1556 W 227th Street

Torrance, CA 90501

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,241 Sqft
  • 7198
    Sqft(Lot)
$1,875,000

Description

1556 w 227th st. apartments is a well maintained 6-unit multifamily community located in the harbor gateway area. it presents a value-add opportunity with a conservative ±6.7% proforma cap rate on. the property is a newer built two-story apartment that is well maintained and has undergone many capital improvements which include: all units upgraded. it was built in 1986 and not under any local rent control ordinance (only under ca ab1482) which provides maximum allowable annual rent increases. all the units are ready for the next rent increase in july 2025 (buyer to verify) which provides immediate rental upside.

it has a large building size of 4,241 sf which translates to a spacious ±700sf average unit size and situated on 7,198 sf r3 lot. it offers an excellent unit mix with 1 x large 2-bedroom+2-bathroom, 1 x large 2-bedroom+1-bathroom and 4 x 1-bedroom+1-bathroom units. each unit has been upgraded with high-end upgrades such as laminated/vinyl wood flooring, updated kitchen with quartz countertops, and updated tiled bathroom. some units have brand new mini-split hvac systems in the living room and bedroom. based on its year built, it has copper plumbing throughout (buyer to verify).

the property has a wrought iron gate, and offers 6 open parking spaces in the back, and a large storage area which is ready to be converted into adu unit (buyer to verify and get permit from the city). each unit is individually metered for electricity and gas. hot water is provided by a master water heater. there is a common area laundry room for the property.

it is located near the best that the south bay area has to offer, within walking distance to a variety of parks, recre¬ations centers, madrona marsh nature preserve and neighborhood schools. within a short drive, one can reach the pacific ocean and riviera village, the del amo shopping center, and wilson park, pro¬viding residents with an abundance of recreational, shopping, dining, and entertainment options. it is also conve¬niently located near hawthorne boulevard, pacific coast highway and within close access to interstate 405, 110 and 91, allowing residents to reach employment hubs throughout los angeles and orange county.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Mid-Century Modern

  • AD ID

    49009371

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Asbestos Shingle
    • Property Appliances: Gas Range,Refrigerator
    • Fireplace: None
    • Flooring: Laminate,Vinyl,Wood

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Central,Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1986
    • Building Area Total: 4,241
    • Roof: Asbestos Shingle

    Accessibility Features

    • None

    Pool Features

    • None

    Laundry Features

    • Common Area

    Fencing

    • Wrought Iron

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1652
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7198

  • Listing Price Information

    • Original List Price: 1,875,000
    • Listing Contract Date: 2025-03-18

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7347015045
    • Annual Tax: 22494

  • Garage and Parking

    • Garage Description: Assigned,Driveway

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: 122 - Harbor Gateway
    • Postal Code Plus 4: 4974
    • Directions: northeast side of Western Ave and Sepulveda Blvd
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: 122 - Harbor Gateway
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 39
    • Common Walls: 2+ Common Walls
    • Property Condition: Updated/Remodeled
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/21/2025 @ 21:58

  • MLS: AR25059771
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 4,241 sqft, 7,198 sized lot, and 0 parking. are nearby neighborhoods.