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9-Unit Apartment Property
For Sale
Contact for pricing
Pending

5235 Lorna St, Torrance, CA 90503

Nine residential units include eight one-bedroom residences and one two-bedroom residence.

Property SizeContact for details
Days on Market141

Property Features for 5235 Lorna St

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 8 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 9
Listing Agency: Brett O'Keefe
Listed By: Brett O'Keefe · License #CA DRE # 01294635
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 8:57PM

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 Brett O'Keefe

Investment Insights

Based on property information with market context.

This West Torrance apartment property contains 9 units, with a residential mix of eight one-bedroom, one-bath units and one two-bedroom, one-bath unit. The configuration provides a defined blend of smaller and larger floor plans within one multifamily asset.

The property is immediately adjacent to Providence Little Company of Mary Medical Center and situated near the Beach Cities, King Harbor Marina, and local medical employers. These nearby destinations and employment centers provide established surrounding context for the property.

The offering is identified as a potential 1031 exchange property, and the source information notes upside in rents.

Key Highlights

  • 9 total units
  • Unit mix includes eight 1‑bed/1‑bath units and one 2‑bed/1‑bath unit
  • Immediately adjacent to Providence Little Company of Mary Medical Center

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Parking Lot & Garage Law Firm Food Market Grocery & Convenience Store Bakery Furniture & Home Goods

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

1,498
Businesses Nearby

Demographics for 90503, CA

45,386
Population
18,189
Households
2.5
Avg Household Size
42
Median Age
55%
College-Educated
96%
High-School Grad
5.3 sq mi
ZIP Area
8,563
Density / Sq Mi
$119,685
Median Household Income
$71,848
Median Earnings
$2,249
Median Rent
$1,058,100
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 - Nine residential units include eight one-bedroom residences and one two-bedroom residence.
Where is this apartment building located?
The property is located at 5235 Lorna St Torrance, CA.
What are key features of this property?
This property features: 9 total units; Unit mix includes eight 1‑bed/1‑bath units and one 2‑bed/1‑bath unit; Immediately adjacent to Providence Little Company of Mary Medical Center
More about this property
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