1559 W 223rd, Torrance, CA 90501

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List Price
$1,499,000
Price Change
▲ $450,000 1791426988
Status
ACTIVE
MLS#
PV26217517
Year Built
1946
Lot Size
13,365
Acres
0.31
Lot Location
Back Yard, Level, Near Public Transit
Days on Market
2
Property Type
Multifamily
Style
Contemporary
Property Sub Type
Duplex
Stories
One Level

Property Description

RARE OPPORTUNITY — TWO DETACHED HOMES ON AN EXPANSIVE 13,365 SQ. FT. LOT A truly exceptional South Bay investment and owner-user opportunity! Located in the desirable LA County Strip/Torrance area, just the other side of Western. This unique property features two separate homes, both one-story, each offering 3 bedrooms and 2 bathrooms, situated on an extraordinary 13,365-square-foot lot. Both units are vacant. Both residences are in excellent condition and offer comfortable, open floor plans with interior laundry. Each home has its own two-car garage, plus its own driveway, providing an abundance of parking rarely found with income properties of this size. One unit has an EV charging station, adding a modern convenience for today’s lifestyle. The expansive lot provides tremendous flexibility and potential, whether you're looking to live in one home and rent the other, accommodate extended family, or maximize rental income. The generous land area also offers opportunities for future improvements or additional development potential, subject to zoning and applicable approvals. Conveniently located near shopping, restaurants, schools, major employment centers, beaches, and all that the South Bay has to offer. TWO HOMES • 6 BEDROOMS • 4 BATHROOMS • 13,365 SQ. FT. LOT • 2 GARAGES • 2 DRIVEWAYS • INTERIOR LAUNDRY • EV CHARGING A property this versatile and substantial is a rare find in the South Bay and offers an exceptional opportunity for both investors and owner-users.

Additional Information

Appliances
6 Burner Stove, Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Ductless
View
None
Exterior Construction
Stucco
Roof
Composition
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Main Level Primary, Primary Suite
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$96,000
Operating Expense
6000

Listing courtesy of Listing Agent: Lynn Lord (Lynn@LynnLord.com) from Listing Office: Estate Properties.

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.