23
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$1,450,000
Est. payment /mo
7,514 Sqft Lot
Contingent
1601 Torrance Torrance, CA 90501
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRSB25249286
Year Built 1963
Lot Size 7,514 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Prime 4-Plex Investment in Torrance! Welcome to 1601 Torrance Blvd, a well-maintained four-unit property in a convenient central Torrance location near Old Town Torrance, public transportation, and freeway access. Each spacious unit features 3 bedrooms and 2 baths with approximately 1,339 sq. ft. of living space, including a primary bedroom suite, an in-unit laundry room, and two parking spaces (one garage + one driveway). Recent upgrades include: full copper re-pipe (2022), new roof (2025), electrical panel upgrade (2025), fresh exterior paint (2025), and updated tile and vinyl plank flooring in several units. This is a great opportunity for both investors and owner-occupants-live in one unit and rent out the others! Property is subject to Los Angeles Rent Stabilization Ordinance (RSO). Potential market CAP rate of 6.80% and market GRM of 9.81. Enjoy proximity to shopping, dining, and entertainment in charming Old Town Torrance. Close also to public transportation and freeway. Residential financing options available and strong rental demand in this desirable South Bay location.
Location
State CA
County Los Angeles
Area 122 - Harbor Gateway
Rooms
Kitchen Oven Range - Gas
Interior
Heating Wall Furnace
Cooling None
Laundry Gas Hookup, In Laundry Room, 30
Exterior
Parking Features Assigned Spaces, Garage, Other
Garage Spaces 4.0
Pool None
View Local/Neighborhood
Roof Type 2,Shingle,Composition
Building
Foundation Concrete Slab
Water District - Public
Others
Tax ID 7349002015
Special Listing Condition Not Applicable , Accepting Backups
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