1627 W 228th, Torrance, California 90501, Torrance, 90501 - 0 bed, 0 bath
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Torrance, California 90501
This High-Potential Investment Opportunity is a Quadruplex listed at $970,000, positioned slightly above the $967,744 Fair Market Value. With a Condition Rating of 3, the property features recent cosmetic updates, including laminate flooring and fresh paint, while offering significant upside for future rent increases. Located in a high-demand Torrance area near top-rated schools like Halldale Elementary, this asset provides stable income potential for Buy-and-Hold Investors and Portfolio Diversifiers seeking a turnkey, income-generating property with long-term appreciation prospects.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1627 W 228th Subject | $970,000* List Price | 0 | 0 | 2,600 | $372 | - |
A 1562 W 226th Active | $999,500 List Price | 0 | 0 | 2,700 | $370 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1956, the property has been updated with modern laminate flooring and fresh paint. The units appear well-maintained and move-in ready, though some systems like the wall heaters and windows remain dated, placing it in the 5-15 year renovation category.
The units have been recently updated and remodeled, offering immediate rental appeal and reducing the need for near-term capital improvements for new investors.
Located in a desirable Torrance area near major shopping, dining, and schools, the property is well-positioned to maintain low vacancy rates and attract consistent tenant interest.
The property offers significant upside in future rents, providing a clear path for investors to increase the capitalization rate and achieve long-term appreciation.
Built in 1956, the property may have aging underlying systems such as plumbing or electrical that could require maintenance despite the cosmetic unit updates.
With a total of 2,600 square feet for four units, the average living space per unit is relatively small, which may limit the appeal for larger households or long-term tenants.
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.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
Grades K-5 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,600 | 1,869 | 58% |
| Lot Size | 7,201 | 6,824 | 50% |
| Price | $970.0K | $1.05M | 33% |
| Price per sq ft | $373 | $534 | 25% |
| Built year | 1956 | 1947 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 104 | 8% |
May 14, 2026
$970,000
Initial Listing
Aug 18, 2023
$885,000
Public Record
Apr 18, 2018
$684,000
Public Record
Dec 22, 2005
$610,000
Public Record
Jul 8, 2003
$360,000
Public Record
Jun 4, 1997
$170,000
Public Record