Prime 5-Unit Apartment Building in North Torrance – High Yield Investment Opportunity Introducing a rare multi-family investment opportunity in the heart of North Torrance. This well-maintained 5-unit apartment building features a desirable unit mix of (3) spacious 3-bedroom/2-bath units and (2) 1- bedroom/1-bath units, totaling 4,963 sq ft of living space on a 6,258 sq ft lot.
The Palms is a 48-unit multifamily investment opportunity located at 3929 West 242nd Street in Torrance, California. Built in 1961, the property sits on a 1.03-acre lot and features approximately 36,096 net rentable square feet, with apartment buildings arranged around spacious interior courtyard areas. The Palms features a garden-style layout, with apartment buildings oriented around interior courtyards that provide residents with shared outdoor space. The site also accommodates common area circulation, resident amenities, and a substantial covered parking component within the property’s 1.03-acre footprint. The unit mix consists of 38 one-bed/one-bath units, 6 two-bed/one-bath units, and 4 two-bed/two-bath units. This composition provides a strong base of one-bedroom floor plans while also including a selection of larger two-bedroom units. Current ownership has extensively renovated 8 units with luxurious finishes. The property features a swimming pool, clubhouse, gated access, two on-site laundry facilities, and covered parking. Parking is provided through 45 tuck-under spaces, 2 surface spaces, one single-car garage, and one double-car garage, giving The Palms a substantial covered parking component relative to its unit count. Overall, The Palms represents an established Torrance multifamily asset with scale, a predominantly onebedroom unit mix, courtyard-style design, on-site amenities, gated access, and covered parking.
Exceptional multi-residence property offering approximately 3,400 square feet of total living space on a beautifully landscaped lot of more than 6,700 square feet. Featuring three separate residences with a combined seven bedrooms and five bathrooms, this property offers incredible flexibility for extended family, multigenerational living, investment opportunities, or owner occupancy with additional rental income. The main residence offers more than 1,500 square feet with three bedrooms, two bathrooms, and an attached two-car garage. The spacious two-story ADU includes more than 1,200 square feet, two bedrooms, and two bathrooms. The approximately 660-square-foot SB9 residence features two bedrooms and one bathroom. All three residences are new or have been extensively updated and include brand-new refrigerators, ranges, microwaves, dishwashers, washers, and dryers. Additional upgrades include new central heating and air conditioning, laminate flooring, white shaker cabinetry, quartz countertops, recessed lighting, and new doors and windows. The property also offers abundant on site and off-street parking and even room for RV and fully landscaped outdoor areas. Conveniently located near major freeways, hospitals, shopping, airports, and the South Bay’s beautiful beaches. A rare opportunity to own three thoughtfully designed and beautifully renovated residences on one Torrance property.
A unique opportunity to acquire a 4 unit property in the city of Torrance with a front duplex built in 1944 and a newer rear duplex built in 2006. The front structure consists of 1 bd/1 bth & 2 bd/1 bth units with spacious layouts, and tons of yard space. The rear structure includes a downstairs 1 bd/1 bth unit w/ an attached garage, and an upstairs 3 bd/1 bth unit that may be delivered vacant for an ideal owner/occupier. The entire property sits on a 6,855sf sized lot with a long driveway, dedicated parking for each unit, and potential to add value to maximize rents in the future. Good Location in Torrance off the 405 fwy, within Harbor Gateway, near Harbor-UCLA Medical Center, and tons of local shops & restaurants.
Looking for 2 units with an abundance of historical charm and character?? This is in a class by itself. The site is zoned R2. The front house is a 2 bedroom, 1 bath with living room, dining room, kitchen and pantry. It does connect to a large addition which can easily have a door installed to make the back house a 2nd unit. The back house has an exceptional living room with river rock fireplace, very high beamed ceilings and an area with plumbing to install a kitchen. The upstairs is a HUGE bedroom with an extremely oversized closet. This space could be easily reconfigured to 2 bedrooms, 2 baths with large closets. Additionally there is an oversized 3 car garage with 2 side doors - it's extra deep and extra tall. You must come to experience the very big upside to this property. See pictures for redesign of 2nd floor primary bedroom to be 2 bedrooms, 2 baths, with lots of storage.
