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5-Unit Apartment Building with Carports
For Sale
$1,699,000

1527 Torrance, Torrance, CA 90501

Five residences offer a mix of one- and two-bedroom layouts with on-site parking in Torrance.

Property Size3,986 SF
Days on Market9

Property Features for 1527 Torrance

General Information

Standard status Active
Size 3,986 SF
Total Parking Spaces 10
Property subtype Apartment

Units

Unit Mix 4 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 5

Building Details

Building Size 3,986 SF
Year Built 1925
Listing Agency: Nexteam Real Estate
Listed By: Joseph Lee · License #01812590
Source: Truthrealty
Added: Aug 25 Changed: Aug 31 Last Checked: Aug 31 at 9:35PM

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 Nexteam Real Estate

Investment Insights

Based on property information with market context.

Constructed in 1925, this five-unit apartment property includes four two-bedroom, one-bath residences and one one-bedroom, one-bath residence. The front unit is positioned separately, while the other four apartments are located above the parking area. The site provides 10 parking spaces, including five carport spaces.

The property is located near Downtown Torrance, with access to shopping, dining, and transportation. Nearby employment context includes American Honda’s Torrance operations, the redevelopment of the former Toyota campus, and South Bay employment centers.

Key Highlights

  • Five‑unit apartment property built in 1925
  • Unit mix includes four 2 bed/1 bath residences and one 1 bed/1 bath residence
  • 10 total parking spaces, including 5 carport spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Tattoo & Piercing Shop Daycare Center Carpet & Flooring Store

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,641
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?
Apartment building - Five residences offer a mix of one- and two-bedroom layouts with on-site parking in Torrance.
Where is this apartment building located?
The property is located at 1527 Torrance Torrance, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Five‑unit apartment property built in 1925; Unit mix includes four 2 bed/1 bath residences and one 1 bed/1 bath residence; 10 total parking spaces, including 5 carport spaces
More about this property
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