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36-Unit Apartment Community Opportunity
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23135 Madison St, Torrance, CA 90505

Well-maintained 36-unit multifamily property with an 18/18 1- and 2-bedroom mix, each featuring a large patio or balcony.

Property SizeContact for details
Days on Market134

Property Features for 23135 Madison St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 36

Building Details

Tenancy Multi
Listing Agency: Lyon Stahl Investment Real Estate
Listed By: Nancy Bush · License #CA 00962565
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 4:16AM

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

Investment Insights

Based on property information with market context.

Madison Park Apartments is a well-maintained 36-unit multifamily community offering an 18-unit mix of 1 bedroom, 1 bath residences and 18-unit 2 bedroom, 1.75 bath residences. Each unit is described as having a large patio or balcony, supporting flexible layouts for a variety of household needs.

The property is located in South Torrance’s Southwood Riviera neighborhood, with walking access to parks, recreation centers, Madrona Marsh Nature Preserve, and neighborhood schools. A short drive provides access to the Pacific Ocean and Riviera Village, as well as the Del Amo Shopping Center and Wilson Park. Madison Park Apartments is also near Hawthorne Boulevard and Pacific Coast Highway, with close access to Interstate 405, 110, and 91.

The offering is positioned as an investor or renovation opportunity, with the unit mix and exterior living space intended to support value-add enhancements.

Key Highlights

  • 36‑unit multifamily community with a desirable 18/18 unit mix of 1BD/1BA and 2BD/1.75BA homes
  • All units feature a large patio or balcony
  • Well‑maintained multifamily property

Property Analytics

Current Use

Madison Park Apartments Apartment Complex D7Entertainment Event Planning

Suggested Use

Top Pick Parking Lot & Garage Barber Shop HVAC Service Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) 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

36
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,860
Businesses Nearby

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

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 - Well-maintained 36-unit multifamily property with an 18/18 1- and 2-bedroom mix, each featuring a large patio or balcony.
Where is this apartment building located?
The property is located at 23135 Madison St Torrance, CA.
What are key features of this property?
This property features: 36‑unit multifamily community with a desirable 18/18 unit mix of 1BD/1BA and 2BD/1.75BA homes; All units feature a large patio or balcony; Well‑maintained multifamily property
More about this property
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