A rare find newer 4-unit income property built in 2017. Newer modern townhouse-style with 2-car attached garage for each unit. All 4 units have 3 ensuite bedrooms. An incredible unique investment property that generates great income with 4.72% cap rate and low maintenance cost to the owner. Tenants pay their own utilities including water and trash. Separate electricity, gas and water meter for each unit. This property is located in very convenient location. Close to old town Torrance where features many nice restaurants and shops. There are 2 buildings on the property; each building has 2 units. The main level offers an open living room, a modern kitchen and one bedroom with its own bathroom. The upper level has two ensuite bedrooms, storage areas and balconies. Laminated floors throughout. Each unit has an attached 2-car tandem parking garage with a laundry closet. There are fenced front and backyards with gated driveway.
5 Unit apartment building centrally located in the city of Torrance with shopping and freeway access on Artesia Blvd. The property comprise of 3 Bedrooms and 1 Bedroom units, professionally managed with strong consistent income in place. Recently painted and had various upgrades throughout ownership. Property does not fall under any city rent control.
Amazing opportunity for investment, extended or generational family or live in one and get rent to assist from the other. The property is comprised of two homes, the front home is an original "Story book" home built throughout this area in the 1950's, although not in it's original state, it has been remodeled over the years. This home is approximately 1,400 sf and has a lovely living room with a fireplace, open kitchen with granite counter tops and ample wood cabinets, breakfast bar that opens to a large, bright dining room. There are 4 bedrooms and 2 baths, 2 bedrooms downstairs (one currently used as an office) and share a full bath - these rooms are easily closed off to create an almost giant primary suite. There are 2 bedrooms upstairs with an additional 3/4 bath. There is an outdoor area with laundry hook ups sheltered by an overhang off the kitchen. This house has dual paned windows, copper & ABS plumbing. Hardwood, laminate, and tile floors through out the house. There is a back house, an ADU with approximately 1,250 sf. This was said to be a permitted room, when the owner purchased on the side and above the then garage. The current owner had the space transformed, with permits - but not fully approved, there are a total of 3 bedrooms and 2 baths. There is 1 bedroom and 1 full bath downstairs and 2 bedrooms and a 3/4 bath upstairs. Downstairs is a small kitchen with attached dining area and a living room. Upstairs is a large bright family/living room with skylights. This was built in approximately 2022, it has a tankless water heater, central HVAC and vinyl floors throughout. This homes interior was recently painted. The property is situated on a tree-lined street, in a family friendly neighborhood in Torrance. Easy freeway access, close vicinity to Torrance schools, shopping and South Bay beaches. Really A Must See!
This residential income duplex property is ideally situated in Torrance, close to parks and dining options. It features ample space, with lots of potential. Recent upgrades enhance its appeal for potential cash flow. With three levels, including a strong foundation basement, this property offers spacious room for both living and storage. This stunning duplex boasts around 7,480sqft of living space on a 8,754sqft lot. Its spacious layout makes it ideal for families or as a potential rental income opportunity. It's an excellent investment opportunity at this unbelievable price, featuring substantial living space and income-generating capabilities, making them attractive options for investors and people who is looking for additional cash flow. It also has the potential and offers the space to build 1-2 ADUs. Don't miss out!
Torrance Triplex, all three units have 2 bedrooms and 1 full bath, each unit has hookups for washer/dryer in unit. Well maintained property close to freeway, shopping, resturants and schools.
Courtesy: M.O.R.E Real Estate, Inc.
