1536 W 226th Street
Torrance, CA 90501
- – beds
- – baths
- – sqft
- 14,398 sqft lot
- 1955 build
- – on site
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1536 & 1540 W 226th St, Torrance is a 10-unit apartment complex located in Torrance P.O. It consists of two 5-unit buildings on separate, adjacent APNs sharing a gated driveway. Constructed in 1955 both buildings total 5,300 SF and sitting on a large 14,398 SF lot zoned LARD1.5. Excellent Unit Mix of (10) Spacious 1-Bedroom Units. Two Carports, one for each building with 5 Parking Spaces Each (total 10 covered parking spaces), presents a perfect opportunity to add ADUs. This investment presents a tremendous value-add opportunity at 13.98 GRM and 4.06% Cap Rate on current rents. All units are separately metered for gas and electricity. Property is located in a high demand market in the South Bay. SEE ATTACHMENT WITH OFFERING MEMORANDUM.
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Last updated Jan 4, 2024
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MLS# SB23172858 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/4/24
Jan 4, 2024
|
Sold | CRMLS_CA | $1,650,000 | |
|
12/29/23
Dec 29, 2023
|
Pending | CRMLS_CA | $1,650,000 | |
|
10/18/23
Oct 18, 2023
|
Sold Subject To Contingencies | CRMLS_CA | $1,650,000 |