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$2,139,000   Price Analysis
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1522-1520 W 222nd St
Torrance, CA 90501
5 bed 4 bath 2,730 SqFt ($783/SqFt)
7,200SqFt lot. Built 2024
Listed 2024-04-02, Taxes $7,941
Ⓧ USDA Ineligible
due to price & location

near Torrance

One-of-a-kind investment opportunity : Contemporary build TWO HOUSES on a lot

Located in a residential area of Torrance and completed as of April, 2024. This UNIQUE investment opportunity offers a front house with a 3-bedroom and 2-bathroom with appliances included and a back house with 2-bedroom and 2-bathroom appliances included and als 7-solar-panels completely paid off, central A/C and heating system on both houses, providing a wide array of leasing or investment options.

Boasting total interior space of 2, 715 sq ft , these 2 transitional pleasing houses are sited on an 7, 200 sq ft lot and will generate a solid income stream and stability for the future owner, close to shopping centers, restaurants and schools.


Presented by Durga Baumann at
Excellence Re Real Estate.
Listing Agent Photo

Property MLS #DW24065135 from CRMLS

Bedrooms: 5

Appliances: Dishwasher, Gas Range, Microwave, Tankless Water Heater
Appliances YN: Yes
Laundry Features: Inside

All Bedrooms Down, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom

Cooling Features: Central Air
Heating Features: Central
Heating: Yes

Full Bathrooms: 4

Flooring: Laminate, Tile
Window Features: Double Pane Windows, Screens

Lighting
Rain Gutters
Fencing: Fence YN: Yes, Fencing: Block, Vinyl
Road Frontage Type: City Street
Road Surface Type: Paved

Lot Description: Front Yard, Level
Lot Size Acres: 0.1652893
Lot Size Source: Builder
Lot Size Square Feet: 7200

Parking Features: Parking YN: Yes, Parking Features: Driveway, Driveway Level, Parking Space

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

Calculated Total Monthly Association Fees: 0

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1100.00
Area: 122 - Harbor Gateway
Source Neighborhood: 122 - Harbor Gateway
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Parcel Number: 7346020012
Postal Code Plus 4: 4118
Trash Expense: 700.00
Zoning: LAR1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$169,184 + $448,721
$617,905
$7,941
2021$165,867 + $439,923
$605,790
$7,674
2020$164,167 + $435,413
$599,580
$7,747
2019$160,949 + $426,876
$587,825
$7,450
2018$157,794 + $418,506
$576,300
$7,364
2017$154,700 + $410,300
$565,000
$7,204
2016$30,699 + $195,769
$226,468
$3,140
2015$30,238 + $192,829
$223,067
$3,095
2014$29,646 + $189,052
$218,698
$3,112
2013$29,513 + $188,198
$217,711
$3,107
2012$28,935 + $184,508
$213,443
$3,142
2010$28,368 + $180,891
$209,259
$3,081
2009$28,223 + $179,967
$208,190
$2,969
2009$28,156 + $179,540
$207,696
$2,969
2008$27,670 + $176,439
$204,109
$2,847
2007$27,128 + $172,980
$200,108
$2,751

Price Changed 2024-05-14
$2,139,000
CRMLS
Listed 2024-04-02
$2,167,000
CRMLS
Sold 2016-08-26
$565,000
CRMLS
Relisted 2016-06-28
$500,000
CRMLS
Listing removed 2016-06-24
$500,000
CRMLS
Listed 2016-06-10
$500,000
CRMLS
Sold 1985-03-01
$132,000
Public Record

Net Operating Income: 88000.00

Total Square Feet Living: 2730
Year Built: 2024
Building Features: 2
Common Walls: No Common Walls
Construction Materials: Stucco
Entry Level: 1
Entry Location: Front door
Foundation Details: Raised, Slab
New Construction: Yes
Property Condition: Additions/Alterations
Roof: Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
House Style: Modern
Year Built Source: Builder

Electric: Standard
Sewer: Sewer: Private Sewer, Water Sewer Expense: 200.00
Cable Available
Electricity Connected
Natural Gas Connected
Phone Available
Sewer Connected
Water Connected
Water Source: Private

No Interior Steps

Meyler Street Elementary School is a public elementary school located approximately 0.5 miles away.
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Nathaniel Narbonne Senior High School is a public high school located approximately 1.5 miles away.
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Alexander Fleming Middle School is a public middle school located approximately 2.3 miles away.
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Zion Lutheran School is a private elementary and middle school located approximately 0.7 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.