Welcome to 3908 & 3910 Newton Street, a pair of meticulously custom designed luxury residences in the heart of South Torrance. These Hollywood Riviera homes exemplify sophisticated living with cutting-edge technology, superior craftsmanship, and exquisite designer finishes. Architectural Excellence, The exterior boasts a stunning Indiana limestone facade and wall caps, finished with fiber cement fireproof siding, ensuring both beauty and safety. The homes feature dual zoned HVAC and are crowned with presidential roof shingles, adding to the durability and elegance. Enter through the grand steel construction front door and be greeted by the finest materials and finishes. Elegant Interiors Inside, you’ll find custom European white oak hardwood floors and kitchen cabinets throughout, accented with polished brass fixtures, which play off the golden highlights of the imported Brazilian Quartzite kitchen countertops throughout the homes. Lavish Amenities, Indulge in the three primary rooms en-suite spa-like experience designer bathrooms, featuring deep soak 8-jet Jacuzzi tubs with built-in heaters. Unmatched Smart Home Features, Step into a world of convenience with smart hub integration powered by Amazon Echo. Control your home effortlessly with voice commands and enjoy immersive audio throughout with a Bluetooth-enabled wireless sound system, featuring a 10-speaker configuration, including ceiling and outdoor speakers. Every room is pre-wired with Cat 6 high-speed internet. The Outdoor Spaces, are accessed by the 18 ft wide bi-fold sliders that seamlessly blend indoor and outdoor living, with a 20 ft built-in water feature, a fully equipped outdoor kitchen with gas BBQ, and pathway lighting that illuminates the beautifully landscaped surroundings and highlights the architectural beauty. Dual Living Arrangement, These properties offer the unique benefit of being two homes in one. The second level ADU features a two Bed, two Bath, bright high ceiling mother-in-law quarters/casita with its own address, kitchen, and laundry facilities, ideal for extended family, rental income or guests. Parking is effortless, Single (1) attached Garage Space with parking for Six (6) TOTAL, including designated ADU tandem car stall. Located in prized Torrance Unified School District, in close proximity of local freeways, parks, grocery, dining and accredited schools.
Fully Remodeled Duplex in the Heart of Torrance! This beautifully updated property features two units with sleek, contemporary finishes, including a new roof, windows, doors, flooring, and fresh paint inside and out. The front unit is a cozy 1-bed, 1-bath home with a walk-in closet and a fully renovated kitchen. The back unit offers 2 beds, 2 baths, a versatile bonus room (ideal for an office or playroom), a private backyard, and a fully renovated kitchen. Both units have separate gas and electric meters, with a long driveway leading to a two-car garage attached to the back unit. Situated near top-rated schools, shopping, and entertainment, this property is perfect for multi-generational living, investors, or a retirement plan. Don't miss this rare opportunity in one of the South Bay's most desirable neighborhoods!
Prime mixed-use property for sale in Torrance! A rare find for investors. This is a versatile investment opportunity to own a commercial unit and two residential apartments in Torrance (two bedrooms each). Located at the corner of Torrance Boulevard and Berendo Avenue. It is adjacent to a residential neighborhood, strategically located close to the 110 freeway. All units are fully occupied with great tenants and great relationship with landlord. This property is self-managed by owners with ease for over 10 years with almost no vacancy. No shortage of renters for the area. Torrance boulevard provides a nice traffic count for the minimarket. Business is not for sale, only the property.
Residential income opportunity located at the gateway of Torrance. Close proximity to parks and Front house is 1200 SF featuring 3 bedrooms and 2 bathrooms. With new flooring installed a few years ago and a renovated bathroom, the cozy home also features a spacious kitchen. The backhouse is approximately 800 SF with 1 bedroom and 1 full bathroom with the bonus of its own private yard. To add to the income stream, the garage was converted to two units featuring one studio and another being 1 bedroom and 1 bathroom. The property is fully leased.
Whether you're an owner occupier looking to live in a beautiful unit while having your mortgage paid by tenants or a savvy investor on the hunt for a high-quality, low maintenance property with value add opportunity, this property checks all the boxes. This fully renovated investment property included 4x (2) two bedrooms + (1) one bath units. Renovation includes newer electrical, newer roof, new main sewer line, fully remodeled units and more. Each home in each Fourplex has been fully renovated with attention to the finest of details. The properties features a security system, 4 parking garages with 5 additional parking spaces, and on site laundry.
