1541 W 224th Street

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1541 W 224th Street

Torrance, CA 90501
Asking Price
$950K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for acquisition in Torrance.
  • The property features a total of three residential units.
  • Asking price for the asset is set at 950,000 dollars.
  • Located within the stable and dense Los Angeles metropolitan area.
  • Residential income property suitable for small-scale portfolio diversification.

What's Special

This multifamily property is currently available for sale in Torrance, California, catering to investors seeking to expand their residential portfolios. Situated in a well-established submarket of the Greater Los Angeles area, the asset benefits from the economic stability and dense population characteristic of the South Bay region. The building contains three individual units, providing a manageable scale for both private investors and those looking for a residential income property in a competitive coastal market. Proximity to major transit corridors and local employers makes this apartment building a functional addition to a rental housing strategy. Given the persistent demand for housing in this part of Southern California, the location supports long-term occupancy prospects. The structure fits well into the existing neighborhood density and offers a straightforward entry point for acquiring real estate assets in a high-barrier-to-entry market.

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NOI
$80,000
Cap Rate
8.42%
DSCR
1.42
Strong
Cash-on-Cash
8.28%
Monthly Payment
$4,700.082
Annual Cash Flow
$23,599.02

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