1617 W 224th St, Torrance, CA 90501

Property Description

3-bedroom house in front with a duplex behind (both 1-bedroom) all on a gigantic 40x180 flat-lot. All units have individual water heaters, separate gas & electric meters for reduced expenses, and tenants pay for their own trash collection. The complete lot behind the front house is paved with concrete to allow open parking for several cars and other vehicles (add a garage?). SFR: The 3 bedroom, 2 bathroom, house is approx 1014 sq ft and features wood and tile floors; newer large kitchen with dine-in area, tile counters, dishwasher, stove/oven and refrigerator; aluminum windows; raised foundation and attic area for easy modifications; One of the bedrooms is currently use as a den that has access to the kitchen and to the backyard. Duplex: The two 1-bedroom units have a very efficient floor plan even though they’re only 500 sq ft each. Both tenants are long-term and month-to-month with very low rents. This property is located in a nice residential neighborhood and just a short walk to the new Lowe’s Home Improvement store on Western Avenue. There are areas throughout the property that may need to be up-graded. Property is located in a rent-controlled area of Los Angeles.