19-Unit Multifamily
For Sale
$3,400,000
1568 W Carson Street, Torrance, CA 90501
The apartment property combines a varied unit mix with on-site laundry income and 29 parking spaces.
Property Size13,716 SF
Lot Size0.25 Acres
Price / SF$247.89
Days on Market11
Property Features for 1568 W Carson Street
General Information
Standard status
Active
Size
13,716 SF
Total Parking Spaces
29
Lot size
0.25 Acres
Property subtype
Residential Income
Zoning
LAC2
Financials
Asking Price
$3,400,000
Cap Rate
5.3%
Gross Rent Multiplier
10.6
Average Monthly Rent
$1,391
Units
Unit Mix
15 x 1BR/1BA, 4 x 2BR/2BA
Multifamily Units
19
Amenities
on-site laundry
Building Details
Building Size
13,716 SF
Year Built
1986
Buildings
1
Stories
2
Units
19
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
Listed By:
Daniel Shieh · License #01978847
(310) 439-9897
Source:
Carealestatecenter
Added: Oct 12
Changed: Oct 22
Last Checked: Oct 22 at 2:41PM
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 1986, this 19-unit apartment property contains 13,716 square feet on an 11,021-square-foot lot. The mix includes 15 one-bedroom, one-bathroom apartments and four two-bedroom, two-bathroom apartments. Residents have access to 29 parking spaces, and an on-site laundry facility contributes additional income. The property is not subject to the Los Angeles Rent Stabilization Ordinance.
At 1568 W Carson Street in Torrance, the property is near Harbor-UCLA Medical Center. It may be acquired on its own or with the adjacent apartment properties at 1554 and 1562 W Carson Street; together, the three buildings comprise a contiguous 41-unit offering.
At 1568 W Carson Street in Torrance, the property is near Harbor-UCLA Medical Center. It may be acquired on its own or with the adjacent apartment properties at 1554 and 1562 W Carson Street; together, the three buildings comprise a contiguous 41-unit offering.
Key Highlights
- 19 apartments: 15 one‑bedroom/one‑bathroom units and four two‑bedroom/two‑bathroom units
- 13,716 square feet of building area on an 11,021‑square‑foot lot
- 29 parking spaces
Property Analytics
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Lease Details
19
Residential units
Location Intelligence
Trade Area within ½ mile
2,202
Businesses Nearby
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Business Placement
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
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Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The apartment property combines a varied unit mix with on-site laundry income and 29 parking spaces.
Where is this apartment building located?
The property is located at 1568 W Carson Street Torrance, CA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 19 apartments: 15 one‑bedroom/one‑bathroom units and four two‑bedroom/two‑bathroom units; 13,716 square feet of building area on an 11,021‑square‑foot lot; 29 parking spaces
