Four-Unit Quadplex with Private
22904 Maple Avenue, Torrance, CA 90505
For Sale
New
$2,075,000
Unit mix includes townhome-style layouts, in-unit laundry hookups, and private outdoor areas.
Property Size4,938 SF
Days on Market3
Property Features for 22904 Maple Avenue
General Information
Standard status
Size
Net Rentable
Property subtype
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Amenities
in-unit washer and dryer hookups
private fenced patios
private balcony
Building Details
Building Size
Year Built
Listing Agency:
Vanguard Property Group
Listed By:
Ed Diaz · License CA #01022469
Source:
Velocityrealtysd
Added: Nov 8
Changed: Nov 10
Last Checked: Nov 10 at 2:17PM
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 Vanguard Property Group
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Investment Insights
Based on property information with market context.
Built in 1968, this four-unit residential property contains nearly 5,000 rentable square feet. The unit mix comprises one three-bedroom, two-bath townhome-style residence, two two-bedroom, one-and-a-half-bath townhome-style residences, and one two-bedroom, two-bath walk-up. Each unit has washer and dryer hookups. The three townhome units have fenced patios, while the walk-up has a private balcony.
Separate electric meters serve the units, and upgraded electric subpanels were installed in 2025. The property also uses a Ratio Utility Billing System (RUBS). Garage parking is available. The property is in Torrance, adjacent to the New Horizons South Bay subdivision.
Separate electric meters serve the units, and upgraded electric subpanels were installed in 2025. The property also uses a Ratio Utility Billing System (RUBS). Garage parking is available. The property is in Torrance, adjacent to the New Horizons South Bay subdivision.
Key Highlights
- Four units totaling nearly 5,000 rentable square feet
- Unit mix: one 3‑bedroom/2‑bath, two 2‑bedroom/1.5‑bath, and one 2‑bedroom/2‑bath
- Three townhome units have private fenced patios; the walk‑up has a private balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,235
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,724,700
$1.7M
Cap Rate 7%
$1,231,929
$1.2M
Cap Rate 9%
$958,167
$958.2K
Market Conditions
NOI Build-Up for 4,938 SF
Gross rent
$133.3K $27.00/SF
− Vacancy
−$10.1K −$2.05/SF
EGI
$123.2K $24.95/SF
− OpEx
−$37.0K −$7.48/SF
NOI
$86.2K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,724,700
Cap Rate 7%
$1,231,929
Cap Rate 9%
$958,167
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.08M – $1.44M
NOI $86,235 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$1.14M
$993.2K – $1.32M
NOI $79,456 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $141,029 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
3,349
Businesses Nearby
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Business Placement
Demographics for 90505, CA
36,643
Population
15,202
Households
2.4
Avg Household Size
45
Median Age
59%
College-Educated
97%
High-School Grad
5.9 sq mi
ZIP Area
6,211
Density / Sq Mi
$110,690
Median Household Income
$70,100
Median Earnings
$2,338
Median Rent
$1,144,000
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles County, CA
Properties on Market for Quadplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Unit mix includes townhome-style layouts, in-unit laundry hookups, and private outdoor areas.
Where is this quadplex located?
The property is located at 22904 Maple Avenue 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: Four units totaling nearly 5,000 rentable square feet; Unit mix: one 3‑bedroom/2‑bath, two 2‑bedroom/1.5‑bath, and one 2‑bedroom/2‑bath; Three townhome units have private fenced patios; the walk‑up has a private balcony
