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Closed
- Listed price
- $860,000
- Listed Jan 22, 2016
- Sold price
- $820,000
- Sold May 5, 2016
9,000 sqft lot|1958 Built|93 MLS days on market
1437 W 224th St, Torrance, CA 90501
Property Description
Great 5 unit apartment opportunity, located in the heart of the Torrance & Harbor City Submarket, surrounded by single family homes, support by local retail shopping, parks, and several schools. The area is known for having few vacancies due to the high demand for rentals in the immediate area. The property has a lot size of 9,016 SF and 3,050 of rentable SF. The building consists of five single story apartment units, featuring a unit mix of one - 2 Bedroom/1 Bath unit of approximately 650 SF of livable space, and four - 1 Bedroom/1 Bath units of approximately 600 SF of livable space, with patios for each unit. The property enjoys incredibly low expenses by being individually metered for gas and electric, with no maintenance issues or problems. There is ample parking with both open surface and car port parking spaces located at the rear of the property, with owner owned laundry facilities for additional income and cash flow.
Listing agent: Kevin RussellDRE #01363068krussell@gibraltarip.com, Listing office: Gibraltar Investment Partners
MLS data updated 11/3/2026, 8:45:59 AM PT
Source: CRMLSMLS #: SB16021817
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$820,000
May 5, 2016
Available records32016
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90501 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90501 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.