$970,000
1627 W 228th, Torrance CA 90501
Multi-Family (Fourplex)
Property type
22 days
On market
$373
Price per sqft
0 cars
Garage
1956
Year built
7,201 sqft
Lot size
Open Houses
Overview
Excellent 4-unit investment opportunity located in the highly desirable Torrance area, conveniently near shopping, dining, and top-rated schools. The units have been updated and remodeled, providing strong rental appeal and steady income potential. Great opportunity for investors seeking long-term appreciation with upside in future rents.
Listing provided by: Maribel Garibay DRE #01892578 714-313-8260, Coldwell Banker Envision
Listing updated: May 18, 2026 at 03:48pm.
Last checked: Jun 3, 2026 at 11:30pm
Source: CRMLS #DW26083635
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $0 | $0 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,500 | $1,200 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,350 | $1,350 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,500 | $1,500 | $1,850 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 4
Rent Control: Yes
Units Leased: 3
Financial Snapshot
Gross Rent Multiplier
20.0x
List Price / Annual Gross Rent
Cap Rate
4.19%
NOI / List Price
Gross Scheduled Income: $48,600
Operating Expense: $7,945
Net Operating Income: $40,655
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $3,000
Trash: $375
Water / Sewer: $287
Interior
Laundry: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One
Common Walls: One Common Wall
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7347016024
Additional Parcels: No
Tax Lot: 619
Community
Senior Community: No
Community Features: Curbs, Suburban, Sidewalks
Nearby Schools
Nearby schools around the 1627 W 228th, Torrance, CA 90501. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$776,000
Total Interest
$989,745
Total Payment
$1,765,745
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,065
per month
Property History for 1627 W 228th
Torrance Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90501.
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