12-Unit Investment Opportunity in Torrance P.O. Two Adjacent 6-Unit Apartments - Each with their Own Assessor Parcel Number (APN) All 2-Bedroom/1.5-Bathroom Units 5.17% Current Cap Rate & 11.05 Current GRM 8.41% Pro-Forma Cap Rate & 7.98 Pro-Forma GRM Combined 14,008-SF Total Lot Size Desirable Opportunity to Add ADUs 1978 Construction Property is on RUBs Program - Reduces Operational Expenses for Landlord Total of 24 Parking Spaces (Tandem) Gated Building with 2 On-Site Laundry Facilities Roof Replaced Approximately 12 Years Ago Located Approximately 1 Mile from Harbor-UCLA Medical Center Short Commute from Old Town Torrance, Torrance Crossroads, Torrance Business Center, and Del Amo Fashion Center
16925 Prairie Avenue is a 29-unit multifamily community on the northwest corner of Torrance, directly across from 84-acre Alondra Park and seconds from the 405 Freeway. The unit mix comprises 2 studios, 24 one-bedrooms, and 3 two-bedrooms - including two newly constructed (2025) ADUs that are solar-powered, all-electric, individually metered, and exempt from rent control. Approximately 83% of income is government-backed or voucher-supported, delivering durable, recession-resistant cash flow, while in-place rents sit roughly 18% below market. SB 721 compliant, passed November 2025. With ~90% of units renovated, a fully repaved parking lot, new security cameras, three on-site laundry facilities, and secured access, this is a turnkey asset with a clear, low-capital runway to push rents toward market.
Exceptional investment and owner-user opportunity in the highly desirable Walteria neighborhood of Torrance. This beautifully remodeled triplex offers three permitted residential units with excellent income potential. The property features a spacious main residence, a permitted attached ADU, and a separate one-bedroom unit, providing flexibility for multi-generational living or rental income. Thoughtfully updated with modern finishes and move-in ready, the property also offers ample parking, a prime South Bay location, and convenient access to award-winning Torrance schools, shopping, dining, parks, and major freeways. A rare opportunity to own a turnkey income-producing property in one of Torrance’s most sought-after neighborhoods.
Some investment opportunities look good on paper. Others deliver the kind of long-term value that's increasingly difficult to find. This well-maintained four-unit property offers both, with fantastic tenants already in place and a CAP rate of just over 5%, making it an exceptional addition to any real estate portfolio. Each residence has been thoughtfully remodeled and features granite countertops, high-quality laminate flooring, ceiling fans, in-unit laundry, and dual-pane eco-coated vinyl windows designed to help reduce heat and glare. The unit mix provides broad rental appeal, with two spacious townhome-style units offering private fenced yards, powder rooms, and upstairs bedrooms, while one also features decks off both bedrooms. Another unit includes a versatile bonus office or potential third bedroom with an attached bathroom, and the fourth offers the comfort of a mini-split A/C system along with inviting deck space off both the living area and one bedroom. The care invested in this property extends far beyond cosmetic updates. Both sections of the roof have been replaced within the past three years, all four water heaters have been updated within the last four years, recent drain clean-out improvements add peace of mind, and the refreshed landscaping creates an attractive setting for both residents and visitors alike. For investors seeking immediate income with confidence in the property's condition, this is a standout opportunity. Looking to think even bigger? The neighboring single-family home at 23213 Arlington is also available for purchase, offering the rare chance to acquire two adjacent income-producing properties together or separately. Whether you're expanding an established portfolio or making your next strategic acquisition, opportunities like this don't come along often.
