1542 223rd, Torrance, CA 90501
Local realty services provided by:CENTURY 21 Masters
1542 223rd,Torrance, CA 90501
$1,100,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: lionel franklin
Office: keller williams realty irvine
MLS#:OC26139951
Source:MLSListings
Price summary
- Price:$1,100,000
About this home
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....
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Home facts
- Year built:1920
- Listing ID #:OC26139951
- Added:71 day(s) ago
- Updated:September 13, 2026 at 04:37 PM
Rooms and interior
- Kitchen Description:Dishwasher, Microwave
Heating and cooling
- Cooling:Central Air, Window/Wall Unit
- Heating:Central Forced Air, Wall Furnace
Structure and exterior
- Roof:Shingle
- Year built:1920
- Lot area:0.15 Acres
- Lot Features:Level, Mid Block, Paved
- Architectural Style:Contemporary, Ranch
- Exterior Features:Automatic Sprinkler(s)
- Levels:1 Story
Utilities
- Water:District - Public, Hot Water
Finances and disclosures
- Price:$1,100,000
Features and amenities
- Laundry features:Gas Hook-up
- Amenities:Ceiling Fan(s), High Ceiling
Parking
- Parking description:Drive Through, Gate / Door Opener, Off Street Parking, Other, RV Access
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