5326 Lorna Street, Torrance, CA 90503
Local realty services provided by:CENTURY 21 Adams & Barnes
5326 Lorna Street,Torrance, CA 90503
$3,990,000
- - Beds
- - Baths
- 7,820 sq. ft.
- Multi-family
- Active
Listed by: derf fredericks, danny fredericks
Office: fredericks realty310-792-0907
MLS#:SB26098719
Source:CRMLS
Price summary
- Price:$3,990,000
- Price per sq. ft.:$510.23
About this home
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 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....
Contact an agent
Home facts
- Year built:1960
- Listing ID #:SB26098719
- Added:1 day(s) ago
- Updated:May 07, 2026 at 12:29 AM
Rooms and interior
- Flooring:Vinyl
- Kitchen Description:Gas Cooktop, Gas Oven
- Living area:7,820 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1960
- Building area:7,820 sq. ft.
- Lot area:0.32 Acres
- Lot Features:Corner Lot, Cul De Sac
- Levels:2 Story
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,990,000
- Price per sq. ft.:$510.23
- Tax amount:$6,952 (2025)
Features and amenities
- Amenities:Storage
Parking
- Total parking spaces:11
- Parking description:Assigned, Community Structure, Garage, Garage Door Opener
- Garage:Yes
- Garage spaces:11
New listings near 5326 Lorna Street
- New
$1,795,000Active8 beds 4 baths3,750 sq. ft.1570 W 207th Street #4, Torrance, CA 90501
MLS# 26829629Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - Open Sat, 1 to 4pmNew
$799,000Active4 beds 2 baths1,764 sq. ft.16718 Cerise Avenue, Torrance, CA 90504
MLS# SB26098796Listed by: ESTATE PROPERTIES - Open Thu, 12 to 2pmNew
$1,850,000Active3 beds 2 baths1,738 sq. ft.5225 Zakon Road, Torrance, CA 90505
MLS# PV26092572Listed by: COMPASS - Open Sat, 1 to 4pmNew
$1,799,000Active3 beds 2 baths1,848 sq. ft.21421 Howard Avenue, Torrance, CA 90503
MLS# SB26096961Listed by: COMPASS - Coming SoonOpen Thu, 12 to 2pm
$650,000Coming Soon2 beds 1 baths2226 Arlington Avenue, Torrance, CA 90501
MLS# SB26095016Listed by: EXP REALTY OF CALIFORNIA INC - New
$1,699,000Active2 beds 1 baths1,021 sq. ft.135 Calle De Andalucia, Redondo Beach, CA 90277
MLS# SB26097586Listed by: JENSEN REALTY - New
$1,380,000Active4 beds 2 baths1,756 sq. ft.24241 Madison, Torrance, CA 90505
MLS# SB26098242Listed by: THE REALESTATE GROUP - Open Sat, 12 to 5pmNew
$899,000Active3 beds 2 baths1,290 sq. ft.23232 Doble, Torrance, CA 90502
MLS# PW26097021Listed by: THINK BOUTIQ REAL ESTATE - Coming SoonOpen Thu, 12 to 2pm
$625,000Coming Soon2 beds 2 baths2224 Arlington Avenue, Torrance, CA 90501
MLS# SB26095015Listed by: EXP REALTY OF CALIFORNIA INC