1322 W 227th St, Torrance, CA 90501
1322 W 227th St, Torrance, CA 90501
1322 W 227th St, Torrance, CA 90501
5
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$1,297,000
Est. payment /mo
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12 Beds
6 Baths
4,092 SqFt
Pending

1322 W 227th St Torrance, CA 90501

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,092 sqft

Price per Sqft $316

MLS Listing ID 26651257

Bedrooms 12

Year Built 1965

Lot Size 7,200 Sqft

Acres 0.1653

Property Sub-Type Multi-Family

Property Description

*** PRICE ADJUSTED BY $52,000 *** SWI Realty is proud to present a great opportunity to acquire a bread & butter multifamily asset with the potential to greatly raise the gross income by approximately 140%. HACLA Section 8 pays $2,887 for 2 bedrooms & $2,289 for a 1 bedroom. This asset is located in the highly sought after South Bay market. Built in 1965, the property features six (6) 2 bedroom 1 bathroom units PLUS the ability to build a 1 bedroom ADU. Seller has approved plans and Ready To Issue (RTI) permit to resubmit. Each unit is separately metered for gas and electrical. Main plumbing line from front to rear of property is copper. Unit #3 has pex & copper plumbing...work was completed approximately 18 months ago. All units have new sub panels which were installed approximately 2 years ago. Exterior of property was painted February 2026. Laundry facility at rear of property. The asset sits in a submarket with high demand for renovated units which provides a clear path to market rate rent increases. Current gross income of $97,953 can potentially become $235,332 by turning units and working with Section 8. Freeway accessibility to the 110, 405 & 105 which provides access to Long Beach, Redondo Beach, Manhattan Beach, LAX & Downtown LA. Walking distance to Normandie Park Recreation Center. Act now on this bread & butter asset with the ability to increase gross income by about 140%!

Location

State CA

County Los Angeles

Area Harbor Gateway

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling None

Fireplaces Type None

Equipment Garbage Disposal

Exterior

Parking Features None

Garage Spaces 6.0

Pool None

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Success With Integrity Realty

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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1322 W 227th St