1612 West 226th Street

Torrance, CA 90501

$1,475,000
Last Sold Price
8
Beds
4
Baths
3,124 Sq. Ft.
$472 / Sq. Ft.
3,124
Sq. Ft.
$472
per Sq. Ft.

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 4 (2) two bedrooms + (1) one bath units. Renovation includes new electrical, new roof, new main sewer line, fully gutted units and more. Each home in each Fourplex has been fully renovated with attention...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 4 (2) two bedrooms + (1) one bath units. Renovation includes new electrical, new roof, new main sewer line, fully gutted 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.
  1. Listed by Joseph Killinger • DRE #01119814 • Brokerage DRE #01119814 • Commercial Brokers Int'l. Inc.

Property Details for 1612 West 226th Street

Zoning
LARD1.5
Parcel Number
7347010012
Total Units
4.0
Living Area
3124
Source Living Area
Vendor Enhanced
Area
Harbor Gateway (122)
Vacancy Rate
0
Lot Size Area
7202

Location

Listing Courtesy of Commercial Brokers Int'l. Inc., Joseph Killinger, DRE #01119814

Sold By LOU EDWARDS FINANCIAL INC., LOU WU, DRE #02154371

Add your commute
LISTING UPDATED: 05/18/2023 10:43 AM

Property Details for 1612 West 226th Street

StatusSold
MLS #23-237045
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.17 AC / 7,202 SF
CountyLos Angeles County

Location

Listing Courtesy of Commercial Brokers Int'l. Inc., Joseph Killinger, DRE #01119814

Sold By LOU EDWARDS FINANCIAL INC., LOU WU, DRE #02154371

Add your commute

Building Information for 1612 West 226th Street

Stories-Residences-Year Built1948Building Size-Lot Size0.17 AC / 7,202 SF

Payment Calculator

$9,052 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,050

Property Taxes

$1,002

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1612 West 226th Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 4
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $139,800
  • Net Operating Income: $100,144.00
  • Gross Income: $139,800
  • Cap Rate: 6.46%
  • Gross Rent Multiplier: $11.09
  • Garage Income: $7,200
  • Laundry Income: $6,000
  • Actual Rent Total: $126,600.00
  • Total Annual Expense: 32666
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1653
  • Lot Size Square Feet: 7202
Parking Details
Parking Details
  • Parking Garage: Detached, Driveway, Driveway - Combination
  • Total Parking: 8
  • Parking Features: Driveway, Driveway - Combination
  • Attached Garage: No
Interior Features
Interior Features
  • Cooling Type: Ceiling Fan, Window Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Alarm System, Ceiling Fan, Dishwasher, Dryer, Microwave, Hood Fan, Garbage Disposal, Freezer
  • Interior Features: Ceiling Fan(s)
  • Laundry: Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 01-30-2023
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,650.00
  • Unit Actual Rent: $2,650.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,450.00
  • Unit Actual Rent: $2,450.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,550.00
  • Unit Actual Rent: $2,550.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,495.00
  • Unit Actual Rent: $2,495.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number Leased: 4
  • Number Refrigerator: 4
  • Number Rented Garages: 4
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $489,519.00
  • Assessed Improvement Percent: 54.29
  • Assessed Land Value: $412,226.00
  • Assessed Land Percent: 45.71
  • Assessed Total Value: $901,745.00

Property History for 1612 West 226th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1612 West 226th Street

Taxable ValueLand$420,470Additions$499,309Total$919,779
Tax Record2023$12,028 ($1,002 / month)
Home Facts
Total Finished SqFt3,124 SqFtAbove Grade Finished SqFt3,124 SqFtLot Size7,202 SqFtStyleQuadraplexYear Built1948ZoningLARD1.5CountyLOS ANGELESAPN7347-010-012

Schools near 1612 West 226th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Meyler Street Elementary School
PublicK to 5

Nathaniel Narbonne Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Commercial Brokers Int'l. Inc., Joseph Killinger, DRE #01119814

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.