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$1,450,000   Price Analysis
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24255 Ocean Ave
Torrance, CA 90505
Unknown bed None bath 2,100 SqFt ($690/SqFt)
9,879SqFt lot. Built 1948
Listed 2024-05-01, Taxes $10,637
Ⓧ USDA Ineligible
due to price & location

near Torrance

Step into the epitome of Southern California living at 24255 Ocean Ave

* No Longer For Sale *
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Torrance, CA. Located in the always sunny Walteria district, this property sits on a generous 9, 879 square foot R2 corner lot and boasts a single story, charming 3-bedroom, 2-bathroom main house. Remodeled in 2008 this residence offers plenty of outdoor space for the garden youve always wanted, along with an oversized 2-car garage that is sure to make any car enthusiast happy. What truly distinguishes this property is a detached 500 sqft studio with its own laundry and private outdoor space, perfect for onsite care or additional cash flow! Positioned moments away from the Riviera Village, Torrance Beach and the stunning vistas of Palos Verdes, this residence offers the perfect blend of convenience and coastal beauty.

With top-rated schools, shopping, dining and entertainment options within easy reach, every day feels like a vacation. Don't miss the chance to embrace the luxuries of Southern California living at 24255 Ocen Ave. Schedule your showing today!


Presented by Austin Zahn at
Lyon Stahl Investment Re, Inc.


Property MLS #SB24086361 from CRMLS

Laundry Features: Gas & Electric Dryer Hookup, Inside

Lot Description: Irregular Lot
Lot Size Acres: 0.2267906
Lot Size Source: Assessor
Lot Size Square Feet: 9879

Garage Spaces: 2
Parking Total: 2

Number of Units: 2

Community Features: Hiking

Source Listing Status: Closed
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1995.00
Area: 125 - Walteria
Source Neighborhood: 125 - Walteria
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 7534008029
Postal Code Plus 4: 6427
Trash Expense: 1.00
Zoning: TORR-LM
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$163,997 + $742,648
$906,645
$10,637
2021$160,782 + $728,087
$888,869
$10,449
2020$159,134 + $720,622
$879,756
$10,293
2019$156,014 + $706,493
$862,507
$10,149
2018$152,955 + $692,641
$845,596
$9,778
2017$149,956 + $679,060
$829,016
$9,571
2016$147,016 + $665,746
$812,762
$9,351
2015$144,808 + $655,746
$800,554
$9,148
2014$141,972 + $642,901
$784,873
$8,908
2013$141,331 + $639,996
$781,327
$8,805
2012$138,560 + $627,448
$766,008
$8,704
2010$135,844 + $615,146
$750,990
$8,412
2009$135,150 + $612,000
$747,150
$8,316
2009$134,829 + $610,549
$745,378
$8,316
2008$69,431 + $277,747
$347,178
$3,802
2007$68,070 + $272,301
$340,371
$3,710

Sold 2024-05-21
$1,650,000
CRMLS
Listed 2024-05-01
$1,450,000
CRMLS
Listed 2024-05-01
$1,450,000
CRMLS
Listing removed 2011-01-20
$2,650
CRMLS
Listed for rent 2011-01-15
$2,650
CRMLS
Listing removed 2011-01-05
$2,450
CRMLS
Price Changed for rent 2010-12-17
$2,450
CRMLS
Listed for rent 2010-11-21
$2,650
CRMLS
Sold 2008-06-20
$732,500
Public Record
Sold 1996-12-17
$280,000
Public Record

Net Operating Income: 49808.00

Total Square Feet Living: 2100
Year Built: 1948
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 76
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Public Records

Electric Expense: 1.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1.00
Water Source: Public

Edward J. Richardson Middle School is a public middle school located approximately 0.9 miles away.
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South High School is a public high school located approximately 0.9 miles away.
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Riviera Elementary School is a public elementary school located approximately 1.2 miles away.
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Los Angeles International School is a private high school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.