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. Shared yard in front of the back house To add to the income stream, the garage was converted (unpermitted) to two units featuring one studio and another being 1 bedroom and 1 bathroom. The property is fully leased with tenants paying for gas and electricity. Fumigation treatment complete along with major repairs completed in 2025. Owners takes care of trash and water. One of the members of the holding company is a licensed realtor.
Major Price Reduction! Exceptional investment opportunity in the highly desirable South Bay rental market. This fully occupied Three Detached Units, including a Newly Constructed 2024 ADU, offering strong cash flow with low operating expenses. The property consists of Two 2 bedroom, 1-bath homes and a newer 2- bedroom, 2 baths ADU. All units are individually metered for gas and electricity, with the owner responsible for only water and sewer. Top of market rents, the property generates $7800 per month in gross rental income. There is also Potential JADU Upside (buyer to verify), with a four-gang electrical panel already installed, providing additional value- opportunity. Located in the strong South Bay rental market, this is an excellent opportunity for both investors seeking stable income and buyers looking for future expansion potential. Buyer to verify all information and development potential to their own satisfaction. Please do not disturb the tenants.
Prime Crenshaw Blvd retail frontage in Torrance with strong daily traffic, excellent visibility, and close proximity to major South Bay corridors and dense residentialneighborhoods. Multi-tenant mixed-use opportunity offering stable income potential, a flexible tenant mix, and long-term upside through rent growth, lease-up, or repositioning in a proven retail market. The property includes 3,000 square foot of retail, a 1,000 square foot 3 Bed/1 Bath residential unit and 579 square feet of vacant office space. The vacant space and MTM leases for the two existing tenants provide immediate lease up potential and an opportunity to increase occupancy and cash flow. Strategically located South Bay asset near major employers, schools, and established residential communities, providing durable tenant demand and consistentcustomer traffic. Minutes from the 405, 91, and 110 Freeways, offering excellent regional connectivity and convenient access for employees, customers, and commuters throughout Los Angeles County. Benefiting from a strong daytime workforce driven by the South Bay's aerospace, healthcare, logistics, and technology sectors. Presents significant upside potential for investors through future rent growth and value-add opportunities, while also offering a rare owner-user opportunity to potentially occupy the entire property over time in one of the South Bay's most established commercial corridors.
Pleased to present 2863 W. Carson Street, a well-maintained two-unit property located in the highly desirable South Bay city of Torrance. Offering a unique low-density configuration with spacious townhouse-style units, the property provides an attractive alternative to traditional multifamily assets, appealing to tenants seeking larger living spaces and a more residential environment. The property consists of two large two-bedroom units, including a ±1,350 square foot 2BR/1.5BA townhouse-style unit (2863) and a ±1,890 square foot 2BR/2BA townhouse unit (2867), both offering functional layouts and generous living space. 2863 was fully remodeled in 2016, featuring updated finishes and modern improvements, while the overall property has been well maintained, including the installation of a new roof in 2011, and new dual pane windows and sliding doors in 2018. With its sizable unit mix, desirable South Bay location, and strong underlying rental demand for larger floorplans, 2863 W. Carson Street presents a compelling opportunity for investors seeking stable income with long-term upside potential in a high-demand rental market.
