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1645 W 223rd Street, Torrance, California 90501, Torrance, 90501 - 6 bed, 5 bath

1645 W 223rd Street, Torrance, California 90501 home-pic-0
ACTIVE$1,859,000
1645 W 223rd Street, Torrance, California 90501
6Beds
5Baths
3,000Sqft
6,711Lot
Year Built
1953
Close
-
List price
$1.86M
Original List price
$1.86M
Price/Sqft
$620
HOA
-
Days on market
-
Sold On
-
MLS number
SB25010463
Home ConditionExcellent
Features
Patio
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 2 Cons,3 Pros. Rank: price - $1.86M(98th), sqft - 3000(96th), beds - 6(96th), baths - 5(96th).

Four Unit Property>>> Main House is Two bedrooms and One bath remodeled in 2022 (FRONT HOUSE) PLUS ADU#1 Three Bedrooms and Two Bathrooms (New Construction) PLUS ADU#2 One bedroom and one bathroom (New Construction) PLUS ADU#3 Zero Bed and One Bath/Single (Built 2022). New plumbing, electrical, flooring, kitchen, bathroom, cabinets, appliances, heating and air conditioning. All new recessed lighting, inside laundry hook ups for ALL units and large new drive way with plenty of room to park or RV parking. Nicely landscaped with new sprinklers. Total Estimated rent for all units should be APROX $11,000 per month. Great Property to live-in and rent or just rent, two or three of the units may not fall under RENT CONTROL since were built on 2025 and 2022.

Nearby schools

7/10
Halldale Elementary School
Public,•K-5•0.7mi
5/10
Meyler Street Elementary School
Public,•K-5•0.7mi
5/10
One Hundred Eighty-Sixth Street Elementary School
Public,•K-5•2.6mi
5/10
Stephen M. White Middle School
Public,•6-8•1.3mi
6/10
Alexander Fleming Middle School
Public,•6-8•2.2mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•1.4mi

Price History

Date
Event
Price
04/18/25
Sold
$1,807,500
02/09/22
Sold
$750,000
02/08/22
Sold
$750,000
05/05/21
Sold
$655,000
Condition Rating
Excellent
The property consists of a main house remodeled in 2022 and three ADUs, two of which were newly constructed in 2022. The listing mentions new plumbing, electrical, flooring, kitchens, bathrooms, cabinets, appliances, heating, and air conditioning. The images confirm modern kitchens and bathrooms with updated finishes and appliances, justifying an 'excellent' condition score.
Pros & Cons

Pros

High Income Potential: The property features four units with an estimated total rental income of approximately $11,000 per month, offering a strong return on investment.
New Construction ADUs: Three of the four units are new construction ADUs (built in 2022), featuring modern amenities and potentially exempt from rent control, increasing their appeal to tenants.
Extensive Remodeling: The main house was remodeled in 2022, and all units feature new plumbing, electrical, flooring, kitchens, bathrooms, and HVAC systems, minimizing immediate maintenance concerns.

Cons

Original Build Year: The original house was built in 1953, which might present potential issues related to older construction despite recent renovations.
Rent Control Uncertainty: While some units may be exempt, the applicability of rent control to all units needs careful verification, as it can impact long-term rental income projections.

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