1639 W 228th Street, Torrance, CA 90501

About this property

Seller may consider carrying a 1st with 25% Down Payment. (Owner User Possible) Fully occupied Residential Reentry Center with a Strong Operator boasting a 7% Cap Rate based on current income. The offering is situated on a large double lot totaling 14,403 Sq. Ft. of CM-1VL Zoning with great future development potential. The Current Land Designation: is Hospitals, Convalescent Homes allowing many uses. The building has a large courtyard and has been recently updated with a pro style kitchen, washer and dryer hookups and a commercial fire alarm system.

Listing description from the September 2025 sale, as reported to CRMLS.

Sale history

$2,200,000

Sold September 2025 · orig. $2,350,000, on market October 2022 · MLS #22211797 · Source: CRMLS

Listing Agent: Jon Emrani · Listing Office: Marcus & Millichap · Contact: 310-909-5500 · Bought with: Brett Alphin · Compass

$1,100,000

Sold January 2021 · listed $1,149,000, on market November 2020 · MLS #SR20243018 · Source: CRMLS

Listing Agent: Adi Mizrahi · Listing Office: Keller Williams Realty Calabasas · Contact: 818-657-6500 · Bought with: Adi Mizrahi · Keller Williams Realty Calabasas

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