1542 W 223rd, Torrance, CA 90501
1542 W 223rd, Torrance, CA 90501
1542 W 223rd, Torrance, CA 90501
1542 W 223rd, Torrance, CA 90501
1542 W 223rd, Torrance, CA 90501
1542 W 223rd, Torrance, CA 90501
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Woody Henderson

Woody Henderson

+1(619) 850-5432
$ 1,100,000
Est. payment | /mo

3 Beds

3 Baths

6,681 Sqft Lot

Save
$ 1,100,000
Est. payment | /mo
Save

3 Beds

3 Baths

6,681 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26139951

Bedrooms 3

Lot Size 6,681 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Welcome to 1542 W 223rd Street, a rare 3-unit South Bay opportunity offering current income, flexible living options, and long-term upside in the heart of Torrance. Situated on an approximately 6,681 square foot lot, the property includes three separate living spaces: a front 2-bedroom, 1-bath residence, a middle 1-bedroom, 1-bath ADU, and a rear studio with 1 bathroom. Together, the property generates $6,800 per month and $81,600 in annual gross income, with all tenants currently month-to-month and current on rent. The front house is rented for $2,750 per month, the middle ADU is rented for $2,350 per month, and the rear studio is rented for $1,700 per month. With separate entrances, updated interiors, brand new split A/C units in all three spaces, and laundry inside the front and middle units, this property offers immediate income with room to grow. The layout creates multiple possibilities for investors, owner-users, extended families, and buyers seeking flexibility. Continue leasing all three units, live in one and rent the others, create a multigenerational setup, or explore future options to improve, expand, or reposition the property. The rear unit is noted as a legal game/bonus room, and ownership has explored SB-9 possibilities, adding another layer of long-term upside. The opportunity becomes even more compelling with neighboring 1546 W 223rd Street also available, creating a rare chance to acquire side-by-side parcels in Torrance for scale, future planning, portfolio growth, or a larger South Bay footprint. Located just north of Sepulveda Boulevard with convenien

Location

State CA

County Los Angeles

Zoning Public Rec

Direction From Western Ave, head west on W 223rd St. The property will be located on your right.

Interior

Heating Forced Air Unit

Cooling Central Forced Air, Wall/Window, Zoned Area(s)

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 7347002008

Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, Land Contract, VA

Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, Land Contract, VA

MLS Router / San Diego MLS
Listed by Lionel Franklin, DRE#01730363 Keller Williams Realty Irvine 
Nearby Locations
Woody Henderson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 850-5432

woody@woodyhenderson.com

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1542 W 223rd