Prime 11-Unit Investment Opportunity in West Torrance
Located in the highly desirable West Torrance neighborhood, this 11-unit multifamily property offers a rare opportunity to acquire a well-positioned asset in one of the South Bay’s most stable rental markets. Situated on a corner lot totaling over 14,000 sq ft, the property features… Read More a two-story layout with excellent accessibility and tenant appeal.
The unit mix consists of spacious 1 and 2-bedroom units, providing strong rental demand and flexibility. Each unit is equipped with vinyl flooring, gas stoves and ovens, and wall furnace heating, with separately metered gas and electricity for tenant convenience and reduced owner expenses.
Tenants benefit from assigned parking with 11 garage spaces, community laundry (owner-owned for additional income potential), and a well-maintained layout with minimal interior steps. The property is located in a quiet residential setting with sidewalks, curbs, and street lighting, enhancing long-term tenant desirability.
From an investment perspective, the asset presents significant upside potential, with current rents below market and a strong pro forma income trajectory. The property currently generates solid income with low operating expenses (~$42K annually), contributing to an attractive expense ratio and long-term cash flow opportunity.
Conveniently located near Torrance Blvd and major retail, dining, and employment centers, this property benefits from strong rental demand driven by its central South Bay location.
This is an ideal opportunity for investors seeking stable income, operational efficiency, and long-term appreciation in a high-demand coastal-adjacent market. Read Less
Property listed by Fredericks Realty, Derf Fredericks 310-259-7556
Listing Snapshot
Days Online
1
Last Updated
Property Type
Apartment
Lot Size
0.32 Acres
Year Built
1960
MLS Number
SB26098719
Additional Details
Appliances & Equipment
GasCooktop, GasOven
Building
Built in 1960, 1 building, 1 storey, Levels: Two, Entry level: 1, Entry location: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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