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1541 W 224th Street, Torrance, CA 90501

Torrance
Local realty services provided by:CENTURY 21 Masters
1541 W 224th Street,Torrance, CA 90501
$950,000
  • 6 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: gilbert gutierrez
Office: clearthink homes
MLS#:PW26112441
Source:San Diego MLS via CRMLS

Price summary

  • Price:$950,000

About this home

PACKAGE SALE Both properties must close concurrently. Combined asking price: $1,800,000. 1541 W 224th St, (MLS# PW26112441) must be purchased together with 1535 W 224th St (MLS# PW26108833). Do not disturb tenants. 5-unit, two-parcel value-add opportunity in Harbor Gateway. Two adjacent lots totaling 14,402 sq ft zoned LARD2, each on its own APN. 1541 W 224th St is a 3-unit triplex (6 BR / 3 BA, 2,558 sq ft); 1535 W 224th St is a 2-unit duplex (4 BR / 2 BA, 1,596 sq ft). Both built 1961, well-maintained. RESIDENTIAL FINANCING: Each parcel is priced independently under $1,000,000 and qualifies for conventional residential financing on its own APN no commercial loan required. Lower down payment, better rates, and access to a significantly larger lender pool. ADU POTENTIAL: Combined 14,402 sq ft LARD2 zoning supports multiple additional dwelling units under CA state law. Harbor Gateway ADU rents currently range $2,300$2,600/mo, with each additional unit delivering meaningful income and...

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Home facts

  • Listing ID #:PW26112441
  • Added:64 day(s) ago
  • Updated:July 27, 2026 at 02:07 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3

Heating and cooling

  • Heating:Combination Heating

Structure and exterior

  • Construction Materials:Stucco, Wood
  • Levels:1 Story

Finances and disclosures

  • Price:$950,000
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