23209 Arlington Avenue, Torrance, CA 90501
Local realty services provided by:CENTURY 21 Cornerstone
23209 Arlington Avenue,Torrance, CA 90501
$1,899,000
- - Beds
- - Baths
- 4,468 sq. ft.
- Multi-family
- Active
Listed by: edward kaminsky
Office: exp realty of california, inc310-798-1277
MLS#:SB26149936
Source:CRMLS
Price summary
- Price:$1,899,000
- Price per sq. ft.:$425.02
About this home
Some investment opportunities look good on paper. Others deliver the kind of long-term value that's increasingly difficult to find. This well-maintained four-unit property offers both, with fantastic tenants already in place and a CAP rate of just over 5%, making it an exceptional addition to any real estate portfolio.
Each residence has been thoughtfully remodeled and features granite countertops, high-quality laminate flooring, ceiling fans, in-unit laundry, and dual-pane eco-coated vinyl windows designed to help reduce heat and glare. The unit mix provides broad rental appeal, with two spacious townhome-style units offering private fenced yards, powder rooms, and upstairs bedrooms, while one also features decks off both bedrooms. Another unit includes a versatile bonus office or potential third bedroom with an attached bathroom, and the fourth offers the comfort of a mini-split A/C system along with inviting deck space off both the living area and one bedroom.
The care invested in this property extends far beyond cosmetic updates. Both sections of the roof have been replaced within the past three years, all four water heaters have been updated within the last four years, recent drain clean-out improvements add peace of mind, and the refreshed landscaping creates an attractive setting for both residents and visitors alike.
For investors seeking immediate income with confidence in the property's condition, this is a standout opportunity. Looking to think even bigger? The neighboring single-family home at 23213 Arlington is also available for purchase, offering the rare chance to acquire two adjacent income-producing properties together or separately. Whether you're expanding an established portfolio or making your next strategic acquisition, opportunities like this don't come along often....
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Home facts
- Year built:1964
- Listing ID #:SB26149936
- Added:12 day(s) ago
- Updated:July 24, 2026 at 10:32 AM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Gas Cooktop, Gas Oven, Gas Range, Refrigerator
- Living area:4,468 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1964
- Building area:4,468 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Back Yard, Garden, Landscaped, Lawn, Yard
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,899,000
- Price per sq. ft.:$425.02
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Inside, Washer
- Amenities:Ceiling Fans, Granite Counters, Walk In Closets
Parking
- Total parking spaces:5
- Parking description:Assigned, Door-Single, Driveway, Garage
- Garage:Yes
- Garage spaces:3
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