1632 W 223rd Street, Torrance, California 90501, Torrance, 90501 - bed, bath

1632 W 223rd Street, Torrance, California 90501 home-pic-0
ACTIVE$1,250,000
1632 W 223rd Street, Torrance, California 90501
0Bed
0Bath
2,582Sqft
6,591Lot
Year Built
1947
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$484
HOA
-
Days on market
-
Sold On
-
MLS number
SB25195123
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.25M(55th), sqft - 2582(55th), beds - undefined(50th), baths - undefined(50th).

Excellent investment opportunity or owner occupied property or investment! BACK UNIT WAS BUILT IN 2023!!!!! Spacious 3 bed 2 bath units in great condition and very well maintained. DO NOT DISTURB TENANTS,DRIVE BY ONLY SOLD WITH GOOD TENANTS ADDRESS IS 1630 and 1632 W 223rd ST

Nearby schools

5/10
Meyler Street Elementary School
Public,K-50.7mi
7/10
Halldale Elementary School
Public,K-50.7mi
5/10
One Hundred Eighty-Sixth Street Elementary School
Public,K-52.6mi
5/10
Stephen M. White Middle School
Public,6-81.3mi
6/10
Alexander Fleming Middle School
Public,6-82.2mi
5/10
Nathaniel Narbonne Senior High School
Public,9-121.4mi

Price History

Date
Event
Price
08/29/25
Listing
$1,250,000
Condition Rating
Good

This property is a duplex with a significant difference in unit conditions. The back unit was newly built in 2023, featuring a modern kitchen with white shaker cabinets, quartz countertops, stainless steel appliances, and a contemporary bathroom with new fixtures and subway tile. This unit is in excellent, virtually new condition. The front unit, built in 1947, appears well-maintained with updated flooring, but its kitchen and bathroom are dated, showing signs of renovations from 15-30 years ago. While the front unit's condition leans towards 'Fair', the inclusion of a brand new, modern unit significantly elevates the overall property quality, making it move-in ready with a substantial portion being new construction.
Pros & Cons

Pros

New Construction Component: The back unit, built in 2023, offers modern amenities and reduced immediate maintenance, significantly enhancing property value and appeal.
Immediate Income Stream: Being sold with 'good tenants' ensures instant rental income for the new owner, eliminating vacancy risk and providing immediate cash flow.
Duplex Configuration: As a residential income duplex, it provides flexibility for either full investment or owner-occupancy with supplemental rental income.
Well-Maintained Condition: The property is described as 'in great condition and very well maintained,' suggesting a lower likelihood of immediate, costly repairs for the buyer.
Strategic Investment Opportunity: Positioned as an 'excellent investment opportunity,' its duplex nature and existing tenancy make it attractive for portfolio growth in Torrance.

Cons

Restricted Property Access: The 'DO NOT DISTURB TENANTS, DRIVE BY ONLY' clause severely limits interior viewing opportunities, potentially deterring interested buyers who prefer thorough inspections.
Age Discrepancy Between Units: While the back unit is new, the front unit (built 1947) is significantly older, potentially leading to differing maintenance requirements and buyer expectations for each unit.
Tenant Lease Obligations: While tenants provide income, the buyer will inherit existing lease agreements, which may limit immediate flexibility for rent adjustments or personal use of the property.

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