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$1,335,000   Price Analysis
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1557 W 218th St
Torrance, CA 90501
5 bed 5 bath 2,906 SqFt ($459/SqFt)
0.25 acre lot. Built 1962
Listed 2024-04-10, Taxes $2,499
Ⓧ USDA Ineligible
due to price & location

near Torrance

Welcome to this incredible triplex in the city of Torrance!

* Sale Pending *

This property features a 10, 800 sqft lot and three units. The front house has three bedrooms and two bathrooms wth a large kitchen and dining area, a open living room and a primary suite. The middle unit is a studio with a kitchen and bathroom with shower.

The back house is two bedrooms and 1.5 bathrooms, the primary suite has a walk-in closet and attached half bath and is complete with its own private backyard space. Each unit has an assigned private garage and plenty of drive way parking. Located in the heart of the Southbay close to freeways, dining, shopping and LA, you won't want to miss this opportunity!


Presented by Rachel Lillard at
The RECollective.
Listing Agent Photo

Property MLS #PW24066991 from CRMLS

Bedrooms: 5

Block Walls
Flooring: Carpet, Laminate, Vinyl

Appliances: Dishwasher, Electric Oven, Refrigerator, Water Heater
Appliances YN: Yes
Laundry Features: In Carport, In Garage

All Bedrooms Down

Full Bathrooms: 5

Heating Features: Wall Furnace
Heating: Yes

Carport Spaces: 1
Garage Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Attached Carport, Driveway, Garage
Parking Total: 10

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.248
Lot Size Dimensions: 10801
Lot Size Source: Assessor
Lot Size Square Feet: 10801

Road Frontage Type: City Street

View: Neighborhood

Number of Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 2
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 2

Calculated Total Monthly Association Fees: 0
Gardener Expense: 1200.00

Number of Units Leased: 3
Rent Control: Yes

Community Features: Curbs, Sidewalks, Street Lights

Source Listing Status: Pending
County: Los Angeles
Other Expense: 1541.00
Source Property Type: Residential Income
Insurance Expense: 1637.00
Area: 122 - Harbor Gateway
Source Neighborhood: 122 - Harbor Gateway
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 7346002024
Professional Management Expense: 2400.00
Trash Expense: 964.50
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$73,903 + $66,279
$140,182
$2,499
2021$72,454 + $64,980
$137,434
$2,450
2020$71,712 + $64,314
$136,026
$2,461
2019$70,306 + $63,053
$133,359
$2,389
2018$68,928 + $61,817
$130,745
$2,198
2017$67,577 + $60,605
$128,182
$2,153
2016$66,252 + $59,417
$125,669
$2,071
2015$65,257 + $58,525
$123,782
$2,040
2014$63,979 + $57,379
$121,358
$2,058
2013$63,690 + $57,120
$120,810
$2,049
2012$62,442 + $56,000
$118,442
$2,066
2010$61,218 + $54,902
$116,120
$2,039
2009$60,906 + $54,622
$115,528
$1,959
2009$60,761 + $54,492
$115,253
$1,959
2008$59,712 + $53,551
$113,263
$1,881
2007$58,542 + $52,501
$111,043
$1,803

Listed 2024-04-10
$1,335,000
CRMLS

Net Operating Income: 60312.00

Total Square Feet Living: 2906
Year Built: 1962
Building Features: 3
Common Walls: No Common Walls
Entry Level: 1
Entry Location: front
Foundation Details: Slab
Property Age: 62
Roof: Composition
Levels or Stories: One
Building Total Stories: 1
Structure Type: Triplex
House Style: Ranch
Year Built Source: Assessor

Electric: Electricity - Unknown
Electric Expense: 964.50
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1368.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public

Halldale Elementary School is a public elementary school located approximately 0.3 miles away.
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Nathaniel Narbonne Senior High School is a public high school located approximately 1.8 miles away.
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Alexander Fleming Middle School is a public middle school located approximately 2.6 miles away.
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Zion Lutheran School is a private elementary and middle school located approximately 0.9 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.