$750,000
-$30,0001524 W 223rd, Torrance CA 90501
Multi-Family
Property type
51 days
On market
$651
Price per sqft
1 car
Garage
1947
Year built
6,680 sqft
Lot size
Home highlights
Open Houses
Overview
Looking for a large lot with the potential to add value? This property has a huge backyard with room for an ADU and a Junior ADU. The front house requires work. It has a nice floor plan with 3 bedrooms and 2 full bathrooms. The home is on a large lot in Torrance P.O. Nice-sized living room, separate from the dining room. Newer flooring, newer windows. Two separate...
Listing provided by: Lynn Lord DRE #00932611 310-703-1859, Estate Properties
Listing updated: May 21, 2026 at 10:07pm.
Last checked: Jun 3, 2026 at 03:30pm
Source: CRMLS #PV26081594
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 0 | 1 | $0 | $0 | $3,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 1
Separate Electric Meters: 1
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
17.4x
List Price / Annual Gross Rent
Cap Rate
3.84%
NOI / List Price
Gross Scheduled Income: $43,200
Operating Expense: $14,400
Net Operating Income: $28,800
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $2,400
New Taxes: $9,750
Trash: $1,200
Water / Sewer: $2,400
Interior
Interior Features: All Bedrooms Down
Room Type: Bedroom, Kitchen, Living Room
Flooring: Vinyl
Cooling: None
Heating: Wall Furnace
Appliances: Six Burner Stove
Fireplace: None
Laundry: Laundry Room
Entry Location: 1
Exterior
Architectural Style: Cottage
Property Attached: No
Stories Total: 1
Levels: One
Roof: Composition
Construction Materials: Stucco
Property Condition: Repairs Cosmetic
Exterior: Lighting
Common Walls: No Common Walls
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Back Yard, Front Yard
Pool: None
Spa: None
Fencing: Block
Water Source: Public
Sewer: Public Sewer
Electric: Electricity On Property
Utilities: Electricity Connected
View: None
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Garage
Garage Spaces: 1
Parking Total: 1
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7347002013
Additional Parcels: No
Tax Lot: 239
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1524 W 223rd, Torrance, CA 90501. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$600,000
Total Interest
$765,267
Total Payment
$1,365,267
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$4,724
per month
Property History for 1524 W 223rd
Torrance Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90501.
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