1652 W 220th Street Torrance, CA $ 1,199,000
1652 W 220th Street
$ 1,199,000
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1652 W 220th Street

Torrance, CA, 90501
$ 1,199,000
Bedrooms6 Baths3.0 Sq 2,729

Monthly Estimate*

$ 7,969

Listed by Coldwell Banker Realty
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Multi-Family Home for sale in Torrance, CA

for $1,199,000 with 6 bedrooms and 3 full baths. This 2,729 square foot home was built in 1959 on a lot size of 0.1653.

Major price improvement! Fabulous income opportunity awaits! This charming duplex has been tastefully remodeled with all new high end finishes throughout and newly installed, well manicured landscaping. The front yard welcomes you with a beautiful green lawn and mature walnut tree surrounded by citrus trees. The front house showcases two bedrooms and one bath. The back house boasts four bedrooms and two baths: two bedrooms and one bath downstairs plus two sun-filled bedrooms and one bath upstairs. The back house features an open floor plan with the potential to add an ADU or convert it to two units by simply adding a wall and kitchen. Both spacious units have modern floor plans flowing with plentiful natural light, and share easy access to the private laundry room and plenty of parking in the rear. Designer finishes include engineered hardwood flooring, quartz countertops, new stainless steel appliances, shaker style cabinets, bar seating, vinyl windows, and vinyl fencing surrounding the tranquil front yard. Additional upgrades include new electrical and wiring throughout, new pex piping, separate central HVAC systems for each unit, new paint, stucco, doors and hardware, two separate electric meters, and separate brand new tankless water heaters. Both units are vacant and move in ready. Don't miss out on the chance to earn immediate passive income while living the life of luxury in the other unit.

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Multi-Family Active

Price

$ 1,199,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1653

Year Built

1959

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

24368505

Days on Market

65

Features
General
Interior Features CeilingFans
Heating Central
Cooling CentralAir
Roof Composition Shingle
Appliances Dishwasher Disposal Microwave Refrigerator
Zoning LAR2
Pool Features None
Year Built 1959
Stories 2
Levels Two
Gross Income 85200.0
County Los Angeles
Net Operating Income 63197.5
Insurance Expense 1800.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status ActiveUnderContract
Directions Drive South on Western make a left on 220th St. and the duplex will be on you're right.
City Torrance
Disclosures FamilialRelation ListingBrokerAdvantage
Entry Location Ground Level - no steps
View Y/N N
Senior Community Y/N N
Open Parking Spaces 6.0
Total Units 2
MLS Area 122 - Harbor Gateway
Lot Size Square Feet 7201.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 220th
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Water Sewer Expense 2000.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=jNLT5SJBNhw
Days on Market 42
Standard Status ActiveUnderContract
Taxes 16863.0
Cap Rate 4.68
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Exterior
Parking Features Concrete Driveway
Total Parking 6.0
Lot Size Area 7201.0
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 2729.0
Lot Size Acres 0.1653
Lot Size Units SquareFeet
Number of Separate Water Meters 1
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Street
Laundry Features CommonArea
Total Bedrooms 6
Electric On Property Y/N N
Total Baths 3
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Internal Only
Street Number 1 1652
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* Excluded Features
List By
Coldwell Banker Realty

Broker

(310) 633-0180

Phone

Affordability Calculator

$7,969
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,969
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2024$1,199,000 -11.12% Price Down
3/26/2024$1,349,000 Listed Price

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1652 W 220th Street, Torrance, CA, 90501 is a Multi-Family Home for sale at $1,199,000 with 2,729 sqft and a lot size of 0.1653. 1652 W 220th Street has 6 bedrooms, 3.0 baths, and was built in 1959. The property's zip code is 90501 which is in Torrance, CA