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

1645 W 223rd Street, Torrance, California 90501 home-pic-0
ACTIVE$1,859,000
1645 W 223rd Street, Torrance, California 90501
0Bed
0Bath
3,000Sqft
6,711Lot
Year Built
2025
Close
-
List price
$1.86M
Original List price
$1.86M
Price/Sqft
$620
HOA
-
Days on market
-
Sold On
-
MLS number
SB25010732
Home ConditionExcellent
Features
Patio
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $1.86M(91th), sqft - 3000(91th), beds - undefined(50th), baths - undefined(50th).

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-50.7mi
5/10
Meyler Street 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
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 built in 2022 and 2025. The description mentions new plumbing, electrical, flooring, kitchens, bathrooms, cabinets, appliances, heating, and air conditioning. The images confirm modern kitchens and bathrooms with updated fixtures and finishes. Given the recent construction and remodeling, the property is in excellent condition.
Pros & Cons

Pros

High Income Potential: Estimated rental income of approximately $11,000 per month presents a strong investment opportunity.
New Construction/Remodeled Units: The property features a remodeled main house and three newly constructed ADUs, minimizing immediate maintenance concerns and maximizing tenant appeal.
Potential Rent Control Exemption: Two or three of the units may be exempt from rent control due to their recent construction dates, offering greater flexibility in setting rental rates.

Cons

High Price Point: The list price of $1,859,000 may be a barrier to entry for some investors, requiring significant capital.
Zero Bed ADU: One of the ADUs is a zero bedroom unit, which may limit its appeal to potential tenants.

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