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Closed
- Listed price
- $2,275,000
- Listed Apr 13, 2012
- Sold price
- $2,150,000
- Sold Jul 20, 2012
10,797 sqft lot|1990 Built|39 MLS days on market
1615 W 218th St, Torrance, CA 90501
Property Description
Well maintained 14-unit apartment building that was built in 1990 to condo specs. Although located in rent controlled area this building is not under rent controlled because it was built in 1990. Rents are under market and there is room for rental increases. All large units, many with walk in closets and balconies. Gated, subterranean parking for 20 cars plus 5 open spaces. Two laundry rooms each with 1 washer and 1 dryer. Lobby with mailbox area. Easy to manage and easy to rent. At $162,500 per unit and $144 per sf, this is a deal to show your clients who are interested in taking advantage of current low interest rate environment and improving rental market.
Listing agent: Monica MasudaDRE #01430892mmasuda@cox.net, Listing office: Monica Masuda, Realtor
MLS data updated 11/4/2026, 5:31:12 AM PT
Source: CRMLSMLS #: V12046984
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,150,000
Jul 20, 2012
Available records22012
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
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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No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.