Vintage Hollywood Charm in Old Torrance – Mid-Century Modern 5-Unit Collection Rare opportunity to own a meticulously maintained, one-of-a-kind 5-unit investment collection in the heart of Old Torrance. ALL UNITS 100% VACANT and READY FOR FULL MARKET RENTS! Each residence lives like its own private home — separate entrances, no shared driveways, true street-to-alley access. Two units have back doors off the kitchen for enhanced privacy. All units have iron screen doors. Unit Mix & Features: 1 Spacious 2BD / 1BA upstairs (~1,002 SF) 4 Large 1BD / 1BA apartments (~662 SF each) Each unit with its own large living room, bedroom, dining room, full bath with original tile as well as in the kitchens which have stove, refrigerator, and dedicated water heaters. There are 4 garages with alley access plus ample fee-free street parking. On-site coin laundry provides additional income. Value-Add Potential: Front and in-between spaces, as well as garage conversion opportunities, offer ADU potential (BUYER TO VERIFY) to maximize rental income and long-term appreciation. Prime Old Torrance Location: Minutes from Downtown Old Torrance shops and restaurants, Wilson Park amenities (Farmer’s Market, pickleball, sports fields, walking paths), Del Amo Fashion Center, Torrance High School, and major employers including American Honda Motor and Providence Little Company of Mary Medical Center. Easy two miles access to 405 or 110 freeways and just minutes to Redondo Beach, supporting strong, consistent rental demand along with the near finish Metro K Rail line nearby. Why This Investment Stands Out: Character and charm with timeless elegance. Private. Boutique layouts. High-demand location.
20414 Kenwood is an excellent acquisition opportunity for any investor seeking both short and long-term upside potential in the desirable inland South Bay rental market. Current rents present 30 percent rental upside, and the property’s underutilized corner lot may offer the potential to develop five one-bedroom ADU’s, effectively doubling the property’s unit count and massively growing income potential (buyer to verify). 20414 Kenwood Avenue currently consists of three single-story buildings with a diverse mix of three studios, one one-bed/one-bath and one two-bed/one-bath unit. The fenced lot features yard and patio space, as well as two parking spaces, and the rear section of the lot is undeveloped. The property has been well-maintained and boasts new siding, windows, and doors. A new investor could explore adding laundry facilities to further increase tenant demand and income potential. The property is located in the Harbor-Gateway area of Torrance and considered part of unincorporated Los Angeles County. This location is conveniently near freeways, major employers, and retailers, with easy access to beach cities; within just one mile tenants can access the 110 and 405 Freeways, Harbor-UCLA Medical Center (major employer), and Carson Towne Center. This area retains a strong tenant base, with an average household income within one mile over $107,000.
We are pleased to present the Calle Mayor Apartments, a rare five-property, fully stabilized multifamily collection comprising 29 units totaling 28,126 rentable square feet in the heart of Torrance's premier South Bay submarket. Originally developed by Don Wilson Builders between 1962 and 1963, these meticulously maintained garden-style townhome apartments have been under single ownership for over 60 years, representing a rare opportunity to acquire legacy assets with immediate and actionable upside potential. Located along a single stretch of Calle Mayor between 232nd Street and Carlow Road, the portfolio's five separately parceled properties give a buyer the flexibility to hold the collection intact, monetize individual assets, or carve out sub-portfolios over time.
Bella Vista is a 12-unit apartment property located in the Torrance P.O. neighborhood of Los Angeles. The property consists of two 6-unit buildings with a rentable square footage of 7,756 square feet and is situated on two parcels totaling 14,007 square feet. Built in 1964, the property is subject to the City of Los Angeles Rent Control Ordinance.The subject property consists of 8 one-bedroom / one-bath units, and 4 two-bedroom / one-bath units. Parking consists of a total of 12 uncovered spaces located at the rear of the property. The building is separately metered for electricity and gas. Ownership has recently upgraded the elevated walkways, painted the building, and added a high-end camera system for tenant safety.
Located in a gated community built in 2007, this well-maintained property consists of four residential units arranged as two separate duplex buildings. Each spacious unit features 3 bedrooms and 2.5 bathrooms, including a primary suite, two additional bedrooms, and a full hallway bathroom upstairs, plus a convenient powder room downstairs. Each unit offers a functional floor plan with a separate downstairs laundry room, comfortable living spaces, and assigned parking spaces for residents. The owner currently pays for water and sewer utilities. This property presents an excellent investment opportunity with strong rental appeal in a private gated setting.
