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Triplex With Attached Garages
New
For Sale
$1,599,000

2420 Gramercy Ave, Torrance, CA 90501

Three residential units include laundry facilities, with townhouse-style layouts in two of the homes.

Property Size3,340 SF
Days on Market3

Property Features for 2420 Gramercy Ave

General Information

Standard status Active
Size 3,340 SF
Property subtype Investment

Units

Unit Mix 1 x 2BR/1BA, 2 x 3BR/2BA
Multifamily Units 3

Additional Details

Public Transit Yes

Amenities

hardwood floors
central A/C and forced-air heating
interior laundry hookups/facilities

Building Details

Building Size 3,340 SF
Year Built 1974
Stories 2
Units 3
Listed By: Christopher Plank
Source: Elliman
Added: Sep 5 Last Checked: Sep 6 at 11:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Christopher Plank

Investment Insights

Based on property information with market context.

Built in 1974, this triplex includes one two-bedroom, one-bathroom residence and two multi-level townhouse-style homes with three bedrooms and two bathrooms each. The two larger units feature central A/C, forced-air heating, expansive primary suites, and private attached 2-car garages. Hardwood flooring is featured in the two-bedroom unit, while all three residences provide interior laundry hookups or facilities.

The property sits on a quiet cul-de-sac in historic Old Torrance. A former 1-car garage with a bathroom is currently used for storage and offers additional flexible space. The location also records a Walk Score of 79, a Bike Score of 63, and a Transit Score of 36.

Key Highlights

  • Triplex configuration with one 2‑bedroom unit and two 3‑bedroom units
  • Two multi‑level townhouse‑style residences with 2 bathrooms each
  • Private attached 2‑car garages serve Units B and C

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Food Market Daycare Center Butcher Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,759
Businesses Nearby

Demographics for 90501, CA

43,990
Population
15,867
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
7,718
Density / Sq Mi
$92,815
Median Household Income
$43,526
Median Earnings
$1,868
Median Rent
$887,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units include laundry facilities, with townhouse-style layouts in two of the homes.
Where is this triplex located?
The property is located at 2420 Gramercy Ave Torrance, CA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Triplex configuration with one 2‑bedroom unit and two 3‑bedroom units; Two multi‑level townhouse‑style residences with 2 bathrooms each; Private attached 2‑car garages serve Units B and C
More about this property
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