1522 1520 W 222nd Street Torrance, CA ^$ 2,167,000

1522 1520 W 222nd Street

^$ 2,167,000

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New Construction

1522 1520 W 222nd Street

Torrance, CA, 90501

^$ 2,167,000

Bedrooms3 Baths2.0 Sq 2,730

Monthly Estimate*

^$ 15,137

Listed by Excellence RE Real Estate

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Multi-Family Home for sale in Torrance, CA

for $2,167,000 with 3 bedrooms and 2 full baths. This 2,730 square foot home was built in 2024 on a lot size of 0.1653.

One-of-a-kind investment opportunity: New build TWO HOUSES on a lot, located in a residential area of Torrance and completed as of April, 2024. This UNIQUE investment opportunity offers a front house with a 3-bedroom & 2-bathroom with appliances included and a back house with 2-bedroom & 2-bathroom appliances included and also 7-solar-panels completely paid off, central A/C and heating system on both houses, providing a wide array of leasing or investment options. Boasting total interior space of 2,715 sq ft , these 2 transitional beautiful houses are sited on an 7,200 sq ft lot and will generate a solid income stream & stability for the future owner, close to shopping centers, restaurants and schools.

Multi-Family Active

Price

^$ 2,167,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Modern

Lot Size

0.1653

Year Built

2024

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

DW24065135

Days on Market

Features

General

Interior Features AllBedroomsDown

Sewer PrivateSewer

Heating Central

Cooling CentralAir

Utilities CableAvailable ElectricityConnected NaturalGasConnected PhoneAvailable SewerConnected WaterConnected

Roof Shingle

Appliances Dishwasher GasRange Microwave TanklessWaterHeater

Exterior Features Lighting RainGutters

Zoning LAR1

HOA 0.0

Garage Spaces 0.0

Architectural Style Modern

Pool Features None

Security Features CarbonMonoxideDetectors SmokeDetectors

Construction Materials Stucco

Year Built 2024

Electric Standard

View None

Stories 1

Levels One

Property SubType Duplex

Gross Income 0.0

Community Features Sidewalks

Accessibility NoStairs

County Los Angeles

Net Operating Income 88000.0

Operating Expense 2000.0

Insurance Expense 1100.0

New Construction Y

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency NONE

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Denker Avenue & W 222nd Street

City Torrance

Entry Location Front door

View Y/N N

Senior Community Y/N N

Total Units 2

MLS Area 131 - West Torrance

Lot Size Square Feet 7200.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 222nd

Listing Terms Cash Conventional FHA VALoan

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Property Condition AdditionsAlterations

Trash Expense 700.0

Water Sewer Expense 200.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 25

Building Area Units SquareFeet

Standard Status Active

Year Built Source Builder

Tax Lot 169

Property Sub Type Additional Duplex

Interior

Flooring Laminate Tile

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Window Features DoublePaneWindows Screens

Fireplace Y/N N

Street Suffix Street

Laundry Features Inside

Entry Level 1

Electric On Property Y/N N

Exterior

Fencing Block Vinyl

Parking Features DrivewayLevel Driveway OneSpace

Lot Features FrontYard Level

Water Source Private

Total Parking 0.0

Lot Size Area 7200.0

Foundation Details Raised Slab

Number of Buildings 2

Spa N

Building Area Total 2730.0

Lot Size Acres 0.1653

Road Surface Type Paved

Lot Size Units SquareFeet

Lot Size Source Builder

Number of Separate Water Meters 0

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Road Frontage Type CityStreet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1522

* Excluded Features

List By

Excellence Re Real Estate

Broker

(562) 277-0330

Phone

Affordability Calculator

$15,137

Per Month

Monthly Principal & Interest: $15,137
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 21%

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
4/3/2024	$2,167,000		Listed Price

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1522 1520 W 222nd Street, Torrance, CA, 90501 is a Multi-Family Home for sale at $2,167,000 with 2,730 sqft and a lot size of 0.1653. 1522 1520 W 222nd Street has 3 bedrooms, 2.0 baths, and was built in 2024. The property's zip code is 90501 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 5/2/2024. 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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1522 1520 W 222nd Street

Multi-Family Home for sale in Torrance, CA

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