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2363 Torrance Blvd Torrance, CA 90501

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For Sale
$1,750,000

Meticulously maintained 5-unit property in the heart of Old Torrance.

Lot size:
0.14 Acres

Property Features for 2363 Torrance Blvd

General Information

Property type
Investment
Standard status
Active
Lot size
0.14 Acres

Building Details

Year built
1944

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Listing Contact
Martha Alonso
Martha Alonso
Source: Elliman

Listing Agency: Estate Properties Listing Agent: Martha Alonso

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Charming 5-Unit Multifamily Collection

This meticulously maintained 5-unit investment collection is located in the heart of Old Torrance. Delivered vacant and ready for full-market rents, this property offers instant cash flow and long-term upside. Each residence lives like its own private home with no common walls or shared driveways, and true street-to-alley access. Two units have backdoors off the kitchen. All units have iron screen doors. The unit mix includes one 2-bedroom, 1-bathroom unit at approximately 1,002 square feet, and four 1-bedroom, 1-bathroom apartments at approximately 662 square feet each. Each unit features a living room, bedroom, dining room, full bath, kitchen with stove and refrigerator, and dedicated water heater. The property includes four garages with alley access, plus ample street parking. On-site coin laundry provides additional income. Front and in-between spaces, as well as garage conversion opportunities, offer ADU potential to maximize rental income and long-term appreciation. The property is located minutes from Downtown Old Torrance shops and restaurants, Wilson Park amenities, Del Amo Fashion Center, Torrance High School, and major employers including American Honda Motor and Providence Little Company of Mary Medical Center. It offers easy access to the 405 or 110 freeways and is just minutes to Redondo Beach, supporting strong, consistent rental demand along with the near finish Metro K Rail line nearby.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Torrance
County
Los Angeles
State
California
Longitude
-118.3256117
Latitude
33.836606

FAQs

What type of property is this?
Apartment building - Meticulously maintained 5-unit property in the heart of Old Torrance.
Where is this apartment building located?
The property is located at 2363 Torrance Blvd Torrance, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: - Delivered VACANT, ready for full-market rents and immediate cash flow.; - Rare 5-unit collection offering private living spaces with no shared walls or driveways.; - Prime Old Torrance location near shops, restaurants, parks, and major employers.
More about this property
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