Torrance CA Multi Family for Sale
$2,480,000
20520 Western Avenue Torrance, CA 90501
- Type:
- Fourplex
- Sq.Ft.:
- 5,530
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 2017
- Baths:
- MLS#:
- PV24227444
ADDITIONAL INFORMATION
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.
$1,199,000
2072 Santa Fe Avenue Torrance, CA 90501
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.15 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- CRCV24221557
View additional info
Courtesy: THE IVRI GROUP, INC.
ADDITIONAL INFORMATION
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!
$2,000,000
1636 219th Street Torrance, CA 90501
- Type:
- Apartment
- Sq.Ft.:
- 5,019
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.25 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- PW24103753
ADDITIONAL INFORMATION
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
$1,000,000
22602 Denker Avenue Torrance, CA 90501
- Type:
- Triplex
- Sq.Ft.:
- 2,566
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1957
- Baths:
- MLS#:
- OC24218058
ADDITIONAL INFORMATION
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.
$1,800,000
1612 226th Street Torrance, CA 90501
- Type:
- Fourplex
- Sq.Ft.:
- 3,124
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1948
- Baths:
- MLS#:
- OC24192375
ADDITIONAL INFORMATION
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.
$1,750,000
2016 Plaza Del Amo Torrance, CA 90501
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.15 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- CRSB24192830
View additional info
Courtesy: Imperial Real Estate
ADDITIONAL INFORMATION
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, a
$990,000
1617 224th Street Torrance, CA 90501
- Type:
- Cluster
- Sq.Ft.:
- 2,014
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.17 Acres
- Year built:
- 1948
- Baths:
- 3.00
- MLS#:
- 24393805
ADDITIONAL INFORMATION
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 .
$1,990,000
1522 W 222nd Street Torrance, CA 90501
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.17 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- CRDW24065135
View additional info
Courtesy: Excellence RE Real Estate
ADDITIONAL INFORMATION
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 Real Estate
The median home value in Torrance, CA is $1,038,700. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Torrance, CA is $1,038,700. Approximately 51.47% of Torrance homes are owned, compared to 41.84% rented, while 6.69% are vacant. Torrance real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Torrance real estate agent to arrange a tour today!
Torrance, California 90501 has a population of 147,156. Torrance 90501 is more family-centric than the surrounding county with 36.57% 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 90501 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 90501 is 42.2 years.
Torrance Weather
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.