1645 W 223rd Street, Torrance, CA 90501
- $1,807,126
- Sold Price
- $1,807,126
- List Price
- $1,859,000
- Closing Date
- Apr 19, 2025
- Status
- CLOSED
- MLS#
- SB25082932
- Year Built
- 2025
- Lot Size
- 6,711
- Acres
- 0.15
- Lot Location
- 0-1 Unit/Acre, 2-5 Units/Acre, Front Yard, Sprinkler System
- Days on Market
- 9
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- One Level
Property Description
This exceptional four-unit property features a diverse mix of units, including a fully remodeled Single Family Residence two-bedroom, one-bathroom (Aprox 850 SF) Front house completed in 2022. In addition, there are three ADUs: the first is a spacious three-bedroom, two-bathroom unit Built 2025 Aprox 1200 SF and PAID Solar; the second, a comfortable one-bedroom, one-bathroom unit Built 2025 Aprox 500 SF; and the third, a studio with one bathroom built 2022 Aprox 435 SF. Each unit boasts new plumbing, electrical systems, flooring, kitchens, bathrooms, cabinets, appliances, heating, and air conditioning systems, along with recessed lighting and inside laundry hookups in each unit and each unit sepratly metered for gas and electric. The property offers ample parking with a large new driveway suitable for an RV, and is beautifully landscaped with new sprinkler systems. With an estimated total rental income of approximately $11,000 per month, this property is ideal for owner-occupiers seeking rental income or investors. Notably, two or three of the units may not be subject to rent control, providing additional flexibility and investment potential. The two-bedroom, one-bathroom 850 sf unit is leased for $3,050 per month and three other newly built units are kept VACANT.
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Additional Information
- Other Buildings
- Guest House
- Appliances
- Dishwasher, Electric Range, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Microwave
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Exterior Construction
- Copper Plumbing
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Open Floorplan, Recessed Lighting, All Bedrooms Down
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $132,000
- Operating Expense
- 6400
Listing courtesy of Listing Agent: Mansour Bigdeli (mansour_bigdeli@yahoo.com) from Listing Office: Century 21 Union Realty.
Listing sold by ZHUO PENG from Harvest Realty South Bay
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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.