$140,000 PRICE REDUCTION!! 3456 Redondo Beach Blvd, is a 5-unit property located in North Torrance CA. This complex consists of 3 units with 2 Bedroom / 1 Bathrooms and 2 units with 1 Bedroom + Den / 1 Bathroom. All units are equipped with their own water heaters and tenants are responsible for their own gas and electricity. Each unit is assigned one parking spot. The roof and decks have been replaced in 2025 and the decks have been properly inspected and passed to meet the SB-721 ordinance. Two out of the five units have had renovation work done to the interior of the units. This property is located on the main road which gives convenient access to locations such as the Alondra Golf Course, El Camino College, shopping plazas, restaurants, 405 Freeway, LAX, major south bay employers, etc. The surrounding area has strong rental appeal due to proximity to major employment centers and educational institutions.
PACKAGE SALE — Both properties must close concurrently. 1541 W 224th St, (MLS# PW26112441) must be purchased together with 1535 W 224th St (MLS# PW26108833). Do not disturb tenants. 5-unit, two-parcel value-add opportunity in Harbor Gateway. Two adjacent lots totaling 14,402 sq ft zoned LARD2, each on its own APN. 1541 W 224th St is a 3-unit triplex (6 BR / 3 BA, 2,558 sq ft); 1535 W 224th St is a 2-unit duplex (4 BR / 2 BA, 1,596 sq ft). Both built 1961, well-maintained. RESIDENTIAL FINANCING: Each parcel is priced independently under $1,000,000 and qualifies for conventional residential financing on its own APN — no commercial loan required. Lower down payment, better rates, and access to a significantly larger lender pool. ADU POTENTIAL: Combined 14,402 sq ft LARD2 zoning supports multiple additional dwelling units under CA state law. Harbor Gateway ADU rents currently range $2,300–$2,600/mo, with each additional unit delivering meaningful income and asset value growth. RENT UPSIDE: Current blended rent averages $1,740/mo per unit against market rents of approximately $2,300/mo. Rents governed by LA City RSO — currently 3% annually for 2026 — providing steady, compounding income growth as units turn. At stabilized market rents: pro forma gross income approximately $141,600/yr and pro forma NOI exceeding $99,500/yr, no ADUs required. MULTIPLE EXIT STRATEGIES: Hold as a stabilized combined portfolio. Develop ADUs to maximize NOI and asset value. Sell parcels individually once stabilized — each independently financeable. Phased development across two lots. PROPERTY CONDITION: Several units have received interior upgrades including bathroom remodels, kitchen improvements (new cabinetry and quartz countertops), subfloor plumbing, and new flooring throughout. Four of five tenants have occupied 10+ years — stable cash flow from day one. LOCATION: Direct 110 Fwy access. Minutes to the Port of LA, South Bay employment corridor, and Downtown Los Angeles. Short distance from Harbor-UCLA Medical Center — site of LA County's largest-ever healthcare capital project, a $1.7 billion replacement and expansion currently under construction.
PACKAGE SALE — Both properties must close concurrently. 1541 W 224th St, (MLS# PW26112441) must be purchased together with 1535 W 224th St (MLS# PW26108833). Do not disturb tenants. 5-unit, two-parcel value-add opportunity in Harbor Gateway. Two adjacent lots totaling 14,402 sq ft zoned LARD2, each on its own APN. 1541 W 224th St is a 3-unit triplex (6 BR / 3 BA, 2,558 sq ft); 1535 W 224th St is a 2-unit duplex (4 BR / 2 BA, 1,596 sq ft). Both built 1961, well-maintained. RESIDENTIAL FINANCING: Each parcel is priced independently under $1,000,000 and qualifies for conventional residential financing on its own APN — no commercial loan required. Lower down payment, better rates, and access to a significantly larger lender pool. ADU POTENTIAL: Combined 14,402 sq ft LARD2 zoning supports multiple additional dwelling units under CA state law. Harbor Gateway ADU rents currently range $2,300–$2,600/mo, with each additional unit delivering meaningful income and asset value growth. RENT UPSIDE: Current blended rent averages $1,740/mo per unit against market rents of approximately $2,300/mo. Rents governed by LA City RSO — currently 3% annually for 2026 — providing steady, compounding income growth as units turn. At stabilized market rents: pro forma gross income approximately $141,600/yr and pro forma NOI exceeding $99,500/yr, no ADUs required. MULTIPLE EXIT STRATEGIES: Hold as a stabilized combined portfolio. Develop ADUs to maximize NOI and asset value. Sell parcels individually once stabilized — each independently financeable. Phased development across two lots. PROPERTY CONDITION: Several units have received interior upgrades including bathroom remodels, kitchen improvements (new cabinetry and quartz countertops), subfloor plumbing, and new flooring throughout. Four of five tenants have occupied 10+ years — stable cash flow from day one. LOCATION: Direct 110 Fwy access. Minutes to the Port of LA, South Bay employment corridor, and Downtown Los Angeles. Short distance from Harbor-UCLA Medical Center — site of LA County's largest-ever healthcare capital project, a $1.7 billion replacement and expansion currently under construction.
