$1,859,000

1645 W 223rd St Torrance, CA 90501

$10,000
Closing credit¹
0.2 acres
Multi-Family

Property details

About 1645 W 223rd St

This exceptional four-unit property features a diverse mix of units, including a fully remodeled Single Family Residence two-bedroom, one-bathroom (Aprox 850 SF) Front house completed in 2022. In addition, there are three ADUs: the first is a spacious three-bedroom, two-bathroom unit Built 2025 Aprox 1200 SF and PAID Solar; the second, a comfortable one-bedroom, one-bathroom unit Built 2025 Aprox 500 SF; and the third, a studio with one bathroom built 2022 Aprox 435 SF. Each unit boasts new plumbing, electrical systems, flooring, kitchens, bathrooms, cabinets, appliances, heating, and air conditioning systems, along with recessed lighting and inside laundry hookups in each unit and each unit sepratly metered for gas and electric. The property offers ample parking with a large new driveway suitable for an RV, and is beautifully landscaped with new sprinkler systems. With an estimated total rental income of approximately $11,000 per month, this property is ideal for owner-occupiers seeking rental income or investors. Notably, two or three of the units may not be subject to rent control, providing additional flexibility and investment potential. The two-bedroom, one-bathroom 850 sf unit is leased for $3,050 per month and three other newly built units are kept VACANT.

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.1541 Acres
Year builtNew Const., 2025
ParkingConcrete, Driveway, RV Access/Parking, One Space
MLS #SB25054081

Virtual tour

Summary

  • MLS Number: SB25054081
  • MLS Name: CRMLS
  • Office Name: Century 21 Union Realty
  • Office Phone: (310) 283-4007
  • Listing Agent: Mansour Bigdeli

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with stucco siding and a front lawn

$1,859,000

1645 W 223rd St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 08, 2022
Home Sold
$750,000
May 05, 2021
Home Sold
$655,000

Tax history

YearAssessmentProperty Tax
2024$780,300$10,024
2023$765,000$9,829
2022$668,100$8,186
2021$180,536$2,428
2020$178,686$2,357
2019$175,183$2,310
2018$171,749$2,257
2017$168,383$2,257

History based on county public records data.

Nearby schools

5

Halldale Avenue School

Public District KG-5

0.7 mi

21514 Halldale Ave

5

Meyler Street Elementary

Public District KG-5

0.7 mi

1123 W 223rd St

6

Torrance Elementary

Public District PK-5

0.8 mi

2125 Lincoln Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,485. The most common annual income of people living in Torrance, CA is less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

60%
<35k
32%
35k-100k
5%
100k-200k
3%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
13%
Single, with Kids
20%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
39%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • IKEAIKEA
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • LexusLexus
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1645 W 223rd St in Torrance, CA and zip code 90501 in the Harbor Gateway neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $1,859,000.

While more than 28 listings in Torrance, CA in February 2025 were sold above asking price, there were more than 7 listings sold at asking price, and more than 17 were sold below. The number of homes for sale in Torrance, CA decreased by 2.3% between January and February 2025. In February 2025 median list price was $1,075,000 and the average listing age was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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