7 months on rocket

1617 W 224th St, Torrance, CA, 90501

$990,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Baths
2,014 SqFt
$492/SqFt
House

Location

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1617 W 224th St, Torrance$990,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingPaved
Year Built1948
MLS #24393805
Lot Size0.17 Acres
StatusActive

About 1617 W 224th St

3-bedroom house in front with a duplex behind (both 1-bedroom) all on a large 40x180 flat-lot. All units have individual water heaters, separate gas & electric meters for reduced expenses, and tenants pay for their own trash collection. The complete lot behind the front house is paved with concrete to allow open parking for several cars and other vehicles . SFR: The 3 bedroom, 2 bathroom, house is approx 1014 sq ft and features wood and tile floors; newer large kitchen with dine-in area, tile counters, dishwasher, stove/oven and refrigerator; aluminum windows; raised foundation and attic area for easy modifications; . Duplex: The two 1-bedroom units have a very efficient floor plan even though they're only 500 sq ft each. All units are remodeled and in good conditions. Large LARD2 Lot with a great potential to be developed in the future. This property is located in a nice residential neighborhood .

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 1948
  • Stories: 0
  • Living Area: 2,014 SqFt

Listing Office:

  • Office Name: Beverly and Company, Inc.
  • Office Phone: (818) 382-4160
  • Listing Agent: Mick Avramovic

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Paved

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Other

Directions Information:

  • Directions: 1 block east of Western Ave, 4 blocks north of Sepulveda Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $990,000
  • Price Per SqFt: $492/SqFt

Tax Information:

  • Annual Amount: $8,012
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Torrance, CA.

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Torrance, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$693

Avg. Days On Market

31

# of Sold Homes

82

1617 W 224th St vs Torrance

214 DAYS ON ROCKET

+183 Days

$990,000

-$49.1K Less

$492/SqFt

-$201 Less

KEY TAKEAWAY

This property is $49.1K less than the Median Sold Price and $201/SqFt less than other homes in Torrance, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24393805

Listing Office:

  • Office Name: Beverly and Company, Inc.
  • Office Phone: (818) 382-4160
  • Listing Agent: Mick Avramovic

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 20, 2017Home Sold
$535,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,012$620,641
2020$7,247$614,000
2019$7,127$556,614
2018$3,526$545,700
2017$3,526$253,165

History based on county public records data.

Payment Calculator

$5,009

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,035

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4423491
5
/10

  • Meyler Street Elementary

  • 1123 W 223rd St

  • 0.66 miles

  • Public District Grades KG-5

school-card-donut-4423492
5
/10

  • Halldale Avenue School

  • 21514 Halldale Ave

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-4423493
6
/10

  • Torrance Elementary

  • 2125 Lincoln Ave

  • 0.84 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,485. Residents of Torrance, CA typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1617 W 224th St

What is the listing price of this property?

The listing price of 1617 W 224th St property is $990,000.

What type of property is this?

The property 1617 W 224th St is a house located in Torrance, California, 90501.

Is this property for sale now?

Active Listing: 1617 W 224th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,012 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 20, 2017 for $535,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1617 W 224th St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1617 W 224th St is 2,014 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1617 W 224th St is 1948.

Rocket Homes›California›Los Angeles County›Torrance›90501›1617 W 224th St

This home is located at 1617 W 224th St in Torrance, CA and zip code 90501 in the Harbor Gateway neighborhood. This 2,014 square foot home, which was built in 1948, sits on a 0.17 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $990,000.

While more than 38 listings in Torrance, CA in November 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 32 were sold below. The inventory of homes for sale in Torrance, CA between October 2024 and November 2024 decreased by 12.5%. In November 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $1,039,125.

From Rocket Homes Real Estate and based on county public records data.

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