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1414 W 225th Street, Torrance
$3,150,000
SB26205096 MLS ⋅ Active Status
Large 12-unit multifamily property totaling 11,980 SQFT, featuring two buildings, 12 assigned carport spaces, two community laundry rooms, and secure gated entry. All 12 units offer spacious 3-bedroom, 1.5-bath floor plans averaging nearly 1,000 SQFT each. The additional half-bath in every unit is a unique and highly desirable feature for tenants. Priced at an attractive 9.6 GRM and 6.1% cap rate, the property offers strong in-place income with significant built-in upside. An estimated 59% upside in rents brings the property to a projected 6.0 GRM and 11.5% cap rate at market rents. The property has 14 separate gas and electric meters, with additional potential to reduce utility expenses by implementing RUBS for water, sewer, and trash (buyer to verify). The property is well maintained, with a new roof (2021), fresh exterior paint (2026), several renovated units, and a completed SB 721 balcony inspection. Strategically located in the Harbor Gateway area of Torrance, across from Normandie Recreation Center. Property is subject to Los Angeles RSO.

1414 W 225th Street, Torrance

1527 Torrance, Torrance
$1,699,000
PW26185960 MLS ⋅ Active Status
Excellent investment opportunity near Downtown Torrance! This Five unit apartment property offers a desirable unit mix consisting of a 2 bed/1 bath front residence, three additional 2 bed/1 bath units, and one 1 bed/1 bath unit. The rear four units are situated above the carport/parking area, providing an efficient use of the property and ample on site parking with 10 total spaces, including 5 carport spaces. Conveniently located near Downtown Torrance with easy access to shopping, dining, transportation, American Honda's Torrance operations, the redevelopment of the former Toyota campus, and numerous South Bay employment centers. A great opportunity for an investor looking to add a well located multifamily property to their portfolio.

1527 Torrance, Torrance

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.