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11-Unit Apartment Building
For Sale
$2,025,000

1562 W Carson Street, Torrance, CA 90501

The unit mix ranges from one-bedroom apartments to a three-bedroom, two-bathroom residence.

Property Size6,999 SF
Lot Size0.26 Acres
Price / SF$289.33
Days on Market11

Property Features for 1562 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 LAC2

Financials

Asking Price $2,025,000
Cap Rate 4.7%
Gross Rent Multiplier 11.5
Average Monthly Rent $1,333

Units

Unit Mix 8 x 1BR/1BA, 2 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 11
Parking per Unit 1.8

Building Details

Building Size 6,999 SF
Year Built 1978
Buildings 1
Stories 2
Units 11
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Daniel Shieh · License #01978847
Source: Carealestatecenter
Added: Oct 12 Changed: Oct 22 Last Checked: Oct 22 at 2:14PM

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.

Built in 1978, this 11-unit apartment property contains 6,999 square feet of building area on an 11,109-square-foot lot. Its apartments comprise eight one-bedroom, one-bathroom units, two two-bedroom, one-bathroom units, and one three-bedroom, two-bathroom unit. The site also includes 20 parking spaces.

Harbor-UCLA Medical Center is identified as a nearby medical and employment center. The property is presented as an individual offering, with the option to acquire it alongside neighboring apartment buildings as part of a larger portfolio.

Key Highlights

  • 11 apartments: eight one‑bedroom/one‑bathroom, two two‑bedroom/one‑bathroom, and one three‑bedroom/two‑bathroom
  • 6,999 square feet of building area
  • 11,109‑square‑foot lot

Property Analytics

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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 - The unit mix ranges from one-bedroom apartments to a three-bedroom, two-bathroom residence.
Where is this apartment building located?
The property is located at 1562 W Carson Street Torrance, CA.
What is the asking price?
The asking price for this property is $2,025,000.
What are key features of this property?
This property features: 11 apartments: eight one‑bedroom/one‑bathroom, two two‑bedroom/one‑bathroom, and one three‑bedroom/two‑bathroom; 6,999 square feet of building area; 11,109‑square‑foot lot
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