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2363 Torrance

Torrance, CA 90501
  • $1,700,000
  • STATUS: Active Under Contract
  • ON SITE: 119 Days
  • ID#: SB26131707
Under Contract
UPDATED: 25 min ago
$1,700,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1944
County:

School Ratings & Info

Listing Agent(s): Stephen Lampe of Re/Max Commercial & Investment (310-802-2500) and Martha"Mimi" Alonso of Estate Properties(310-378-7747)


Description

Vintage Hollywood Charm in Old Torrance – Mid-Century Modern 5-Unit Collection Rare opportunity to own a meticulously maintained, one-of-a-kind 5-unit investment collection in the heart of Old Torrance. ALL UNITS 100% VACANT and READY FOR FULL MARKET RENTS! Each residence lives like its own private home — separate entrances, no shared driveways, true street-to-alley access. Two units have back doors off the kitchen for enhanced privacy. All units have iron screen doors. Unit Mix & Features: 1 Spacious 2BD / 1BA upstairs (~1,002 SF) 4 Large 1BD / 1BA apartments (~662 SF each) Each unit with its own large living room, bedroom, dining room, full bath with original tile as well as in the kitchens which have stove, refrigerator, and dedicated water heaters. There are 4 garages with alley access plus ample fee-free street parking. On-site coin laundry provides additional income. Value-Add Potential: Front and in-between spaces, as well as garage conversion opportunities, offer ADU potential (BUYER TO VERIFY) to maximize rental income and long-term appreciation. Prime Old Torrance Location: Minutes from Downtown Old Torrance shops and restaurants, Wilson Park amenities (Farmer’s Market, pickleball, sports fields, walking paths), Del Amo Fashion Center, Torrance High School, and major employers including American Honda Motor and Providence Little Company of Mary Medical Center. Easy two miles access to 405 or 110 freeways and just minutes to Redondo Beach, supporting strong, consistent rental demand along with the near finish Metro K Rail line nearby. Why This Investment Stands Out: Character and charm with timeless elegance. Private. Boutique layouts. High-demand location.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-15T00:29:23.017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/177800429
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2363 Torrance Torrance, CA 90501

  • Price: $1,700,000
  • Status: Active Under Contract
  • On Site: 119 Days
  • Updated: 25 min ago
  • ID#: SB26131707
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1944
Built
Neighborhood:
134 - Old Torrance
County:
Los Angeles
Area:
134 - Old Torrance
Property Description
Vintage Hollywood Charm in Old Torrance – Mid-Century Modern 5-Unit Collection Rare opportunity to own a meticulously maintained, one-of-a-kind 5-unit investment collection in the heart of Old Torrance. ALL UNITS 100% VACANT and READY FOR FULL MARKET RENTS! Each residence lives like its own private home — separate entrances, no shared driveways, true street-to-alley access. Two units have back doors off the kitchen for enhanced privacy. All units have iron screen doors. Unit Mix & Features: 1 Spacious 2BD / 1BA upstairs (~1,002 SF) 4 Large 1BD / 1BA apartments (~662 SF each) Each unit with its own large living room, bedroom, dining room, full bath with original tile as well as in the kitchens which have stove, refrigerator, and dedicated water heaters. There are 4 garages with alley access plus ample fee-free street parking. On-site coin laundry provides additional income. Value-Add Potential: Front and in-between spaces, as well as garage conversion opportunities, offer ADU potential (BUYER TO VERIFY) to maximize rental income and long-term appreciation. Prime Old Torrance Location: Minutes from Downtown Old Torrance shops and restaurants, Wilson Park amenities (Farmer’s Market, pickleball, sports fields, walking paths), Del Amo Fashion Center, Torrance High School, and major employers including American Honda Motor and Providence Little Company of Mary Medical Center. Easy two miles access to 405 or 110 freeways and just minutes to Redondo Beach, supporting strong, consistent rental demand along with the near finish Metro K Rail line nearby. Why This Investment Stands Out: Character and charm with timeless elegance. Private. Boutique layouts. High-demand location.
Exterior Features

Architectural Style Mid-Century Modern Construction Materials FrameStucco Entry Level 1 Entry Location Ground Lot Features Rectangular LotStreet Level Number Of Separate Electric Meters 5 Parking Features Garage Faces Rear Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 6.76 Common Interest None Community Features ParkSidewalksUrban Electric Expense 960 Fuel Expense 250 Garage YN Yes Gross Income 155000 Gross Scheduled Income 155000 Insurance Expense 4507 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Maintenance Expense 4000 Net Operating Income 114923 New Construction YN No New Taxes Expense 20060 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 0 Operating Expense 35427 Other Expense 2000 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 1200 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 4650 Vacancy Allowance Rate 3 Water Sewer Expense 1250 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-15T00:29:23.017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Stephen Lampe of Re/Max Commercial & Investment (310-802-2500) and Martha"Mimi" Alonso of Estate Properties(310-378-7747)