Rare opportunity to acquire a corner-lot fourplex in Old Torrance that is insulated from traffic yet central to everything South Bay. Spanning 2,854 sf across a 6,496 sf lot and comprised of two single level and spacious 2-bed 1-bath units, together with two additional 1-bed 1-bath units situated atop four single car garages and balanced perfectly around a central yard, this building makes sense for owner occupants and investors alike. Both of the 2-bed units feel like single family living and will be delivered vacant, presenting an ideal setup for an owner-user looking to occupy one or more units while subsidizing the mortgage with additional rents. This property is ideally situated nearby schools (Torrance Elementary and Torrance High School), parks, and shopping, as well as easily accessible from Southern California employment hubs, such that rental demand will remain stable for the foreseeable future. There is no local rent control here (on information and belief only CA AB1482 applies, but buyer to verify) and gas and electric are separately metered. There are also several avenues to add value, such as repositioning the leases on the 1-bedroom units, converting owner’s storage space (laundry hookups present!) to community laundry facility for additional stream of income, and potentially converting the garages to ADUs to maximize return. Just 1.5 miles to the Torrance Crossroads, 2.5 miles to Del Amo Shopping Center, just 4 miles to Torrance Beach, and 5 miles to King Harbor, the property also provides easy access to and from the whole of Southern Bay via nearby Western, Sepulveda, and Torrance Blvd corridors, as well as the rest of Southern California via nearby 110 freeway.
Courtesy: Shield CRE, Inc.
Price reduced by $150,000! Luca is proud to present this 29-unit investment opportunity in Torrance. The property is situated in an outstanding Torrance location and is NOT subject to LA Rent Control and instead falls under AB-1482. The asset has a unit mix of (2) 2-bedroom/1-bathroom units, (3) 1-bedroom/1-bathroom units, (15) studio/1-bathroom units and (9) bachelor/1-bathroom units. The property is situated on two separate, adjacent parcels - each lot with its own assessor parcel number (APN). The offering is priced at only $193,103 per unit. The property features a total of 12,952-SF of living area and is situated on a large 19,824-SF corner lot.The asset is being offered at a 5.69% current cap rate and 11.67 current GRM with upside to a 7.97% pro-forma cap rate. Each unit has individual hot water heaters and both buildings are all electric. 16924 Crenshaw has a newer roof. Furthermore, there is a courtyard area with a pool, 29 parking spaces, and an on-site laundry facility with two washers and two dryers.
We are pleased to present this turnkey 7-unit apartment community located in the heart of North Torrance. This asset includes six (6) 1-Bed/1-Bath units and one (1) 3-bed/ 2-bath unit. The entire property has been professionally designed, upgraded and permitted, including complete replacements of the electrical, plumbing and sewer systems, HVAC, kitchens & bathrooms, windows, tile, etc. Front unit enjoys a large fenced in yard with a beautiful lawn and new patio, and the 3-bedroom includes washer-dryer as well (other units share a laundry room = extra income!). All units are occupied by well-qualified, long-term tenants. 4 on-site parking spaces and plenty of street parking. NO LOCAL RENT CONTROL - subject only to AB 1482.
