
1610 W 218th St Torrance, CA 90501
Harbor Gateway NeighborhoodHighlights
- 0.41 Acre Lot
- Guest Parking
- 1-Story Property
- 6 Car Garage
About This Home
As of March 2022DEVELOPMENT OPPORTUNITY - 1610 W 218th St, Torrance is a unique opportunity to own a 4-unit residential income property that presents a development opportunity with its 18,003 square foot lot. Zoned R3 and with a 100' frontage by 180' depth, the parcel allows for 22 buildable units by right. Located in a designated Opportunity Zone, a new owner can take advantage of deferring capital gains and a step up in basis through improving the property. The property also benefits by residing within a transit priority area. The property is just a block from Western Ave and W Carson Ave in Torrance. Residents benefit from the transportation options available to them. The Harbor Freeway (110), San Diego Freeway (405), Long Beach Freeway (710), and Artesia Freeway (91) link the area to the rest of Southern California and beyond. Proximity to Harbor-UCLA Medical Center, Honda Headquarters, Long Beach Port, LAX, and many other large employers. PLEASE DO NOT WALK THE PROPERTY OR SPEAK WITH TENANTS, THEY ARE UNAWARE OF THE SALE.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01978847 Listed on: 02/16/2022

Last Buyer's Agent
Joanne Kootsikas
License #01245744
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $26,127
Year Built
- Built in 1928
Lot Details
- 0.41 Acre Lot
- Lot Dimensions are 100 x 180
Parking
- 6 Car Garage
- 4 Open Parking Spaces
- Driveway
- Guest Parking
- On-Street Parking
Interior Spaces
- 4,117 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Bathrooms
Utilities
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number 7346-004-010
Community Details
Overview
- 6 Buildings
- 4 Units
Building Details
- Rent Control
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,975,000 | First American Title Company O | |
Grant Deed | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Quit Claim Deed | -- | None Available | |
Interfamily Deed Transfer | -- | Accommodation | |
Quit Claim Deed | -- | -- |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/25/2022 03/25/22 | Sold | $1,975,000 | 0.0% | $480 / Sq Ft |
02/18/2022 02/18/22 | Pending | -- | -- | -- |
02/16/2022 02/16/22 | For Sale | $1,975,000 | -- | $480 / Sq Ft |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $26,127 | $2,095,885 | $1,140,798 | $955,087 |
2024 | $26,127 | $2,054,790 | $1,118,430 | $936,360 |
2023 | $25,628 | $2,014,500 | $1,096,500 | $918,000 |
2022 | $6,330 | $418,861 | $261,874 | $156,987 |
2021 | $6,233 | $410,649 | $256,740 | $153,909 |
2020 | $6,279 | $406,439 | $254,108 | $152,331 |
2019 | $6,071 | $398,471 | $249,126 | $149,345 |
2018 | $5,758 | $390,659 | $244,242 | $146,417 |
2016 | $5,430 | $375,491 | $234,758 | $140,733 |
2015 | $5,260 | $369,852 | $231,232 | $138,620 |
2014 | $5,290 | $362,608 | $226,703 | $135,905 |
Agents Affiliated with this Home
-
Seller's Agent in 2022
Daniel Shieh
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
1 in this area
37 Total Sales
-
J
Buyer's Agent in 2022
Joanne Kootsikas
Map
Source: The MLS
MLS Number: 22-127531

APN: 7346-004-010
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