Exceptional income property opportunity in a desirable Torrance residential neighborhood. Situated on a 10,147 sq ft lot with a total building size of 3,262 sq ft, the property consists of a front single-family residence(2730 Arlington Ave), a detached garage structure, and a rear duplex (2728 Arlington Ave #A & B), offering a versatile and functional multi-unit configuration. Each unit is equipped with its own washer and dryer and also features a private patio, enhancing livability and tenant appeal. In 2024, the front house roof was replaced to new. Located in a quiet, established neighborhood, the property is in close proximity to an elementary school and neighborhood park, making it attractive for long-term residential tenants. This is a rare opportunity to acquire a well-located income property with strong rental stability and future upside potential! Please do not disturb tenants.
This is a great opportunity for investors: Quadruplex with 4 units, 1555, 1555 1/2, 1557, 1557 1/2 W. 204th street. All 3-bedroom units total building size approximately 3,754 sqft. Front unit recently vacated and currently being updated with new laminate flooring and fresh paint, front unit is approximately 1,100 sqft and will be ready to rent soon after cleaning is completed. All stable tenant occupancy in the remaining units Originally built in 1944 as a duplex, with a second story later added per previous ownership, plumbing, electrical, and windows were upgraded during the addition in 2009. The building located in the Torrance rent control area (Los Angeles strip). Separated metered gas and electric for all units. Each unit has two (tandem) assigned parking spaces in the rear building.
Excellent 4-unit investment opportunity located in the highly desirable Torrance area, conveniently near shopping, dining, and top-rated schools. The units have been updated and remodeled, providing strong rental appeal and steady income potential. Great opportunity for investors seeking long-term appreciation with upside in future rents.
958 W 222nd St offers a compelling development opportunity in the West Carson/Torrance PO area, positioned on a deep 17,452 SF lot with existing 2-unit improvements and Specific Plan zoning. The property is offered at $1,200,000, or approximately $68.76/SF of land, pricing the site below local comparable land sales and giving developers an attractive basis to work through design, entitlement, and construction planning. While the full depth may not be efficiently developable all the way to the rear, that is already reflected in the price-per-foot. The rear portion can potentially be used for parking, circulation, open space, landscaping, or a communal resident amenity area, giving the site added utility beyond the main building envelope. The feasibility study identifies the site as Specific Plan West Carson R-4, with a density range of approximately 50–150 units per acre, translating to an estimated 19 to 57 units before final design, entitlement, parking, and site planning review. Development is noted as not restricted by FAR, with height limited to 4 stories / 50 feet. The surrounding area is also seeing meaningful investment, including a large development project immediately next door, supporting the long-term story for the location and future housing demand. Property currently consists of 2 units which will be delivered fully vacant at close of escrow which also provides a great land banking opportunity for an owner user. Current units are livable but are for a value-add investor as current condition would need updating and is not move in ready.
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.
