Property Detail

Description

Outstanding value-add opportunity in charming Old Torrance. This well-maintained 5-unit mid-century building is now 100% vacant—a rare chance for investors to take immediate possession, renovate to taste, and lease at full market rents for strong cash flow. Thoughtful layouts make each unit feel like a standalone home: back doors off the kitchen, built-in bookshelves, original hardwood floors in excellent condition, separate dining rooms, and light, bright interiors. Most windows are newer (all except one unit). Classic tile baths and included appliances round out the vintage-modern appeal. Unit mix: four spacious 1BD/1BA units plus one 2BD/1BA with a fireplace and separate dining. On-site coin laundry adds ancillary income. Parking is easy with 4 garages, driveway space, and ample street parking. Lifestyle amenities are all around—Downtown Old Torrance shops and restaurants, Wilson Park, Del Amo Fashion Center, and Torrance High School. The city’s well-regarded schools, proximity to major employers (e.g., Honda HQ, Providence Little Company of Mary), quick access to the 405/110, and minutes to Redondo Beach keep rental demand strong. Investor notes: No local rent control (buyer to verify); statewide AB-1482 may apply. Delivering vacant streamlines renovations, branding, and lease-up—position this asset for durable income in a high-demand South Bay pocket.