situated on a large double lot totaling 14,403 Sq. Ft. of CM-1VL Zoning with great future development potential. The Current Land Designation: is Hospitals, Convalescent Homes allowing many uses. The building has a large courtyard and has been recently updated with a pro style kitchen, washer and dryer hookups and a commercial fire alarm system.
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Additional Information
- Heat
- None
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Jon Emrani (jon.emrani@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Listing sold by Brett Alphin from Compass
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.