Courtesy: Golden Pacific Realty Group
Great opportunity to own a duplex property in North Torrance! The subject property is conveniently located in North Torrance where the rent demand remains always strong! The front unit (1,228sf) is totally remodeled and upgraded from Floor to Ceiling. It has spacious 3 bedrooms / 2 bathrooms / 2-car attached garage and the tenant is currently paying $3,700.00 per month. Another Unit is private back house which has spacious 4 bedrooms and 2 1/2 bathrooms. It is in a great condition with beautiful hardwood floors, big living room with fireplace, tiled counter tops in the kitchen, separate formal dining area, and family room. The gorgeous master bedroom with balcony, and master bath with jetted tub and dual sinks. small patio, side yard, attached two car garage with lots of storage. The tenant is currently paying $3,650.00 but it should be get $4,700 per month at least. ***Property Highlights: *Close to Columbia Park, one of the largest recreational parks in South Bay. * Close to Manhattan & Redondo Beach. *20 minutes to Los Angeles International Airport. *Great school district. *Walking distance to middle school and high school. *Close proximity to Del Amo Shopping Center and many other retail shopping centers. *Close to 405 & 110 & 91 Fwy
Discover this highly desirable 7-unit building located in the heart of North Torrance. Boasting an optimal mix of four 2-bedroom units and three 1-bedroom units, all currently leased, this property promises immediate income generation. Recent exterior painting and refurbished staircase railings and back patio areas have enhanced tenant satisfaction, reflecting a commitment to property upkeep and tenant comfort. Unit includes a mix of spacious 2-bed/2-bath units, including one with a fireplace and another upgraded to feature engineered flooring, potentially convertible into a 3-bedroom layout. Additionally, there are three large 1-bed/1-bath units on the second floor. Well-maintained with over 6,800 Sqft of living space, featuring five garage spaces and two covered carports. Situated on a corner lot at the intersection of 182nd St and Van Ness Ave, the property enjoys proximity to essential amenities such as the Nijiya Japanese market, transportation hubs, shopping centers, schools, and places of worship. Convenient access to major freeways including the 405 and 110, ensuring ease of commute for tenants. With a history of consistent occupancy and a strong rental demand evidenced by all units almost always rented, this property presents a compelling investment opportunity in a sought-after location. Don't miss out on this rare investment opportunity!
Courtesy: Anastasi Properties, Inc.
RARE NEW development opportunity in Torrance. 3 connected parcels totaling 38,165 sqft. 22102, 22042, 22040 Normandie Ave. The new owner can build 1 SFR + 1 SFR + 2 Detached ADUs + 1 Attached ADU per parcel. 5 new units per parcel with a total of 15 units. This meets all the criteria in the SB9 summary. 22102 Normandie has a lot size of 24,554 sqft. 22040 Normandie has a lot size of 7,026 sqft. 22042= 6,585 sqft. Buyer to verify all information. IF YOUR LOOKING TO DEVELOP AND BUILD NEW CONSTRUCTION IN TORRANCE, THIS MAY BE YOUR OPPORTUNITY!
OWNER WILL CARRY WITH 1/3 DOWN @6% INTEREST ONLY FOR 5 YEARS. Great unit mix: (2) 3 bedroom units, (4) 2 bedroom units and (1) i bedroom unit. Rents SUBSTANTIALLY BELOW MARKET. One unit (3 bedroom) may be available. Laundry room with equipment included generates approximately 300. per month.New electrical panel. All Electric building with separate meters., Individual water heaters. Call or text for OM
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 .
Courtesy: Excellence RE Real Estate
PRICE REDUCTION NEW HOMES! two houses on a lot built to inspire, located in a residential area of Torrance and completed as of April, 2024. This UNIQUE investment opportunity offers a front house with a 3-bedroom & 2-bathroom with appliances included and a back house with 2-bedroom & 2-bathroom appliances included and also 7-solar-panels completely paid off, central A/C and heating system on both houses, providing a wide array of leasing or investment options. Boasting total interior space of 2,715 sq ft , these 2 transitional beautiful houses are sited on an 7,200 sq ft lot and will generate a solid income stream & stability for the future owner, close to shopping centers, restaurants and schools. Motivated sellers.
Torrance is located in California. Torrance, California has a population of 147,156. Torrance is more family-centric than the surrounding county with 36.28% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Torrance, California is $100,215. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Torrance is 42.2 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 48.1 degrees. The average rainfall is approximately 13.8 inches per year, with 0 inches of snow per year.
