- N/A BR
- 0 BA
- N/A SqFt.
- 21,789 Lot
- $5,310,000
- Closed
- 11/7/24
Description
**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.
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Property Details for 24065 Ocean Avenue
Listing Details
- Listing Advertised By
- Dave Fratello, Edge(310) 243-6299|
|
- Listing Presented By
- Theodore Gardner
- Listing Brokered By
- Gardner
- Type
- Residential Income, Apartment
- Year Built
- 1962 (Assessor)
- MLS Area
- 125 - Walteria
Price and MLS Information
- Status
- Closed | Listing History
- MLS Days on Mkt.
- 22 DOM
- Combined DOM*
- 22
- First Date Active
- December 11th, 2024
- Closing Date
- February 20th, 2025
- Sold Price
- $18,000,000
- Orig. List Price
- $17,999,999
- MLS® #
- SB24247906
- APN
- 7534006018
- Special
- Standard, Trust
Home Interior Information
- Levels/Stories
- Two
Room Information
- Laundry
- CommonArea
Exterior Information
- Lot Description
- Corner Lot, Landscaped, Level, Lot Over 40000 Sqft, Near Park
- Lot Size (sq. ft.)
- 55,418
- Lot Size (acres)
- 1.27
- Pool
- Community, Fenced, In Ground
- Parking Spaces
- 54
- Garage Spaces
- 2
Utilities Information
- Water Source
- Public
Additional Information
- Zoning
- TOCR-MH
- Inclusions
- Owned laundry equipment
- Exclusions
- Statue
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
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Neighborhood Information
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Listing/Price History
24065 Ocean Avenue, Torrance, (MLS® #SB24247906)
| Date | Details | Price | Change |
|---|---|---|---|
| Closed | $18,000,000 | – | |
| Pending | – | – | |
| Active Under Contract (from Active) | – | – | |
| First Day Active | $17,999,999 | – |
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Listing Summary
Quick Summary of 24065 Ocean Avenue: This home in Torrance is priced at $17,999,999 . The Apartment residence was originally built in 1962 and was listed on December 11th, 2024 at $17,999,999, showing 22 Days on Market currently. Contact Dave Fratello today for more information or to go see 24065 Ocean Avenue.
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Sold Listings Similar to 24065 Ocean Avenue, Torrance
Based on information from California Regional Multiple Listing Service, Inc. as of March 18th, 2025 at 7:21pm PDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
