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1311 W 218th Street, Torrance, CA 90501
$1,550,000
1311 W 218th Street, Torrance, CA 90501View this property at 1311 W 218th Street, Torrance, CA 90501
1311 W 218th StreetTorranceCA90501
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Property Description
PRIME DEVELOPMENT OPPORTUNITY - 1311 W 218th St, Torrance is a unique opportunity to own a 3-unit residential income property with its 18,001 square foot lot. a transit priority area. ADU bonus rules. This pride of ownership asset is located within walking distance to Harbor-UCLA Medical Center. Amazing investment property! Have cash flow while you get permits with existing 3 homes and a huge 4 car garage that is approximately 1500 square feet! The main home offers 3 bedrooms and 2 bathrooms and has been recently renovated. This home has an updated kitchen and bath as well as central heat/AC. All units have newer roofs, dual pane windows and wood floors. The back homes each offer 2 bedrooms and 1 bathroom and are very nicely equipped. The grounds of the homes offer a park-like setting as each home has its own grass/yard area allowing plenty of space to relax and unwind in the beautiful Southern California sun. The entire perimeter of the property is surrounded by a privacy wall and the front entry is gated, There is also plenty of additional parking on the premises. The property is just a block from Western Ave and W Carson Ave in Torrance. Located in City of Los Angeles - Torrance P.O. Easy access to 110, 405, 710 & 91 freeways. This is truly a once in a lifetime opportunity for an investor or a family looking to share a property.
Full Property Details
Full Property Details for 1311 W 218th St
General
- Sold For: $1,550,000
- Status: Closed
- Type: Multi-Family
- MLS ID: PV23058371
- Added to Site: 408 day(s) ago
Rooms
Other Rooms
- Laundry: In Kitchen, Outside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: 122 - Harbor Gateway
- County: Los Angeles
- Development Name: 122 - Harbor Gateway
- Driving Directions: West of Normandie- South of Carson
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Square Feet: 2,773
- Year Built: 1959
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.4132
- Lot Size Source: Assessor
- Zoning: LAR2
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $558.96
- Price Per Unit: 533333
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by Keller Williams Palos Verdes, DeDe Hsu
Sold by eXp Realty of California Inc, Regina Hoffman
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Schools
Schools serving 1311 W 218th St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
21514 Halldale Ave, Torrance, CA 90501 | K-5 | 0.2 mi | |
25425 Walnut St, Lomita, CA 90717 | 6-8 | 2.7 mi | |
24300 Western Ave, Harbor City, CA 90710 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1311 W 218th St
Date
Details
Price
Change
Source
11/13/2023
Sold
$1,550,000
-3.12%
MLS
8/01/2023
Price Reduced
$1,600,000
-5.21%
MLS
6/03/2023
Price Reduced
$1,688,000
-0.59%
MLS
4/08/2023
Listed
$1,698,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1311 W 218th Street, Torrance, CA 90501 (MLS# PV23058371) is a Multi-Family property that was sold at $1,550,000 on November 13, 2023. Want to learn more about 1311 W 218th Street? Do you have questions about finding other Multi-Family real estate for sale in Torrance? You can browse all Torrance real estate or contact a Coldwell Banker agent to request more information.