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Listed by Jim Porter • Porter Heritage
$ 1,450,000
Est. payment | /mo
5,356 SqFt
$ 1,450,000
Est. payment | /mo
5,356 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 5,356 sqft
Price per Sqft $270
MLS Listing ID CRSB25249286
HOA Y/N No
Year Built 1963
Lot Size 7,514 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
Prime 4-Plex Investment in Torrance! Welcome to 1601 Torrance Blvd, a well-maintained four-unit property in a convenient central Torrance location near Old Town Torrance, public transportation, and freeway access. Each spacious unit features 3 bedrooms and 2 baths with approximately 1,339 sq. ft. of living space, including a primary bedroom suite, an in-unit laundry room, and two parking spaces (one garage + one driveway). Recent upgrades include: full copper re-pipe (2022), new roof (2025), electrical panel upgrade (2025), fresh exterior paint (2025), and updated tile and vinyl plank flooring in several units. This is a great opportunity for both investors and owner-occupants-live in one unit and rent out the others! Property is subject to Los Angeles Rent Stabilization Ordinance (RSO). Potential market CAP rate of 6.80% and market GRM of 9.81. Enjoy proximity to shopping, dining, and entertainment in charming Old Town Torrance. Close also to public transportation and freeway. Residential financing options available and strong rental demand in this desirable South Bay location.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Tile, Vinyl, Carpet
Fireplace No
Laundry Gas Dryer Hookup, Laundry Room, Other
Exterior
View Other
Building
Lot Description Other
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227