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Duplex with Private Yard Space

1017 Torrance, Torrance, CA 90502

For Sale
$879,000

Torrance, CA

Property Size1,782 SF
Lot Size0.14 Acres
Price / SF$493.27
Days on Market12

Property Features for 1017 Torrance

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Laundry Room, Bedroom 4, Bathroom 2, Bedroom 1
Lot features 0-1 Unit/ Acre
Elementary school district Torrance Unified
Middle school district Torrance Unified
High school district Torrance Unified
Directions From the 110 head West on Torrance. Property is on the right.
Subdivision 122 - Harbor Gateway
Standard status Active
APN 7350005025
Size 1,782 SF
Lot size 0.14 Acres

Additional Details

Individually Metered Utilities all utilities

Utilities

Sewer type Public Sewer
Water source Public

Amenities

private outdoor yard space

Building Details

Year built 1952
Floors in Building 1
Number of units 2
Listing Agency: Nestegg Inc.
Listed By: Emmanuel Ramos · License CA #01826507
Added: Nov 3 Changed: Nov 13 Last Checked: Nov 14 at 12:06AM
MLS# PW26243493

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 1,782-square-foot duplex on a 0.1415-acre lot contains two residences. The front home has two bedrooms, a loft, and two bathrooms with standing showers. The rear residence, built in 2016, offers two bedrooms and two bathrooms. Each unit has wall-furnace heating, a private yard, and parking for up to four cars. Separate utility meters serve each residence. The front unit’s roof was replaced in 2024, and both homes have been updated.

The property is in Torrance, with access to the 110 and 405 freeways. It is subject to AB 1482 and not local rent control.

Key Highlights

  • Two residences totaling 1,782 square feet on a 0.1415‑acre lot
  • Front unit has 2 bedrooms, a loft, and 2 bathrooms
  • Rear unit was built in 2016 and has 2 bedrooms and 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,120
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,400 $622.4K
Cap Rate 7%
$444,571 $444.6K
Cap Rate 9%
$345,778 $345.8K
Market Conditions
NOI Build-Up for 1,782 SF
Gross rent
$48.1K $27.00/SF
− Vacancy
−$3.7K −$2.05/SF
EGI
$44.5K $24.95/SF
− OpEx
−$13.3K −$7.48/SF
NOI
$31.1K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,400
Cap Rate 7%
$444,571
Cap Rate 9%
$345,778

Alternative Uses

Best Use
Multifamily LT 5
$444.6K
$389.0K – $518.7K (±1% cap)
NOI $31,120 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$409.6K
$358.4K – $477.9K (±1% cap)
NOI $28,674 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$727.1K
$636.2K – $848.2K (±1% cap)
NOI $50,894 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

562
Businesses Nearby

Demographics for 90502, CA

18,977
Population
6,899
Households
2.8
Avg Household Size
44
Median Age
37%
College-Educated
86%
High-School Grad
2.2 sq mi
ZIP Area
8,626
Density / Sq Mi
$98,867
Median Household Income
$46,382
Median Earnings
$1,903
Median Rent
$655,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Duplexes in Torrance

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have separate utility meters, individual parking, and their own outdoor areas.
Where is this duplex located?
The property is located at 1017 Torrance Torrance, CA.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: Two residences totaling 1,782 square feet on a 0.1415‑acre lot; Front unit has 2 bedrooms, a loft, and 2 bathrooms; Rear unit was built in 2016 and has 2 bedrooms and 2 bathrooms
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