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$3,150,000
New Listing

1414 W 225th Street
Torrance, CA 90501

For Sale|Apartment|Active
0
Beds
0
Total Baths
11,980
SqFt
$263
/SqFt
1962
Built
County:
Los Angeles
Listed by Christopher Crosby of Buckingham Investments, Inc [email protected]

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(310) 963-1459
1414 W 225th Street1414 W 225th Street1414 W 225th Street1414 W 225th Street
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Large 12-unit multifamily property totaling 11,980 SQFT, featuring two buildings, 12 assigned carport spaces, two community laundry rooms, and secure gated entry. All 12 units offer spacious 3-bedroom, 1.5-bath floor plans averaging nearly 1,000 SQFT each. The additional half-bath in every unit is a unique and highly desirable feature for tenants. Priced at an attractive 9.6 GRM and 6.1% cap rate, the property offers strong in-place income with significant built-in upside. An estimated 59% upside in rents brings the property to a projected 6.0 GRM and 11.5% cap rate at market rents. The property has 14 separate gas and electric meters, with additional potential to reduce utility expenses by implementing RUBS for water, sewer, and trash (buyer to verify). The property is well maintained, with a new roof (2021), fresh exterior paint (2026), several renovated units, and a completed SB 721 balcony inspection. Strategically located in the Harbor Gateway area of Torrance, across from Normandie Recreation Center. Property is subject to Los Angeles RSO.

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Listing Snapshot
Price 
$3,150,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,980 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3445 Acres
Year Built 
1962
MLS® Number 
SB26205096
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
15 hours agoListing first seen on site
15 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.3445
Carport 
12
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
Detached Carport
Parking Spaces 
12
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
11980
Water Source 
Public
Interior Features
Appliances 
DryerWasher
Fireplace Features 
None
Heating 
Wall Furnace
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Community Features
Community Features 
ParkStreet LightsSidewalks
MLS Area 
122 - Harbor Gateway
Financing Terms Available 
CashConventional1031 Exchange
Building Access 
Street


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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