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11-Unit Apartment Building
New
For Sale
$2,075,000

1554 W Carson Street, Torrance, CA 90501

A recently installed roof and a varied unit mix add practical features to this residential property.

Property Size6,999 SF
Lot Size0.26 Acres
Price / SF$296.47
Days on Market6

Property Features for 1554 W Carson Street

General Information

Standard status Active
Size 6,999 SF
Total Parking Spaces 20
Lot size 0.26 Acres
Property subtype Residential Income
Zoning C2-1

Financials

Asking Price $2,075,000
Cap Rate 5.6%
Gross Rent Multiplier 10.9
Average Monthly Rent $1,437

Units

Unit Mix 8 x 1BR/1BA, 2 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 11
Parking per Unit 1.8
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Daniel Shieh · License #01978847
Source: Exprealty
Added: Oct 12 Changed: Oct 16 Last Checked: Oct 16 at 2:22PM

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 Lyon Stahl Investment Real Estate, Inc.

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Investment Insights

Based on property information with market context.

This apartment property contains 11 units across 6,999 square feet of building area on an 11,108-square-foot lot. The mix includes eight one-bedroom/one-bathroom apartments, two two-bedroom/one-bathroom apartments, and one three-bedroom/two-bathroom apartment. There are 20 parking spaces, and the roof was recently replaced. The property is not subject to the Los Angeles Rent Stabilization Ordinance.

Harbor-UCLA Medical Center is nearby, providing a connection to a major healthcare and employment center in the South Bay. The building may be acquired on its own or alongside neighboring apartment properties at 1562 and 1568 W Carson Street as part of a 41-unit offering.

Key Highlights

  • 11 apartments in 6,999 square feet of building area
  • 11,108‑square‑foot lot
  • Unit mix: eight 1‑bedroom/1‑bathroom, two 2‑bedroom/1‑bathroom, and one 3‑bedroom/2‑bathroom apartment

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Fish Market 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

11
Residential units

Location Intelligence

Trade Area within ½ mile

2,202
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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?
Apartment building - A recently installed roof and a varied unit mix add practical features to this residential property.
Where is this apartment building located?
The property is located at 1554 W Carson Street Torrance, CA.
What is the asking price?
The asking price for this property is $2,075,000.
What are key features of this property?
This property features: 11 apartments in 6,999 square feet of building area; 11,108‑square‑foot lot; Unit mix: eight 1‑bedroom/1‑bathroom, two 2‑bedroom/1‑bathroom, and one 3‑bedroom/2‑bathroom apartment
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