Technical
Financial
Distress signals
Property profile

23930 Ocean Ave Torrance, CA 90505

OFF-MARKET
Apartment buildings
Property ID
US09-6902988
137,403 SF 2.95 ac lot Built 1967
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1967
Construction WOOD
Total area 137,403 SF
Lot 2.95 ac (128,305 SF)
Zoning code TORR-MH
APN 7378-012-080
UPID US09-6902988

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • Pet Grooming Service
  • Advertising Agency Marketing & Advertising

Location

23930 Ocean Ave Torrance, CA 90505-5868
Torrance metro Census 651222 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.86M

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2018
Price N/A
2015
Price N/A
2003
Price N/A
2003
$156,000
2003
Price N/A
2003
$156,000

Zoning & alternative use

TORR-MH · Torrance, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 23930 Ocean Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message