963 W 223rd Street Torrance, CA ^$ 1,400,000

963 W 223rd Street

^$ 1,400,000

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963 W 223rd Street

Torrance, CA, 90502

^$ 1,400,000

Bedrooms8 Baths4.1 Sq 3,448

Monthly Estimate*

^$ 9,779

Listed by Home Team Realty

963 W 223rd Street, Torrance, CA 90502 - Image 1

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963 W 223rd Street, Torrance, CA 90502 - Image 3

963 W 223rd Street, Torrance, CA 90502 - Image 4

963 W 223rd Street, Torrance, CA 90502 - Image 5

963 W 223rd Street, Torrance, CA 90502 - Image 6

963 W 223rd Street, Torrance, CA 90502 - Image 7

963 W 223rd Street, Torrance, CA 90502 - Image 8

963 W 223rd Street, Torrance, CA 90502 - Image 9

963 W 223rd Street, Torrance, CA 90502 - Image 10

963 W 223rd Street, Torrance, CA 90502 - Image 11

963 W 223rd Street, Torrance, CA 90502 - Image 12

963 W 223rd Street, Torrance, CA 90502 - Image 13

963 W 223rd Street, Torrance, CA 90502 - Image 14

963 W 223rd Street, Torrance, CA 90502 - Image 15

963 W 223rd Street, Torrance, CA 90502 - Image 16

963 W 223rd Street, Torrance, CA 90502 - Image 17

963 W 223rd Street, Torrance, CA 90502 - Image 18

963 W 223rd Street, Torrance, CA 90502 - Image 19

963 W 223rd Street, Torrance, CA 90502 - Image 20

963 W 223rd Street, Torrance, CA 90502 - Image 21

963 W 223rd Street, Torrance, CA 90502 - Image 22

Multi-Family Home for sale in Torrance, CA

for $1,400,000 with 8 bedrooms and 4 full baths, 1 half bath. This 3,448 square foot home was built in 1927 on a lot size of 0.4288.

Welcome to amazing investment opportunity for spacious Fourplex in Torrance P.O., LA county strip in South Bay. Three building 4units: One 3Bd/2Ba, Two 2Bd/1Ba, and One 1Bd/1Ba. "Sale for LAND VALUE of $75/sf." Record shows 3 buildings of 3,448sf on huge lot of 18,619sf(65' x 290'). Very convenient location to access Freeway, Harbor UCLA Medical Center, Airport, Harbor and Shopping Centers. Walk to Meyler Street Elementary School. Tremendous residential construction boom in this area. LCM1 zoning, LA Unified School District, Need TLC, Copper plumbing, To be sold AS-IS condition. Two 2 car & 1 car garage space. Good long term tenants with low rent. Tenant to pay Electric & Gas. Do not bothering tenants, Drive by outside only. Do not go in the property. Submit all offer subject to inspection. Showing is subject to accept offer. Don't miss this rare chance, Hurry Hurry!!!

Multi-Family Pending

Price

^$ 1,400,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.4288

Year Built

1927

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

SB24047855

Days on Market

Features

General

Sewer PublicSewer

Utilities ElectricityConnected SewerConnected WaterConnected

Possession CloseOfEscrow

Zoning LCM1*

Garage Spaces 5.0

Pool Features None

Year Built 1927

Tenant Pays Electricity Gas

Stories 1

Levels One

Property SubType Quadruplex

Gross Income 76440.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 64095.0

Operating Expense 12345.0

Insurance Expense 2161.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency Property to be sold AS - IS conditions. Buyer to verify all information stated.

Garage Y/N Y

Special Listing Conditions Standard

Status Pending

Directions Between Normandie & Vermont on 223rd Street

City Torrance

Entry Location Drive way

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area 123 - County Strip

Lot Size Square Feet 18679.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 223rd

Listing Terms CashtoNewLoan

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 1697.0

Water Sewer Expense 2450.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 10

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 35

Property Sub Type Additional Quadruplex

Taxes 6037.0

Exterior

Water Source Public

Total Parking 5.0

Lot Size Area 18679.0

Number of Buildings 3

Spa N

Building Area Total 3448.0

Lot Dimensions 65 x 290

Lot Size Acres 0.4288

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 4

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features LivingRoom

Total Stories 1

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N Y

Street Suffix Street

Laundry Features Inside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 963

* Excluded Features

List By

Home Team Realty

Broker

(310) 720-4989

Phone

Affordability Calculator

$9,779

Per Month

Monthly Principal & Interest: $9,779
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Torrance, CA

Average List Price ^$1,722,042

Percent of Sale Price 23%

About Torrance, CA

145,215 Population

5% Since 2002

^$83,626 Median Income

43.39 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/16/2024	$1,400,000		Listed Price

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963 W 223rd Street, Torrance, CA, 90502 is a Multi-Family Home for sale at $1,400,000 with 3,448 sqft and a lot size of 0.4288. 963 W 223rd Street has 8 bedrooms, 4.1 baths, and was built in 1927. The property's zip code is 90502 which is in Torrance, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/1/2024. 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.

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963 W 223rd Street

Multi-Family Home for sale in Torrance, CA

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