**Rare Opportunity: Prime Multi-Family Investment Property in Torrance!** For the first time in nearly 40 years, "Ocean House," a meticulously maintained 54-unit property, is available in Torrance’s most desirable neighborhood. This property offers exceptional amenities, including a solar-heated swimming pool surrounded by lush landscaping, serene interior gardens, and updated on-site laundry facilities, delivering both comfort and convenience for residents. The thoughtfully designed unit mix features one-bedroom units and two-bedroom units, catering to a wide range of renters and budgets. Located in South Torrance, Ocean House offers proximity to pristine beaches, shopping, dining, parks, top-rated schools, and major transportation routes, combining the convenience of urban living with the tranquility of a suburban setting. The property has been meticulously maintained, with a new roof installed in May 2023, reflecting its excellent upkeep and attention to detail. **Disclaimer:** The information provided is subject to change.
Property Details
Property Features
Property Information:
Year Built: 1962
Stories: 2
Listing Office:
Office Name: Gardner
Office Phone: (310) 489-1410
Listing Agent: Theodore Gardner
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 2 spaces
Parking: Assigned, Controlled Entrance
Lot Features
Lot Information:
Lot: Corner Lot, Landscaped, Level
Lot Size: 1.27 Acres
Other
Directions Information:
Directions: From PCH and Hawthorne, head west on PCH, turn left on Ocean.
Price Information
Listing Price Info
Price Summary:
List Price: $17,999,999
Tax Information:
Annual Amount: $36,165
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Torrance, CA.
This property is $16.9M more than the Median Sold Price in Torrance, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SB24247906
Listing Office:
Office Name: Gardner
Office Phone: (310) 489-1410
Listing Agent: Theodore Gardner
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, 3:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$36,165
$2,568,867
2020
$35,218
$21,848,400
2019
$33,658
$2,490,977
2018
$32,929
$2,442,136
2017
$32,929
$2,394,252
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Walteria Elementary
24456 Madison St
Distance between this listing and this school0.55 miles
Public District Grades KG-5
8
/10
Riviera Elementary
365 Paseo De Arena
Distance between this listing and this school1.11 miles
Public District Grades KG-5
9
/10
Arnold Elementary School
4100 W 227th St
Distance between this listing and this school1.17 miles
Public District Grades KG-5
Nearby Schools
9
/10
Richardson Middle School
23751 Nancylee Ln
Distance between this listing and this school0.84 miles
Public District Grades 6-8
8
/10
Calle Mayor Middle School
4800 Calle Mayor
Distance between this listing and this school0.87 miles
Public District Grades 6-8
8
/10
Jefferson Middle School
21717 Talisman St
Distance between this listing and this school1.86 miles
Public District Grades 6-8
Nearby Schools
9
/10
South High School
4801 Pacific Coast Hwy
Distance between this listing and this school0.69 miles
Public District Grades 9-12
10
/10
Palos Verdes Peninsula High School
27118 Silver Spur Rd
Distance between this listing and this school2.15 miles
Public District Grades 9-12
2
/10
Shery (Kurt T.) High (Continuation)
2600 Vine Ave
Distance between this listing and this school2.15 miles
The neighbors living near this home have an average income of $44,044. The majority of Torrance, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 24065 Ocean Ave
What is the listing price of this property?
The listing price of 24065 Ocean Ave property is $17,999,999.
What type of property is this?
The property 24065 Ocean Ave is a condo located in Torrance, California, 90505.
Is this property for sale now?
Active Listing: 24065 Ocean Ave 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 $36,165 (source: MLS/based on county public records data).
Which year was this property built?
The year of construction for 24065 Ocean Ave is 1962.
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This home is located at 24065 Ocean Ave in Torrance, CA and zip code 90505 in the Walteria neighborhood. This home, which was built in 1962, sits on a 1.27 acre lot. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $17,999,999.
In November 2024 more than 38 listings in Torrance, CA were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 32 were sold below. The number of listings in Torrance, CA decreased by 12.5% between October 2024 and November 2024. While the average time on the market in November 2024 was 31 days, the median list price was $1,039,125.
From Rocket Homes Real Estate and based on county public records data.
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. 
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