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1612 W 226th Street

Torrance, CA 90501
  • $1,800,000
  • STATUS: Active
  • ON SITE: 183 Days
  • MLS #: OC24192375
UPDATED: 116 min ago
$1,800,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

Listing Agent(s): Anthony Mangahis Labao of Lou Edwards Financial (949-870-2882) and Lou Wu of LOU EDWARDS FINANCIAL INC.(949-870-2882)


Description

Whether you're an owner occupier looking to live in a beautiful unit while having your mortgage paid by tenants or a savvy investor on the hunt for a high-quality, low maintenance property with value add opportunity, this property checks all the boxes. This fully renovated investment property included 4x (2) two bedrooms + (1) one bath units. Renovation includes newer electrical, newer roof, new main sewer line, fully remodeled units and more. Each home in each Fourplex has been fully renovated with attention to the finest of details. The properties features a security system, 4 parking garages with 5 additional parking spaces, and on site laundry.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-20T00:29:11.763. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/155310117
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1612 W 226th Street Torrance, CA 90501

  • Price: $1,800,000
  • Status: Active
  • On Site: 183 Days
  • Updated: 116 min ago
  • MLS #: OC24192375
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1948
Built
Neighborhood:
122 - Harbor Gateway
County:
Los Angeles
Area:
122 - Harbor Gateway
Property Description
Whether you're an owner occupier looking to live in a beautiful unit while having your mortgage paid by tenants or a savvy investor on the hunt for a high-quality, low maintenance property with value add opportunity, this property checks all the boxes. This fully renovated investment property included 4x (2) two bedrooms + (1) one bath units. Renovation includes newer electrical, newer roof, new main sewer line, fully remodeled units and more. Each home in each Fourplex has been fully renovated with attention to the finest of details. The properties features a security system, 4 parking garages with 5 additional parking spaces, and on site laundry.
Exterior Features

Entry Level 1 Entry Location 1 Fencing Block Foundation Details Slab Lot Features Paved Number Of Separate Electric Meters 4 Open Parking Spaces 5 Parking Features AssignedConcreteGaragePaved Parking Total 9 Pool Features None Pool Private YN No Property Attached YN Yes Roof Shingle Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Accessibility Features None Appliances DishwasherGas OvenGas RangeRefrigeratorWater Heater Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Vinyl Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.83 Common Interest None Community Features Street Lights Contingency PLEASE SEND ALL OFFERSPOF AND PREAPPROVAL TO LOU@LOU-EDWARDS.COM LOU EDWARDS FINANCIAL INC DOES NOT GUARANTEE THE ACCURACY OF SQUARE FOOTAGELOT SIZE OR OTHER INFORMATION CONCENING THE CONDITION OR FEATURES OF THE PROPERTY PROVIDED BY THE SELLER OR OBTAINED FROM PUBLIC RECORDS AND OTHER SOURCES. BUYERS AND BUYERS AGENT DUE THEIR DILEGENCE TO VERIFY ANY AND ALL INFORMATION. Garage YN Yes Gross Income 10855 Gross Scheduled Income 136860 Insurance Expense 2500 Land Lease YN No Laundry Features Common AreaLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Net Operating Income 104860 New Construction YN No New Taxes Expense 22500 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 32000 Possession Close Of Escrow Property Condition Updated/Remodeled Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Sewer Expense 7000 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-20T00:29:11.763. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Anthony Mangahis Labao of Lou Edwards Financial (949-870-2882) and Lou Wu of LOU EDWARDS FINANCIAL INC.(949-870-2882)